Ardana is a DeFi (decentralized finance) hub built on the Cardano blockchain. The hub's mission is to provide Cardano users with tested and tried decentralized finance (DeFi) primitives that aim to catalyze and help sustain the financial ecosystem of the Ardana hub. According to the whitepaper of the asset, in order to achieve this mission, Ardana has developed two particular products for the ecosystem. They are the following:

The Ardana token is the governance and native utility token of the Ardana ecosystem. The token aims to provide stakers on the hub with access to a share of the fees from Ardana. Further, the token seeks to provide token holders with voting power to add changes to the project's parameters. In order to exercise this utility and governance of DANA, token holders have to time-lock their DANA in the Ardana Reward Enhancement Module (AREM), where, in exchange, they will receive exDANA. The term exDANA represents the secondary token of the Ardana ecosystem. AREM is responsible for rewarding token holders with a portion of the platform fees of Danaswap and Stablecoins. Thus, reflecting the vital role DANA plays in the ecosystem of Ardana.

Ardana hub was founded by Ryan Matovu in the 1st quarter of 2021. The hub is headed by Isaac Shapira, chief technology officer (CTO), and Derek Evans, chief operating officer (COO). The token of the Ardana ecosystem has a maximum total supply of 125,000,000 DANA coins.

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