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DeFiTap
npub1rfsa...veuz
Cardano DeFi analytics. Preprod preview this month. Not financial advice. https://defitap.io · https://t.me/defitap · https://discord.gg/ZxcNBcq5TC · https://bsky.app/profile/defitap.bsky.social
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DeFiTap yesterday
Cardano is going after its own top-level domain, and the application just moved forward. The Cardano Foundation says .ada advanced to the next phase of the ICANN New gTLD Program, the first big round of new internet domains since 2012. If approved, .ada sits in the same global address system as every website you visit, not a wallet alias that only works inside one app. The catch is time. ICANN still has to check technical, financial and operational readiness, and new domains from this round are expected between 2028 and 2030. The bid came out of an on-chain info action with about 75% support and is funded by the Foundation, not the treasury. Governance vote to internet infrastructure. What would you build on a .ada domain first? https://cardanofoundation.org/blog/ada-icann-next-stage
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DeFiTap yesterday
The first real asset on CIP-0113 is a company. A day after programmable tokens went live on Cardano mainnet, the Cardano Foundation spun out Veridian, its digital identity project, as an independent firm. The shares were issued as ledger-based securities under the Swiss DLT Act, the first asset deployed with the standard. Veridian does verifiable credentials for people, companies and AI agents without a central database. Masumi already uses it to check agents before they get paid. Identity company, shares with the rules built in. Fitting first customer. What should be next, bonds or stablecoins?
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DeFiTap 2 days ago
The rules now ride with the token. CIP-0113 is live on Cardano mainnet. Stablecoin, fund and bond issuers can build KYC, sanctions screening, transfer limits, freeze and seize into native assets, and the ledger checks it on every mint, burn and transfer. No hard fork. The Swiss CMTA also recognized it as equivalent to its CMTAT securities standard. Great for institutions. A different deal for holders. Would you hold a token its issuer can freeze?
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DeFiTap 5 days ago
Did you know? Every Cardano UTxO needs a min ADA floor. Splitting tokens into tiny bags leaves stranded deposits, so wallet clutter has a real cost. The ledger bills dust.
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DeFiTap 1 week ago
Did you know? On Cardano lending, overcollateralization is the point. You lock more value than you borrow so liquidations have a buffer when price swings hit. Risk lives in the ratio, not in a slogan.
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