Everscale (EVER) provides technical support for Cardano (ADA)’s decentralized exchange (DEX)

May 30 23:46 2022

With the technical support by Everscale, a decentralized exchange (DEX) was launched where ADA holders can earn interest from a DeFi yield farm.

DEXADA is a combination of DEX (a decentralized exchange) and ADA (the native cryptocurrency of the Cardano platform). It is a decentralized exchange for ADA holders,

DEXADA uses Everscale (EVER) as an easily accessible bridge for Cardano holders. Cardano’s Nami Wallet and Everscale’s Ever Wallet can be easily connected through the bridge. Everscale has provided technical support to ensure that you can enter various interest farming programs on DEXADA as soon as you transfer ADA (Cardano tokens) to Ever Wallet via the bridge.

Thanks to the technology agreement between Everscale (EVER) and Cardano (ADA), DEXADA boasts an average time to the finality of less than 4 seconds. The exchange supports swaps between ADA and other cryptocurrencies. 

On DEXADA, multi-farming through which you can earn interest on multiple farms is possible thanks to Everscale’s lightning speed of 64,000 transactions per second.

Everscale has announced, “DEXADA has EVA as a governance token and it will provide the best technology it has to promote DEXADA.”

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Country: United States
Website: https://everscale.network/about

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