Ardana is a decentralized stablecoin and DEX liquidity pool built on Cardano
Ardana is an on-chain asset backed stablecoin protocol and decentralized exchange stable asset liquidity pool built on Cardano. The stablecoin is overcollateralized with on-chain Cardano native assets facilitating borrowing and the decentralized exchange allows for highly capital efficient trading between stablecoins and identical assets with low risk income from fees for liquidity providers.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Oct 28, 2021 | Initial Coin Offering | $1.50M | — | — | — | Detail |
Oct 15, 2021 | Funding Round | $6.56M | 17 | Ascensive Assets | — | Detail |
Aug 15, 2021 | Seed | $2.70M | 4 | cFund Three Arrows Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Ascensive Assets | Yes | Funding Round |
Three Arrows Capital | Yes | Seed |
cFund | — | Funding Round |
Double Peak Group | — | Funding Round |
Extra Watts | — | Funding Round |
Faculty Group | — | Funding Round |
iAngels | — | Funding Round |
Justin Sun | — | Funding Round |
Kosmos Ventures | — | Funding Round |
Mechanism Capital | — | Funding Round |