ASPA Partner Focus #5— Announcing the Latest Stake Pool Operators Partnering with Ardana
After completing our token sale registration last week, we are now ready to welcome the next ASPA joiners to Ardana! We sat down and interviewed each stake pool to discover their mission and goals, who they are as a team, and find out what inspires them about Cardano and Ardana.
Maluiin Pool
https://twitter.com/Cryptofly777
Malluiin Pool was launched in June 2021. The mission of this pool is to provide uncensored and unlimited free internet for educational and medical purposes to the hill tribes of West Papua, Indonesia, and to power this connection with renewable hydropower.
The founder is a production engineer by trade with experience in robotics and an interest in AI. She is very well connected in the Cardano community. She believes that the Cardano community is the most welcoming, progressive, and helpful online community in the crypto space. The founder stated, “They look at every project critically and then fully back projects that pass the test.”
Maluiin Pool is very much looking forward to joining ASPA, stating, “After reading your white paper and hearing Ryan Matovu speak at the Perth Cardano Summit, I knew that this was going to be a great project. Not only a successful one but a great one.”
BREAK
The mission is to support the growth of the Cardano community in Thailand. Unlike English-speaking countries, there is much less content about Cardano in Thailand, plus the information presented is often very price-oriented. The team hopes that the pool, social media channels, and group chat can help Thai people better understand Cardano’s mission and vision for the future (independent of short-term price speculation). The stake pool has been operating since March 2021.
The pool believes in Cardano because it is committed to doing things the right way, not in a rush. They also think that the combination of eUTx, smart contracts, and decentralized stake pool is a work of art and that the ambition and long-term vision of the project never ceases to amaze.
Break is excited about Ardana because they are introducing a decentralized, stablecoin is something they care deeply about because it’s important to take power away from centralized issuing authorities. Along with the quality team, they see Ardana being able to successfully develop and implement dUSD, along with a number of DeFi features — what’s not to like!
MNKY
https://twitter.com/mnkystakepool
The pool has been operating since July 2020. MNKY is a dual mission stake pool. First, the pool seeks to support the decentralization of Cardano by leveraging over 18 years of technical experience to run a solid stake pool, and second, it aims to support animal conservation efforts by raising funds.
They believe Cardano has the potential to change the world, especially in developing countries where most people do not have access to banking services or economic identity. Moreover, Cardano has a world-class team of scientific minds working to make this a reality.
As for Ardana, MNKY is excited about the possibility of having a high-quality, fully decentralized stablecoin DEX liquidity pool that is native to the Cardano blockchain.
COINZ
This stake pool is on a mission to support cancer research and help find a cure. The founder began launching the pool in February 2021, when Cardano staking was announced. Tech-wise, they were up and running pretty quickly, but the marketing end was a new experience.
COINZ stated that Cardano appears to be the legitimate option to replace the world financial system. Other blockchains in this space are mostly just hype and copies.
COINZ believes Cardano was a novel approach from someone who had already started a massive project, Ethereum, and could see things as they could be. Also, the mission to connect others and work with Africa seems to be a great way to drive adoption.
COINZ is excited about Ardana and stated that a lot of thought has gone into this project. “It seems like a great team, and it is not a regular DEX but one for stablecoins. It also seems like there will be earning potential.”
Fungi Pool
Fungi Pool donates monthly to support research initiatives and organizations that harness the power of fungi to heal humanity and the earth in general. Fungi Pool was founded at the end of May 2021. The founder joined the Cardano community in early 2019 and was very excited to create Fungi Pool as a way to earn ADA while strengthening the network and giving back to the community.
Ever since the founder first saw Charles’ whiteboard video, he has been a huge supporter of the Cardano project, “It has developed the most democratic and sustainable solution to the crypto trilemma. I believe Cardano can disrupt our current corrupt old financial institutions and set the trend for a new and egalitarian global financial system.”
Fungi Pool believes Ardana is exciting because it offers what Cardano needs — a great DeFi platform and a reliable stablecoin. Collateralized lending and yield farming will create a lot of new opportunities for people around the world.
Conclusion
Thank you for reading the fifth article in the ASPA Partner Focus Series! Any interested stake pools that would like to join Ardana Stake Pool Alliance (ASPA) click this link to access our application, and you could be featured on our website and in a future ASPA Partner Focus article. We at Ardana understand that for DeFi on Cardano to flourish, stake pools must be engaged from inception to adoption.
About Ardana
Ardana is Cardano’s 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 stablecoin is verifiably backed by an excess of on-chain collateral and will enable borrowers to take leverage on their ADA or other supported assets. The DEX is a highly capital efficient exchange enabling swaps with minimal slippage & fees while providing low-risk yield opportunities to liquidity providers.
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