Ardana profile
Ardana Profile (DANA)
Rating: F | Weak
Speculative Small Cap
Project Safety Score

Sun, Jan 23, 2022 8:51 PM

F
Rating Weak
Market Cap $372424266.86267
24hr Volume $419029.43522659
Price $2.9793941349013
Review

Ardana

token

Cardano

Ardana is a decentralized stablecoin hub which will bring the necessary DeFi primitives needed to bootstrap & maintain any economy to Cardano. Ardana offers an on-chain asset-backed stablecoin and a decentralized stable-asset DEX. The Ardana token (DANA) is the utility and governance token of the Ardana ecosystem which provides stakers with access to a share of the fees from Ardana and allows those who hold it to vote on changes to the project’s parameters. Ardana is an on-chain asset-backed stablecoin protocol and decentralized exchange stable asset liquidity pool built on Cardano. The stablecoin is overcollateralized with on-chain Cardano native assets, facilitating borrowing. The decentralized exchange allows for highly capital-efficient trading between stablecoins and identical assets with low risk income for liquidity providers from fees. Users will be able to mint stablecoins of different currencies and swap between them on Danaswap, facilitating a rapid low cost international foreign exchange system accessible to all.

Read more in the whitepaper:
https://docs.ardana.org

Ardana Smart contracts and audits.

Below are the available smart contract addresses and any associated contract audits.

ADA: asset1cwf8cjzvmsjydlsawx3lgujmrwdl2uz8exclkl

Ardana Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Ardana Safety Report

Ardana has a safety score of 2.43

Ardana is a small cap token.

Ardana is suited to a speculative investment style.


Ardana Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • project team
  • github
  • bitcointalk thread

Ardana Red Flags

There are currently no Ardana red flags.


Ardana Development Score

The link to the projects repository has not been submitted yet.


Ardana Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • The overall sentiment is very positive
  • Below average number articles to calculate the sentiment

Ardana Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Ardana?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Ardana has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high hashtag tweets
  • average reddit articles
  • no gitHub account watchers

Ardana Awareness Score

The awareness score indicates how well Ardana is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Ardana is but a good measure of longevity is how well the project is known by the general public.

Overall Ardana this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • very poor search result total
  • very poor number of news articles mentioning Ardana
  • no number of headlines about Ardana
  • very poor number of Ardana YouTube videos

Ardana Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Early project age (released Oct 15, 2021)

Ardana Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • poor USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Ardana Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Ardana Exchanges
Ardana Explorers
DANA
Member Ratings (DANA)

--/5

0 reviews
Ratings and reviews left by our members do not impact the profile score.
No reviews
Be the first to leave a review

No one is talking about Ardana, be the first to start the conversation.

Do you think Ardana is a scam project which will disappear in a rug pull in the next few months or do you think Ardana is here to stay?

And more importantly let us know your experience and warn others if you have noticed something suspicious.

81.25%

Complete
Profile Status

How complete is this profile:

Some missing data points

This profile is still waiting for the following data points

  • project team
  • github
  • bitcointalk thread
Member Signals

--/5

(no reviews)
Member Ratings
Market Cap Rank:
3521
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
Ardana Reddit
Ardana News
  • Milyonluk Aboneli Analist: Bakın, Bu 7 Altcoin Tırmanabilir!

    Fri, Jan 14, 2022 4:13 PM

    ...

    read more...
  • Cardano Updates | Top-performing Cardano Projects | Dec ...

    Thu, Dec 16, 2021 12:00 PM

    ...

    read more...
  • $ADA: An Overview of the Five Most Highly Anticipated Cardano-Powered DEX Projects

    Thu, Dec 2, 2021 12:00 PM

    ...

    read more...
  • Bu 31 Altcoin Yatırımcılarının Dikkatine: İşte Bu Hafta Olacaklar!

    Mon, Nov 22, 2021 5:00 PM

    ...

    read more...
  • DANA Token by Ardana and its Contribution to the Ecosystem

    Mon, Nov 22, 2021 12:00 PM

    ...

    read more...