ADALend is a lending protocol that is governed by the community. What problems do ADALend solve? The transaction and contract fees are lower. Transaction speeds are higher. Code security and robustness can be improved. It uses multiple oracles. The environment is friendly. How does ADALend fit into the current environment? The Aave of the Cardano ecosystem is called ADALend. ADALend is a peer-to-Peer lending protocol that can be used in a self-governed environment. The lending platform will be able to aggregate protocols that support business models that give economic support to billions of users if they are built on the Cardano blockchain. Cardano is an excellent platform developed and established based on proven evidential techniques and thoroughly evaluated pool analysis. The balance of power between borrowers and lenders will be brought back by ADALend.
