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ADALend: The full potential of DeFi for more security and functionality



Anyone who has ever had to apply for a loan knows that the process is often very tedious and can be associated with uncomfortable conditions.


The current situation is that banks require full supervision of loans and those who take out those loans. ADALend wants to change that. The platform enables decentralized crypto lending and financial products with individual control based on smart contracts.


Share tokens in liquidity pools

There are no lending requirements . Anyone can deposit any amount and receive the appropriate APY value set by the protocol in the form of share tokens. The provision of liquidity is an essential part of the ADALend platform . Internal and external oracles are used to determine the dynamic rates of the liquidity pools.


When the loan is repaid, the share tokens are converted into their underlying tokens. During this process, the share tokens are canceled and the underlying token is returned to the user. This will complete the transaction. At this point, the underlying tokens have already increased in value as the value of the stock tokens increases over time.


The repayment process regulates the repayment of the borrowed money and the accrued interest. If the repayment amount is less than the amount to be repaid, the amount borrowed is deducted from the repayment amount, which results in the new repayment amount. If the repaid amount is greater than the repayment amount, the repayment amount is referred to as the loan amount.


Multi-layer security for liquidity pools

The highest priority of ADALend is the stability and security of the protocol. To this end, internal and external oracles are involved in order to check prices in several ways and to ensure the liquidity of the pools. The architecture and code quality as well as active liquidation bots and insurance also contribute to security. In addition, the platform is constantly being expanded to include additional functions.


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Disclaimer of liability

All information contained on our website has been researched to the best of our knowledge and belief. The journalistic contributions are for general informational purposes only. Any action that the reader takes based on the information found on our website is entirely at your own risk.

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