- This topic has 5 replies, 1 voice, and was last updated 1 week, 6 days ago by Zzzoem.
- Wednesday, November 23rd, 2022 at 13:21 #409233Unusual_HumansParticipant
Links appreciated, is this meant to become a stable coin? Just a curious small investor, nothing serious. Thanks 😊Wednesday, November 23rd, 2022 at 13:21 #409234sloe-berry-brain
We dont do price predictions (check sub rules), Cardano is a serious project, not a pump n dump.
If you have other questions then the community is very active and will help, just ask away.Wednesday, November 23rd, 2022 at 13:21 #409235JWillCHS
I won’t talk about price predictions.
We’re in an era of scaling and governance. They’re being worked on in parallel.
The Vasil hardfork was the catalyst for the implementation of decentralized applications similar to what you’ve seen on Ethereum and some new idea we haven’t seen from any other blockchain. We’ve seen some launched applications like the first implementation of the oracle Charli3 and Aada Finance. Some more notable applications are being launched on the testnet like Liqwid Finance(our Aave). Even Pavia, a metaverse project, is having its first live event soon.
Our TVL is low compared to other more notable blockchains, but our NFT market is booming! A lot of that has to do with timing as a lot of money from the cryptocurrency market has left and will only return when the US Federal Reserve decides to pivot. Plus the recent FTX problem has introduced some unseen road bumps to all cryptos since this might be the thing for the US to over regulate.
While the Vasil hardfork will drive growth through the launch of new applications, it was about a year late in terms of laying the foundation. But considering the market as a whole, it feels like Cardano actually might be right on time. Next to Ethereum we probably have the most development of any blockchain, if not the most(IOG vs Ethereum Foundation).
I think when another bull market comes the infrastructure to attract new money will be there. They’ll have their choice of dApps to use from metaverses to DeFi, their choice of stablecoins, and on-chain staking.
Speaking of stablecoins, from now to Q1 of 2023 users wills have native stablecoins. And you’ll have a choice from using a fully regulated stablecoin or a algorithmic stablecoin.
Things are getting really exciting and with the announcement of Midnight which is a side chain for privacy and even layer 2 solutions like Orbis things are getting exciting.Wednesday, November 23rd, 2022 at 13:21 #4092368512764EA
No such thing as “nothing serious” on this sub. We don’t talk price either.Wednesday, November 23rd, 2022 at 13:21 #409237Oyster_Pool
Hello and Welcome!
This is a good place to start:
Do you own any ₳ yet? Do you still have it on an exchange? If so please set up a wallet using any of the wallet interfaces such as Eternl, Yoroi, Flint etc and transfer your ₳ to it. Then you can start staking your ₳ which will passively earn you more ₳, pretty cool eh! There’s no risk in doing so, the coins never leave your wallet. Buy yourself a hardware wallet such as the Ledger Nano S Plus if you want to be sure your coins are safe.
More about staking here:
Drop me a DM if you need any help.Wednesday, November 23rd, 2022 at 13:21 #409238Zzzoem
Welcome, First take some time to read this below on ?wallets, ?staking and when you have more time ?DYOR.
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