Support For Cardano Light Wallet Yoroi Is Coming Soon
Cardano has been making headlines due to all kinds of achievements lately and also plans that involve the project.
Now, EMURGO dropped an exciting announcement on their social media account:
It’s happening. @ergoplatformorg released its first NFT marketplace dApp, Auction House. As per the anon developer, support for our #Cardano $ADA light wallet @YoroiWallet is coming soon! Will this be the FIRST dApp to have Yoroi Wallet support? 👀 pic.twitter.com/sHmkK2jc1u
— EMURGO (@emurgo_io) October 16, 2020
The announcement was received with massive enthusiasm. Someone posted the following comment:
“Looks like an $ERG NFT marketplace app is going to be the first dApp supported by the Yoroi Wallet. Very exciting times ahead. #NFT #ERGO #Emurgo #Cardano.”
Cardano is building DeFi Stablecoin on Ergo
Recently, during more AMAs, Cardano’s Charles Hoskinson hinted at the fact that there is a lot of DeFi development going on at IOHK.
One of the important reveals was a partnership through IOHK, Ergo, and Emurgo, which will launch an algorithmic stablecoin.
Hoskinson also said that this would be better than Maker DAO.
It’s important to highlight the fact that the DeFi sector is now going through a massive boom with more than $8 billion locked into various protocols on Ethereum.
Cardano has been pretty quiet regarding what the team wants to do in this particular space, but Hoskinson said that more announcements are on the way.
Hoskinson had an interesting interview
Charles Hoskinson dropped a few interesting AMA sessions, which are definitely worth checking out.
He also had an interesting interview, and he re-tweeted about it on social media:
— Tatiana Koffman 🚀 (@tatianakoffman) October 15, 2020
Stay tuned for more Cardano related news.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.