Cardano's Liquid Staking Standard
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Cardano is famous for its native liquid staking of $ADA
But most staked CNTs are locked and can't be traded, lent or used in DeFi, until now:
We integrated with 10+ top protocols to launch LAVA, Cardano's 1st Liquid Staking Standard 🧵👇
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11,973
9 years.
Happy birthday Cardano 🎂
Feels like a pretty good time to be building.
Nine years ago, Cardano's first block was minted.
Since then:
2,890 stake pools.
13,978,119 blocks.
123,982,111 transactions.
A constitution, ratified on-chain.
36,322 votes on 158 governance actions.
And a vibrant community behind all of it.
Here's to many more years. 🎂
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46.4 DeFi primitives 👀
Its about time we bumped those numbers up.
Cardano needs deeper lending, better liquidity infrastructure and more reusable DeFi primitives.
L-ADA gives those markets something new to build around, staked ADA that can actually move through DeFi.
By area, Cardano scored:
- Chain access and data: 61.5
- Builder platform: 69.1
- User and asset rails: 51.5
- DeFi primitives: 46.4
- Program enablers: 36.9
Cardano is strongest where builders work.
The gap widens in DeFi primitives - the layer capital moves through.
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what sits under L-ADA?
underlying staked ADA.
beneath the surface, ADA sits in the backing layer.
orders are created, processed by the batcher, and moved into the protocol pool.
from there, L-ADA is what rises out and moves through lending, LPs and yield.
the staking stays underneath.
L-ADA is the part that moves.
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L-ADA works with @atrium_lab from day one.
The ADA underneath is delegated to their pools, keeps staking, and the rewards go into the rate.
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ever wonder why it's called lava
because it flows
Ever wondered why it's called Cardano?
Cardano is named after Gerolamo Cardano (1501–1576), the Italian mathematician & polymath who pioneered early cryptography.
A fitting tribute for a blockchain built on peer-reviewed research, math, and science.
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Watch our founder @nickmilne0 pitch Lava in front of @TimDraper at the @draper_u Genesis program.
Q&A from the pitch in the replies.
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