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Wrapped ADA (WADA) is a coin that represents Cardano’s native cryptocurrency, ADA, on other blockchain platforms. ADA holders can access decentralized finance (DeFi) applications and services outside the Cardano ecosystem. By wrapping ADA, users can use the liquidity, trading, and investment opportunities available on different blockchain networks.
Cardano is a blockchain platform that aims to bring about positive global change by providing tools and technologies for developers, individuals, and enterprises. It is built on peer-reviewed research and evidence-based methods, offering unparalleled security and sustainability. Cardano’s mission is to redistribute power from unaccountable structures to individuals and be an enabling force for progress and positive transformation.
With its proof-of-stake protocol called Ouroboros, Cardano ensures environmental sustainability while maintaining security. Ouroboros is the first peer-reviewed and verifiably secure blockchain protocol. It enables decentralized operation and scalable growth without compromising the network’s security. Cardano strives to create a more secure, transparent, and sustainable foundation for global systems, transactions, and governance.
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