Ajna Protocol is a decentralized lending platform that enables peer-to-pool secured loans with no governance or external price feeds. More
| Fully Diluted Valuation | $4.80M |
|---|---|
| 24H Trading Volume | $48,601 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 780.50 M |
| Total Supply | 992.57 M |
| Max Supply | 1.00 B |
| Categories | Decentralized Finance (DeFi) 3 more |
|---|---|
| Founder | Joseph Quintilian |
| Website | ajna.finance Whitepaper 1 more |
| Socials | 2 more |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Arkhamintelligence 3 more |
| Contracts |
0x9a9....35079
1 more
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| Name | Pair | OG Score |
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Ajna Protocol is transforming the way decentralized lending works by tackling common challenges in existing systems. Here’s how it stands out:
1. Permissionless Pools
Ajna allows anyone to create lending pools without needing approval. These pools consist of two types of tokens: quote tokens from lenders and collateral tokens from borrowers. This open system means you can start a lending pool with any tokens you choose, bypassing traditional approval processes.
2. Price-Specified Lending
Instead of relying on external price feeds, Ajna lets lenders set their own lending price. This price indicates how much they are willing to lend per unit of collateral. Lenders choose from predefined price ranges, making it easier to manage their risk. If things go wrong, they get collateral back at the price they set.
3. Market-Based Interest Rates
Ajna determines interest rates based on how much money is being borrowed compared to how much is available in the pool. If more people are borrowing than lending, interest rates go up. If there’s more lending than borrowing, rates go down. This helps keep the system balanced and fair.
4. Liquidation Bonds
To prevent unnecessary liquidations, Ajna uses liquidation bonds. If someone wants to liquidate a loan, they must pledge a bond first. This bond acts as a deterrent against wrongful liquidations. It helps ensure that only loans that are genuinely under-collateralized are liquidated.
Ajna Protocol is unique for its permissionless pool creation, price-specified lending model, and market-derived interest rates, which eliminate the need for governance and external price feeds, simplifying decentralized lending.
The founder of Ajna Protocol is Joseph Quintilian.
AscendEX (BitMax), Uniswap V3 (Ethereum), Uniswap V2 (Ethereum), Aerodrome (Base), Uniswap V3 (Base)
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Ajna Protocol (AJNA) is ($780,496,064), max supply of Ajna Protocol AJNA is ($1,000,000,000) and the market cap of Ajna Protocol AJNA is ($3,775,241).
What is the Ajna Protocol (AJNA) price prediction?
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The current market price of Ajna Protocol (AJNA) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
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