Hey Cardanians! Welcome aboard the Weekly Cardano Digest #21!!
We've filtered through all the noise to distill crucial updates into a breezy, 5-minute read. No need for you to sift through endless info — we've got you covered. Ready to delve into this week's top Cardano news? Let’s dive in.
Here are the topics of the week:
EMURGO Partners with GSR to Shape Cardano's Evolution
Tokeo Teams Up with Coinbase Pay for Smooth ADA Purchase
Over 1200 Cardano projects presented in Fund 12!
Introducing Sundae v3: A New Era of Cardano Innovation
Weekly Development Report IOG.
& More!
This week on Cardano...
EMURGO Partners with GSR to Shape Cardano's Evolution
EMURGO, one of Cardano’s founding entities, has partnered with GSR, a global cryptocurrency trading firm, to enhance the ecosystem's infrastructure. By tapping into GSR's market liquidity expertise, this collaboration aims to deepen liquidity provision and improve transaction efficiency across Cardano's decentralized exchanges.
EMURGO-GSR Collaboration Fuels Innovation and Growth
The alliance will fuel innovation within Cardano by scouting and supporting promising projects through strategic investments. This focus on interoperability and user engagement seeks to simplify interactions across the blockchain, attracting developers and businesses to the ecosystem and promoting its expansion.
GSR's subsidiary securing the Digital Payment Token Service license underscores the regulatory progress in the digital asset market. This partnership not only strengthens Cardano's position as a pioneer in blockchain technology but also highlights its commitment to sustainable development and security through its proof-of-stake protocol.
Tokeo Teams Up with Coinbase Pay for Smooth ADA Purchases!
Tokeo, the new generation of cross-chain smart wallet for Cardano, now provides enhanced convenience through its integration with Coinbase Pay. Whether you're delving into the realm of cryptocurrencies or seeking swift exits from your positions, Tokeo's collaboration with Coinbase Pay guarantees a seamless experience. With this partnership, users can effortlessly purchase ADA at any time, benefiting from the platform's simplicity and accessibility.
This integration marks a significant step forward in Tokeo's commitment to enhancing user experience. By streamlining the activation and deactivation of the ramp during transactions, Tokeo facilitates users in navigating the cryptocurrency landscape effortlessly, harnessing the capabilities of Coinbase Pay's renowned platform for frictionless transactions.
Over 1200 Cardano projects presented in Fund 12!
Project Catalyst serves as a hub for decentralized innovation within the Cardano ecosystem. As a decentralized funding platform, it embodies principles of community governance and technical advancement. Through collaborative efforts, individuals converge on this digital platform to propose, evaluate, and execute projects aimed at addressing real-world challenges while democratizing access to funding and decision-making processes.
Looking forward to Fund12, with a substantial fund size of ₳50 million, Project Catalyst invited innovators to present their ideas and contribute to Cardano's evolution. Proposals span various categories, from Cardano Use Cases to Partnerships and Real World Integrations, offering ample opportunities for engagement and collaboration.
For those who were unable to submit their proposals by today's deadline, May 13th, rest assured that if you've been developing an idea, you can still refine it for presentation in the next funding round! We extend our gratitude to those who support and vote for our proposals, driving forward the vision of a decentralized and inclusive Cardano ecosystem!
Introducing Sundae v3: A New Era of Cardano Innovation
Sundae v3 marks a significant leap forward in Cardano's DeFi capabilities. With contracts capable of processing over 35 orders per batch, Sundae v3 promises a 10x increase in transaction speed, accompanied by reduced fees for users. This enhancement in scalability is complemented by Sundae v3's focus on extensibility, enabling seamless contract upgrades without protocol relaunches, ensuring a future-proof protocol offering. Moreover, Sundae v3 prioritizes interoperability, facilitating smooth interaction with other protocols, thereby enhancing the fluidity of transactions across DeFi ecosystems.
Sundae v3 Sets New Standards with Dynamic Feed and DAO Governance
Sundae v3 enhances usability through dynamic fee models and scooper fee rebates, optimizing transaction costs for users. Beyond performance enhancements, Sundae v3 underscores a commitment to governance and sustainability, paving the way for complete decentralization through multiple revenue streams and DAO-driven administration capabilities. By fostering composability and integration with features like Donations and Strategies, Sundae v3 empowers users with a toolkit for sophisticated financial operations, promising a new era of decentralized finance on the Cardano blockchain.
Interesting Stories:
🎊 A Message from Lucas 🎊
Hey everyone!!! Exciting week we had. From my side we hosted a Governance workshop in Argentina, which had a crazy attendance. It was a day-long workshop and over +70 people attended, just crazy.
We, the Cardano newsletter team, are happy to announce that we will be presenting ideas on Fund 12!! We are so excited to keep the newsletter growing. We are onboarding lots of people through this channel and we can't wait to keep it going and scale it even more. Cardano has marketeers, and we will show Cardano to the world!!!
Finally on some other great news! Last week we launched our Cardano Hoodies, saw some of you already peeking at the website. If you haven't decided, I invite you to check them out here! We only got a few left!
Check it out HERE!
-Lucas Macchiavelli