Cardano Founder Reacts as Strike Finance Offers 54%+ APR on ADA
Photo: The Crypto Basic
Charles Hoskinson, the founder of Cardano, has praised the network’s decentralized finance (DeFi) ecosystem as Strike Finance reported a new annual percentage rate (APR) for USD stablecoins. Strike Finance, a Cardano -based on-chain perpetuals platform, announced that its RealFi integration was now generating more than 54% APR for USD stablecoins deposited in its liquidity vault. Reacting to Strike Finance’s update on the yield offering, Hoskinson said in a post on X, “Not bad, Cardano. Looks like we got the best DeFi.” Hoskinson’s remarks highlight his confidence in Cardano’s growing DeFi ecosystem and its potential to attract more capital.
Source: The Crypto Basic
