Cardano begins a new era of DeFi, whose imaginary peak will come next weekend at the Cardano Summit 2021, where collaborations of enormous proportions are to be announced. However, the network has previously announced some interesting news.
Cardano has its own DeFi Hub
The company has announced a very important collaboration with top developers from EMURGO, who are thus joining the ADA network.
The official announcement came from Astarter. The goal of development and cooperation is to meet the requirements more than 140 companies, which are ready to take full advantage of smart contracts.
Introducing Astarter, a DeFi infrastructure hub on Cardano backed by EMURGO @emurgo_io. Astarter is going to build a launchpad, decentralized exchange, money market and tech service dApps on the Cardano blockchain. Check out our blog to learn more!https://t.co/Ikvd15ttOH pic.twitter.com/HRrvrqZevN
– Astarter (@Astarter_Pad) September 16, 2021
What will collaboration bring?
The main goal of Launchpad is to accelerate the raising of funds for the teams involved in the initial development of Cardano. Among other things, the module will also provide certain loans in ADA tokens for other native network assets.
Co-founder Cardano and one of the most influential men in the world of cryptocurrencies, Charles Hoskinson however, it warns against possible “imitators” who want to seduce the popularity of smart contracts.
Another reminder to everyone, I do not have a Linkedin page nor an Instagram account. If you get contacted by a Charles Hoskinson there, then it’s a fake account
– Charles Hoskinson (@IOHK_Charles) September 16, 2021
Hoskinson has been and still is a victim of various fake profiles on social networks such as Instagram or Facebook. The people behind these profiles are trying to attract investors on his behalf. However, Cardano’s founder assured everyone that he did not have an account. So it’s a scam.