back Back

World’s first adaptive digital currency ndau added to Messari Registry

By Edlyn Cardoza

September 28, 2021

  • Bitcoin
  • DeFi
  • Digital Currency
Share

ndau, Digital Currency, Messari, USAndau, the world’s first adaptive digital currency, has been included in Messari’s vetted registry of blockchain and cryptocurrency projects. The leading website now features contextualised data and analytics for the currency and its adaptive DeFi economy. Regular updates on the project are expected.

As one of the most used research tools in the blockchain industry, Messari brings important awareness about ndau. The platform’s users will learn about its vast array of use cases, including institutional and retail storage, diversification and risk mitigation, escrow, protection against inflation, and a more reliable source of collateral for smart contracts. They will also count on reliable information on the asset’s performance as an adaptive store of value.

Rob Frasca, Director, Oneiro, said, “Messari’s large audience will now have access to key information about ndau’s role as an adaptive digital currency. It’s exciting to know that traders, investors, and enthusiasts who use the platform daily will become aware of the advantages ndau offers as an alternative store of value and its staking program. Generally speaking, the industry is catching on to the fact that ndau is the right asset for the Early Majority phase of blockchain adoption.” 

Attention around ndau has increased in the past months since the price of ndau captures the value in the overall market while disincentivising sell-offs in the event of a market downturn. This is possible because the network relies on a built-in monetary policy that embeds these features, differentiating it from other attempts at an adaptive currency. ndau is paced along with real-time demand yet continuously builds a reserve that supports its price floor. Therefore, the asset can avoid being pegged to any fiat currency while still being an ideal store of value.

The currency also counts on an Ecosystem Alignment Incentive (EAI), a staking program that directly rewards long-term holders up to 15% in annual staking yields. These are distributed directly to their wallets without giving custody to third-party service providers. An uncommon practice among other Proof-of-Stake networks.

In the future, Messari users will also be updated on ndau’s plans for Wrapped ndau. The new asset will be tradeable and can be staked on different DEXs and popular DeFi platforms, making ndau more accessible to users on the Ethereum and Binance Smart Chain ecosystems. 

Previous Article

September 28, 2021

Nucoro’s cloud-native platform is now available on Finastra’s FusionStore

Read More
Next Article

September 28, 2021

Market Pay partnered with Dejamobile to enhance contactless payments

Read More








IBSi Daily News Analysis

digital wallets

March 01, 2024

Bitcoin

Banking Sector and regulatory framework: addressing India’s growing demand for secure lockers

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

March 01, 2024

The Weekly Wrap: all you need to know by Friday COB | March 1st

Read More

March 01, 2024

Unveiling the Future of Financial Prosperity: IBSi’s NextGen WealthTech Report

Read More

February 29, 2024

The Deep Dive: Cloud Account Takeover

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023