Decentralized Finance refers to a new financial system that uses blockchain technology and smart contracts to enable the creation of decentralized financial applications and services. It is a digital ecosystem of financial applications that can be built and run on blockchain networks
Digital assets known as NFTs are kept on a blockchain and can even be connected to tangible assets representing different types of digital material. The ownership of these assets is documented on the blockchain, resulting in an unchangeable record that makes it
The central token of the entire Cardano ecosystem is called ADA. It was issued on October 2, 2017, with a maximum supply of 45,000,000,000 ADA. The total amount of ADA is 4.5 billion, of which 2.5 billion is used for ICO, and