$ADA TVL amount soars to over 73% as 23 new stakepools emerge. Cardanians_io Cardano Cardano ADAnews
to the pool in order to earn awards in the same coin in accordance with the proof-of-stake consensus algorithm.A day before, U.Today reported that ADA TVL had seen an over a 24-hour period as the Cardano ecosystem witnessed a substantial inflow of funds from investors.
A large part of these funds are now staked in the MinSwap decentralized platform. There is $174.51 million worth of ADA locked there at the moment. Another platform, SundaeSwap, contains $108.14 million in ADA locked in it. Following this dapp by amount of staked ADA, Meld has $72.44 million worth of ADA of TVL.A recent report shows that currently, almost 520 decentralized projects are being created on the Cardano blockchain. Those include NFT collections, DeFi apps and new ADA wallets.
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