Here are the most important updates within Cardano ecosystem in recent days
The official account of Charles Hoskinson and IOHK recently share information on the most important updates to the Cardano ecosystem, including stablecoins, sidechains, partnerships and more.
A long thread included information about various projects concentrated on developing a variety of solutions. The first Cardano-based solution shared by IOHK was Wingriders DEX that went live by launching the mainnet version of the platform.
JpgStore NFT-marketplace based on the Cardano network has announced Launchpad Cohort 2, which aims to support more projects launched on the platform. The marketplace will provide monetary and marketing support to collections that have chosen Cardano to sell their non-fungible products. As for the various NFT platforms, NFTMaker has announced the token sale, which will take place in April.
As for decentralized finance projects, AdaSwap partnered with TokensFarm and brings liquidity provision and staking farms to the platform. It will allow users to earn a stable income by depositing their ADA coins into decentralized smart contracts.
Decentralized exchange MuesliSwap also announced limit swaps on all major DEX protocols via MuesliSwap, in addition to the platform revamp. Other DeFi platforms like Minswap currently implement Djed stablecoin.
In addition to the aforementioned projects, IOHK shared information about smaller solutions powered by Cardano network and promised to keep the community up to date with upcoming updates.
As for Cardano’s market performance, the coin is unfortunately losing its previously earned value by falling over 20% in the last seven days. ADA has already fallen below the $1 threshold and continues to decline as the cryptocurrency market fails to stay in an uptrend.
