Verified OGs:
9
CryptoFam:
211
Projects:
25546
BTC:
$117,325
0.24%
ETH:
$3,762.40
0.40%
ETH Gas
Low
Avarage
High
Data by Etherscan
Market Cap:
$3.91T
Fear&Greed:
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Ardana DANA Logo
Ardana DANA
$0.00017 0.14%
OG Score 0
Reviews 0
Ardana DANA Logo

Ardana DANA Price

$0.00017 0.14%
Low All Time High
$0.000000000821872 $11.27

Introduction

Ardana (DANA) is a decentralized finance (DeFi) hub on the Cardano blockchain, featuring a stablecoin platform and a decentralized exchange (Danaswap) More

OG Score 0
Reviews 0
Market Cap $7,949
Market Cap Rank # 10494

Token Stats

Fully Diluted Valuation $21,184
24H Trading Volume $38
24H Low / High $0.00 / $ 0.00
Circulating Supply 46.91 M
Total Supply 125.00 M
Max Supply 0.00

Info

Categories Decentralized Exchange (DEX) 6 more
Founder Ryan Matovu
Website ardana.org
Socials 2 more
Chains Cardano Ecosystem
Explorer Cardanoscan 1 more
Contracts Ardana asset....xclkl

DANA/USD Price Chart

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OG Evaluation

OG Score

OG Score Rank #NA
Reviews 0
Gem Score N/A

OGAudit Coin Evaluation Metrics

Innovation 0 .00
Innovation Is this web3 project innovative and offers a unique solution to a problem that outperforms its competitors? Is there clear information about the product/service? Is it as good as advertised? How about the growth potential?
Security 0 .00
Security How robust is this network/contract and are there up-to-date technical audit reports? Has the network/contract been halted previously? Have there been any serious hacks or exploits?
Community 0 .00
Community Does the team actively prioritize community input and leverage on-chain voting for decision-making? Is decision-making equitable, or do the whales have undue influence? Are social media and marketing strategies effective and sustainable? Is their social media presence organic, or are manipulated by bots? Do they provide effective user support? Any airdrop for the community?
Tokenomics 0 .00
Tokenomics Does the token have strong and diverse use cases? Are there clear incentives or revenue sharing mechanisms for token holders? Is the token's inflation rate and vesting schedule well-balanced? How much of the supply is controlled by the team or whales? Is the TVL (Total Value Locked) or staked value proportionate to the market cap? Is there adequate liquidity across DEX and CEX pairs?
Team 0 .00
Team Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?
Roadmap 0 .00
Roadmap Does the team have a clear roadmap and consistently deliver on their promises? Can the team adapt to market changes and meet user demands? Does the project have sustainable and diversified revenue income models to help it support its operations in the long term?

Ardana $dana User Reviews

What Crypto OGs are Saying About Ardana

Ardana $dana Markets

Name Pair OG Score

About Ardana $dana

What is Ardana (DANA)?

In the dynamic realm of decentralized finance (DeFi), Ardana (DANA) emerges as a significant player, shaping the financial landscape on the Cardano blockchain. Founded by Ryan Matovu in the first quarter of 2021, Ardana is spearheaded by Isaac Shapira, Chief Technology Officer (CTO), and Derek Evans, Chief Operating Officer (COO). At its core, Ardana is a hub committed to providing Cardano users with robust DeFi primitives that catalyze and sustain the financial ecosystem within the Ardana hub.

The Ardana Ecosystem Components

Ardana's mission is executed through two pivotal products:

1. Stablecoin Platform

The Stablecoin Platform enables users to leverage Cardano's native assets, generating stablecoins against them. This innovative approach allows for the creation of a stable asset foundation within the Cardano ecosystem.

2. Danaswap - A Decentralized Exchange (DEX)

Danaswap, Ardana's decentralized exchange, facilitates high-efficiency swaps between stable asset sets. Moreover, it provides a venue for liquidity providers to earn DANA rewards and trading fees, fostering an active and engaged community.

The Role of DANA: Governance and Utility Token

At the heart of Ardana's ecosystem is its native token, DANA. This token serves a dual purpose as a governance and utility token. Stakers on the Ardana hub gain access to a share of fees generated by Ardana, creating a rewarding experience for those actively participating in the ecosystem. Additionally, DANA holders wield voting power, enabling them to influence changes to project parameters.

To exercise their governance and utility functions, token holders are required to time-lock their DANA in the Ardana Reward Enhancement Module (AREM). In return, they receive exDANA, the secondary token of the Ardana ecosystem. AREM plays a pivotal role in rewarding token holders with a portion of the platform fees from Danaswap and the Stablecoin Platform, reinforcing the significance of DANA in the Ardana ecosystem.

Historical Context and Tokenomics

Ardana's journey began in 2021, with a vision to establish a self-sustaining DeFi hub on Cardano. With a maximum total supply of 125,000,000 DANA coins, the project has steadily evolved under the leadership of its founders and the expertise of its core team.

In conclusion, Ardana (DANA) stands as a testament to the transformative potential of DeFi on the Cardano blockchain. By offering stablecoin solutions and a decentralized exchange, coupled with a robust governance and utility token (DANA), Ardana is fostering an ecosystem that is both dynamic and community-driven. As the project continues to unfold, its role in shaping the future of decentralized finance on Cardano remains one to watch.

What is unique about Ardana (DANA)?

Ardana (DANA) distinguishes itself as a Cardano-based DeFi hub, offering a stablecoin platform and decentralized exchange (Danaswap). Its native token, DANA, serves dual roles as a governance and utility token, empowering users to earn fees and actively participate in project governance.

Who are the founders of Ardana (DANA)?

Ardana was founded by Ryan Matovu in the first quarter of 2021. The project is led by Isaac Shapira, Chief Technology Officer (CTO), and Derek Evans, Chief Operating Officer (COO), showcasing a strong leadership team dedicated to the success of the platform.

Where can I buy Ardana (DANA)?

You can buy Ardana (DANA) on Minswap, WingRiders cryptocurrency exchanges.

What are Ardana (DANA) user reviews/opinions?

OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like Ardana DANA. To access these ratings, evaluations, and comments, click here.

How to mine Ardana (DANA)? How can I stake Ardana (DANA)?

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.

What is the circulating, max supply and market cap of Ardana (DANA)?

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  Ardana (DANA) is ($46,906,250), max supply of Ardana  DANA is ($0) and the market cap of Ardana  DANA is ($7,949)

What is the Ardana (DANA) price prediction?

Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!

What is the price of Ardana (DANA)?

The current market price of Ardana (DANA) 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.

Is Ardana (DANA) a good investment?

It is important to do comprehensive research before deciding whether Ardana (DANA) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:

Is this type of digital asset considered legal in your country?

Does Coin (Ardana DANA) solve a good problem or offer the best solution?

Do products and services work effectively, and solutions are scalable?

Does the team have a realistic roadmap and can catch up with it?

Does Ardana (DANA) have reasonable and sustainable revenue income models?

Can the team market their products and services well?

How decentralized is the governance and how strong is the community?

Has it reached its fair market value yet?

Does the coin/token have enough trading pairs and liquidity?

As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Ardana (DANA) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.

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