Why is we are building Cardano?

We are developing a scalable, trustless, and decentralized lending protocol that harbors users within a self-governed environment. From day one, we committed to building natively on the Cardano blockchain, which will enable the lending platform to aggregate protocols that support business models that give economic support to billions of users.

What is Cardano and how does it work?

Cardano was created by Charles Hoskinson, a co-founder of Ethereum, another popular cryptocurrency, and it runs on a decentralized public ledger using blockchain technology. Blockchain manages and tracks the cryptocurrency, recording and ordering every transaction that occurs using it, like an endless receipt.

Does Cardano have a fixed supply?

This puts Cardano at 12th in the list of cryptocurrencies with the most coins, below the likes of Dogecoin, SHIBA INU, BitTorrent, and XRP. However, unlike Dogecoin and Ethereum, Cardano has a fixed supply. Cardano has a max supply of 45,000,000,000 ADA. This meaning just over two-thirds of the maximum Cardano supply is circulating.