CoinEdition
Published Oct 22, 2021 10:58AM ET
Non-Custodial Platform Adayield Sets the New Wave in Defi Lending Protocol
Adayield is a non-custodial fund management platform where users can create their own decentralized CDP, which means that users can lend and borrow for things like unlocking capital without selling holdings.
Adayield operates similarly to a bank. You can deposit assets as collateral and borrow stablecoins (USDC, DAI, USDT, TUSD, BUSD) based on your $AYID. The collateral remains intact until full payment of the debt or liquidation. User collateral will not receive any interest in this protocol.
Lenders on Adayield will get a bigger share of interest payouts in comparison to those on other DeFi platforms.
Adayield Protocol Aim
Adayield has provided a different mechanism compared with other Defi platforms to assure the borrowers and ensure the users’ assets based on the Cardano platform. In this mechanism, Adayield has separated the supply and the collateral pools.
Features of Adayield Protocol
The Adayield team provides some practical and more user-friendly features to make borrowers and lenders satisfied with their goals. Furthermore, Adayield has some competitive variables that we can assure you haven’t seen in other DeFi platforms before.
About Adayield
Adayield is a lending platform where users can hold their assets and receive interest or borrow tokens and repay it after a while. Adayield is built on Cardano network, open-source, and non-custodial Defi protocol
For More Visit:
Website: https://www.adayield.netTwitter: https://twitter.com/adayieldDiscord: https://discord.gg/wkxxeRYEMedium: https://medium.com/@Adayield
Media Details:
Company Name: ADAyield FinanceContact Name: Nader PoordeljooEmail: support@adayield.netLocation: UAE, Dubai
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