Ardana is a decentralized stablecoin hub which will bring the necessary DeFi primitives needed to bootstrap & maintain any economy to Cardano. Ardana offers an on-chain asset-backed stablecoin and a decentralized stable-asset DEX.
The Ardana token (DANA) is the utility and governance token of the Ardana ecosystem which provides stakers with access to a share of the fees from Ardana and allows those who hold it to vote on changes to the project’s parameters.
Ardana is an on-chain asset-backed stablecoin protocol and decentralized exchange stable asset liquidity pool built on Cardano. The stablecoin is overcollateralized with on-chain Cardano native assets, facilitating borrowing. The decentralized exchange allows for highly capital-efficient trading between stablecoins and identical assets with low risk income for liquidity providers from fees.
Users will be able to mint stablecoins of different currencies and swap between them on Danaswap, facilitating a rapid low cost international foreign exchange system accessible to all.
Where is Ardana available for purchase?
You can exchange DANA tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Ardana is Gate.io, notably the DANA/USDT pair, which saw a trading volume of $ 591.52 in the past day. Additionally, Minswap and WingRiders are popular alternatives for trading tokens.
What is the highest value Ardana (DANA) has ever reached?
Ardana (DANA) reached its peak price at 11.27 $ on 25 November 2021, approximately 3 years ago ago. Presently, the current price is -99.99% lower than this all-time high.
What is the historical minimum price for Ardana (DANA)?
The minimum price reached for Ardana (DANA) was 0.098218 $, documented on 05 August 2023, more than 2 years ago. In comparison, the current price is 130,90 MLN.%, it above this historical low.
What is the fully diluted valuation of Ardana (DANA)?
The fully diluted valuation (FDV) of Ardana (DANA) stands at $ 134,479. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of DANA tokens. The realization of this FDV might take several years depending on the emission schedule of DANA tokens.