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Aug 15 • 7 tweets • 8 min read
PROJECT CATALYST OVERVIEW
 
The Project Catalyst is one the most awaited events of the @Cardano ecosystem. Let’s have an overview of what that is.
 
#projectcatalyst #overview #cardano #community Image
@Cardano PROJECT CATALYST OVERVIEW
 
Project Catalyst is an experiment in community innovation, providing a framework to turn ideas into impactful real world projects.
So how it works?
 
#projectcatalyst #overview #cardano #community
@Cardano PROJECT CATALYST OVERVIEW
 
Innovate together
Got an Idea? Create an impactful proposal and collaborate with the community to develop and refine it.
 
#projectcatalyst #overview #cardano #community
@Cardano PROJECT CATALYST OVERVIEW
 
Vote for your favorite ideas
Use a voting app to choose ideas with impact worth funding. Get rewarded in $ADA for taking part.
 
#projectcatalyst #overview #cardano #community
@Cardano PROJECT CATALYST OVERVIEW
 
Stay up to date
Receive regular updates on all the funded ideas, so you can follow along and see how things are progressing.
 
#projectcatalyst #overview #cardano #community
@Cardano PROJECT CATALYST OVERVIEW
 
There are many campaigns of the Project Catalyst for the projects to propose their ideas, but the following are the top active campaigns:
1. Dapps, Products & Integrations - $7.85M in $ADA
 
#projectcatalyst #overview #cardano #community
@Cardano PROJECT CATALYST OVERVIEW

2. Developer Ecosystem - $1M in $ADA
3. Grow Africa, Grow Cardano - $500K in $ADA
4. DAOs <3 Cardano - $1M in $ADA
5. Grow East Asia, Grow Cardano - $250K in $ADA
6. Cross-chain Collaboration - $900K in $ADA

#projectcatalyst #cardano #community

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More from @cardano_daily

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Aug 17
Top 5 Tweets On #Cardano $ADA Ecosystem In The Last 7 Days 👇

Let's us review the most interesting news from the Cardanians Community last week 😍
Read 6 tweets
Cardano Daily Profile picture
Aug 17
OUTSTANDING DE-PEGGED STABLECOIN
 
Our @Cardano ecosystem is also having our own stablecoin, known as $DJED - @DjedStablecoin. However, before deep diving into the $DJED, let’s take a first look at other stablecoins on the crypto market to have a lesson.
 
#stablecoin #depeg Image
@Cardano @DjedStablecoin 1. Well, if you guys are involved in the crypto market lately, I am sure you guys shall be familiar with $UST ($USTC) of the @terra_money ecosystem. $UST is the algo-stablecoin, which has been guaranteed by $LUNA ($LUNC).
 
#stablecoin #depeg
@Cardano @DjedStablecoin @terra_money 2. In May, we don't know yet if this is a purposely attack or anything else behind this mess, $UST had lost its peg and completely went to nearly 0. Since then, $UST is just like a meme token for traders to speculate, not remaining its role as a “stablecoin”

#stablecoin #depeg
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Jul 18
PROOF OF STAKE V. PROOF OF WORK
 
The fixed date announcement for the Merge event of Ethereum has created such a positive motivation towards the market. So, let’s review the difference between Proof of Stake and Proof of Work.
 
#pos #pow #comparison Image
PROOF OF STAKE V. PROOF OF WORK
 
The two share one thing in common - they are all consensus mechanisms in blockchain.
Which means they ensure users are honest with transactions, and reduces fraud such as double spending.
 
#pos #pow #comparison
PROOF OF STAKE V. PROOF OF WORK
 
The main difference between these two is how they verify the blockchain transactions.
With PoS, Validators are chosen based on a set of rules depending on the "stake" they have in the blockchain.

 #pos #pow #comparison
Read 8 tweets
Cardano Daily Profile picture
Mar 4
1/6 @CardanoStiftung TVL Records A New ATH.

Bullish activities have not slowed down in the #Cardano ecosystem with TVL on #CardanoADA DeFi protocols has reached a new ATH of over $134M.

Per data from @DefiLlama, the TVL of @Cardano DEXs has surpassed its previous high of $130M.
@CardanoStiftung @DefiLlama @Cardano 2/6 The @DefiLlama dashboard shows #Cardano TVL to be even higher when staked governance tokens are added to the TVL valuation. However, the live TVL of the proof-of-stake blockchain was around $133 at the time of writing.

#ADA #CardanoADA #CardanoCommunity $ADA @Cardano
@CardanoStiftung @DefiLlama @Cardano 3/6 Among the #Cardano DEXs Defillama tracks, @SundaeSwap has the largest TVL. #SundaeSwap maintains an 88.77% dominance, with over $116 million in TVL. The automatic market maker DEX has seen its TVL increase around 72.43% in the last month.

#ADA #CardanoADA #CardanoCommunity
Read 6 tweets
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Mar 3
🔥#Cardano is catching fire!🔥

#WonderWoman @GalGadot has backed @adaswapapp - the next-gen #CardanoADA DEX.

The funding will further develop the protocol and provide more DeFi capabilities to the users.

Info: fxempire.com/news/article/g…

#ADA #CardanoCommunity $ADA @Cardano
@GalGadot @adaswapapp @Cardano .@adaswapapp raised $2.6M from various investors: @shimacapital, @Pluto_Digital, @gbvofficial, @Stardust, Efficient Frontier, Finova, @bantercap, @COTInetwork $DJED & including #GalGadot.

#ADA #Cardano #CardanoADA #COTI $ADA
@GalGadot @adaswapapp @Cardano .@adaswapapp has been in a development rally for more than a year now. The protocol has been through seed rounds, #stablecoins partnerships, and more.

The next target is to release the ASW token to exchanges, introduce staking protocol, and launch the #ADA #NFT mktplace.
Read 7 tweets

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