DeFi could be coming to Cardano

Cointelegraph

Published Dec 08, 2020 02:58PM ET

Updated Dec 08, 2020 04:40PM ET

IOHK, the development company behind Cardano, has named a DeFi lending protocol as one of its so-called Project Catalyst ideas — sending a strong message that decentralized finance applications could be coming to the project's blockchain.

In a series of Twitter posts, IOHK said Tuesday that several promising ideas tied to Project Catalyst will be revealed in the coming days. Project Catalyst is a public fund that is intended to bring “research, social experiments and community consent to establish an open, democratic culture within the Cardano community.”

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