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About Ardana

Ardana is a DeFi (decentralized finance) hub built on the Cardano blockchain. The hub's mission is to provide Cardano users with tested and tried decentralized finance (DeFi) primitives that aim to catalyze and help sustain the financial ecosystem of the Ardana hub. According to the whitepaper of the asset, in order to achieve this mission, Ardana has developed two particular products for the ecosystem. They are the following:

The Ardana token is the governance and native utility token of the Ardana ecosystem. The token aims to provide stakers on the hub with access to a share of the fees from Ardana. Further, the token seeks to provide token holders with voting power to add changes to the project's parameters. In order to exercise this utility and governance of DANA, token holders have to time-lock their DANA in the Ardana Reward Enhancement Module (AREM), where, in exchange, they will receive exDANA. The term exDANA represents the secondary token of the Ardana ecosystem. AREM is responsible for rewarding token holders with a portion of the platform fees of Danaswap and Stablecoins. Thus, reflecting the vital role DANA plays in the ecosystem of Ardana.

Ardana hub was founded by Ryan Matovu in the 1st quarter of 2021. The hub is headed by Isaac Shapira, chief technology officer (CTO), and Derek Evans, chief operating officer (COO). The token of the Ardana ecosystem has a maximum total supply of 125,000,000 DANA coins.

Market

Australia Market Stats

Market cap

-

Volume (24h)

A$17,219.73

Circulating supply

-

All time high

A$13.33

Price change (1h)

-0.38%

Price change (24h)

+6.24%

Price change (7d)

-7.94%

Australia News about Ardana

BeInCrypto • May 02, 24

Long-Awaited DeFi Exchange Infinex Reveals Launch Date

Infinex, set to launch on May 13, merges Web2 and Web3, aiming to simplify DeFi trading and attract a broad user base with a robust security system.The post Long-Awaited DeFi Exchange Infinex Reveals Launch Date  appeared first on BeInCrypto.

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The Block • May 02, 24

Pantera Capital invests in The Open Network, looking to capitalize on Telegram users

Pantera Capital, a crypto venture capital firm with over $5 billion worth of assets under management, has invested in The Open Network (TON).

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CoinDesk • May 02, 24

Tokenized Private-Credit Platform Untangled Opens Its First USDC Lending Pool on Celo

Private credit has been at the forefront of crypto's asset tokenization trend with over $600 million outstanding on-chain assets.

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CoinDesk • May 02, 24

LayerZero Takes Snapshot as Airdrop Draws Closer

The interoperability protocol indicated that there will be a series of airdrops.

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Messari • May 02, 24

State of The Graph Q1 2024

Demand for data on The Graph Network reached an all-time high of over 1.6 billion queries in Q1’24, up 66% from 1 billion in Q4’23. As a result of this increase in query volume, demand-side revenue in USD increased 42% QoQ. Since Q1’21, The Graph has been focused on the migration from a hosted se...

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Messari • May 02, 24

State of Celo Q1 2024

Celo’s capabilities to support payment and other real-world applications took a notable stride in Q1 with the integrations of native USDC and USDT. Subsequent proposals were passed to enable users to pay transaction fees in those native stablecoins. One of the standout payments applications on Ce...

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Ardana is on the decline this week.

The price of Ardana has decreased by 0.38% in the last hour and increased by 6.24% in the past 24 hours. Ardana’s price has also fallen by 7.94% in the past week. The current price is A$0.0026 per DANA with a 24-hour trading volume of A$17.22K. Currently, Ardana is valued at 99.98% below its all time high of A$13.33. This all-time high was the highest price paid for Ardana since its launch.

The current circulating supply of Ardana is 0 DANA which means that Ardana has as total market cap of 0.

FAQ

What is the current price of Ardana?

We update our Ardana to AUD currency in real-time. Get the live price of Ardana on Coinbase.

What is the market cap of Ardana?

The current market cap of Ardana is A$0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Ardana?

The all-time high of Ardana is A$13.33. This all-time high is highest price paid for Ardana since it was launched.

What is the 24 hour trading volume of Ardana?

Over the last 24 hours, the trading volume of Ardana is A$17.22K.

How many Ardana are there?

The current circulating supply of Ardana is 0.

Can I buy Ardana on Coinbase?

No, Ardana is not currently available on Coinbase, but you can sign up to get the latest news on Ardana and be notified when it gets added to our exchange.