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Multiplier Finance bMXXMultiplier Finance bMXXby0x4557AdbA9ed5249a90C6aA5AF855788414De2f150x4557…2f15

Add Asset CARDANO (ADA)

Voting ended almost 5 years agoSucceeded

Add Cardano (ADA) token to MCL.

Ada is a digital currency. Any user, located anywhere in the world, can use ada as a secure exchange of value – without requiring a third party to mediate the exchange. Every transaction is permanently, securely, and transparently recorded on the Cardano blockchain.

Every ada holder also holds a stake in the Cardano network. Ada stored in a wallet can be delegated to a stake pool to earn rewards – to participate in the successful running of the network – or pledged to a stake pool to increase the pool's likelihood of receiving rewards. In time, ada will also be usable for a variety of applications and services on the Cardano platform.

https://coinmarketcap.com/currencies/cardano/ https://www.coingecko.com/en/coins/cardano

Token Risk Parameters:

Variable Interest Rate Model Parameters Uoptimal= 45% Base = 0% Slope 1 = 8% Slope 2 = 100%

Stable Interest Rate Model Parameters Uoptimal= 45% Base = 3% Slope 1 = 10% Slope 2 = 100%

Ada will benefit the platform by adding one of the biggest volume and most talked about top 5 ranked coins.

Chainlink price feeds available for ADA/BNB and ADA/USD

Off-Chain Vote

FOR
12.43K 100%
AGAINST
0 0%
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Timeline

Mar 31, 2021Proposal created
Apr 01, 2021Proposal vote started
Apr 06, 2021Proposal vote ended
Oct 26, 2023Proposal updated