Ardana is Partnering with Occam.Fi in Upcoming IDO

Emma Dwyer
2 min readAug 6, 2021

We are pleased to announce that Ardana is partnering with Occam.Fi for their upcoming Initial DEX Offering. Occam.Fi offers the first decentralised launchpad, OccamRazer, for Cardano.

The decentralized funding platform and liquidity solution was first constructed to meet the needs of the Cardano network. Along with the launchpad, OccamRazer contains a vast range of fundraising profiles and a comprehensive set of legal and regulatory tech resources for experienced venture capital participants. Occam Finance was one of the first major decentralized applications to launch for Cardano and is committed to becoming a trusted fundraising partner. The much-anticipated decentralized OccamRazer launchpad was built by a team of seasoned crypto industry veterans, blockchain entrepreneurs and SMEs (learn more at www.occam.fi).

Elliot Hill, Head of Communications at Occam.fi, says:

“Ardana is a promising DeFi ecosystem and stablecoin solution for the Cardano ecosystem — and one of the first to market with a dollar-backed Cardano Native Token. With a world-class team of technologists and fintech entrepreneurs, a solid roadmap with milestones into 2023 and beyond, and a laser-sharp focus on Cardano, it’s a pleasure to welcome Ardana to the OccamRazer IDO platform.”

More About Occam

Today, many new kinds of DeFi products have entered the market. Everything from lending platforms to insurance, synthetic assets, crowdfunding, derivatives, and asset management agreements and beyond. The demand for on-chain liquidity is intensifying as the DeFi landscape continues to expand. The key purpose of Occam.Fi is to allow new blockchain initiatives to generate funding. It also rewards early investors by granting them access to tokens or coins. Occam.Fi has been heavily involved in growing the Cardano ecosystem with unique fundraising mechanisms and overall enhancing DeFi capabilities.

Cfund and Occam.Fi

Occam.Fi have received investment from cFund (https://cfund.vc ) an IOHK and Wave Financial investment fund committed to demonstrating the benefits of using the Cardano blockchain and technologies. The cfund invests in digital assets, crypto businesses and protocols using Cardano.

Final Words

Ardana is looking forward to the upcoming IDO with Occam.Fi. Occam will assist in growing our community in Cardano and welcomes the benefits and expertise of Occam.Fi in rolling out Ardana, the first decentralized stablecoin and stablepool DEX on Cardano.

The launch date for Ardana on Cardano mainet is Q4 of this year and more details will be announced soon.

About Ardana

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 and the decentralized exchange allows for highly capital efficient trading between stablecoins and identical assets with low risk income from fees for liquidity providers.

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Emma Dwyer

Finance & Marketing Copywriter l All Things Finance l Marketing Tips