What is ADALend?
Over the last decade, the decentralized Finance (DeFi) space has been forced to evolve in order to keep pace with the development of the digital asset market.
The ADA Lend protocol will power the new wave of flexible financial markets by serving as a foundational layer for instant loan approval, automated collateral, trustless custody and liquidity.
ADALend is building a scalable and decentralized lending protocol within the Cardano ecosystem, governed by the community. Cardano was created as a blockchain platform to aggregate protocols that provide economic support to billions of individuals, and it is currently the market leader in Proof of Stake (PoS).