We're in an era where technology is evolving faster and it is a great advantage for investment as well because it is now backed by high-end technologies. DeFi is one of the places where we can see how it is made better and this is just the beginning. The traditional investment is still the same even after a decade but here with decentralised finance things are going to be much more advanced and better for the investors as it offers a lot that cannot be done by the traditional investment instruments. When we talk about investment then the first goal is to obtain better returns but now things have changed because people expect not to lose control of their funds while getting a better opportunity in terms of returns. traditional investment options are losing their charm because they have not upgraded and this is the reason why its time for some change where DeFi has built the kind of ecosystem where we get everything better.
Projects like Maya Protocol are making a bigger difference in the entire ecosystem of decentralised finance. While they have followed a great approach to build better solutions in this space but they have gone to the next level by offering something which is still not part of the decentralised finance segment. Innovation is something that makes things better everywhere and I can see that this project is doing great in this area where they are using high-end technologies to make things much better for the community as well as bring something which is still not common in this segment. while the team is focused on building a sustainable environment for their users but they are also trying to collaborate with different blockchains to offer a variety of options to investors. Recently they have partnered with two leading blockchains including Cardano and Dash. Both are popular names in the cryptocurrency market and I believe this addition is great for the Maya community as they are going to get benefited from this partnership.
Cardano is a leading blockchain and they have got their token which is called ADA. This token has performed very well in the last full run and even it is one of the projects that has been running for a long time. Sustainability is very important in the crypto market and this project has proven that it is sustainable since I have been seeing its for over 5 years which proves that the project is not just sustainable but also growing in terms of multiple aspects. If you talk about the number of users on the chain along with the investors and overall token economy then I can say that Cardano is a good name because they have achieved it all. Adding this project with Maya Protocol is a great addition I believe because now their community is going to get benefited file Maya Protocol has been offering multiple pools and great earning opportunities. I believe that Cardano is the project that will do even better in the long term and this chain is also stable.
Cardano has got a massive ecosystem and community, but is mostly isolated from other blockchains. Specifically, there is currently no permissionless, non-custodial way to trade $ADA into other tokens or cryptos.
The Maya team shared this update on their social media channel on August 2nd so its been almost a week since this addition to the network and I believe this is going to benefit not just the Cardano network but also the Maya protocol users altogether. Being a part of Crypto space I can say that whenever any partnership happens with a project which has proven in the past and it is sustainable then it brings growth opportunities for everyone and I believe the same is going to happen with Maya protocol users. Maya project has been doing things in a great way already but now with these partnerships and collaborations, they are opening multiple doors of opportunities in the DeFi segment. I can't predict how things will be but I'm quite hopeful that it is going to be better and surely a valuable addition to the overall decentralised finance ecosystem needless to say that people who go with Maya Protocol will be benefited significantly.
DASH is another leading project that does not require an introduction. Like I said about Cardano that it is one of the projects that I can see in this market for a long time and similarly, dash is another project which has been running in the crypto market for a long. it seems that the Maya team is smart enough and they do partner with the projects that have proven its value and existence in the Crypto ecosystem. I believe that it is important to shortlist the projects that can be a good value addition to the Maya protocol and the team has been doing great I would say because they have done the partnership with both leading giants in their segment.
Dash is doing well in payments and they have got a bigger network of users and merchants worldwide who use Dash. It has got over 159k merchants worldwide and its transactions settlement speed is amazing which is just 1 second. it's like the transaction is settled instantly in real-time and this is what makes a bigger difference because if somebody using the chain for the transaction then the person does need not to wait any longer for the transaction to get confirmed and processed. The kind of technological solutions Dash has been offering is good to empower the payment system and I will not be surprised if someday we get more options to use for payments and Dash is included in the list since it is capable of processing the transactions way faster.
When any project has got the potential to get more attention then it is obvious that the token is going to get more value appreciation because more people will adopt it. I feel the same for Dash and even though when we are going through the bearish market sentiment then also the project is stable and able to run so I expect in the next bull cycle things are going to the next level. it is not easy to predict what the value of the token going to be in the next cycle but all I can say is that the growth will be better. Now with the partnership, this growth is going to get expanded to the people who are part of Maya Protocol and they have chosen the pool for the dash.
I am impressed by the way Maya Protocol has been trying to build things and even they trying to build solutions that are for the long term. they are trying to build a bigger ecosystem where people get a bunch of options to choose from when it comes to investing and with these additions they will be able to offer better investing opportunities to their community. the initial work is important and for sure they have gone through thorough research before finalising the names they are going to integrate with both the projects are doing great so these benefits will be extended to the Maya community. I hope things are going to be even more valuable in the coming years and it will also attract more attention from the investors which will bring more value.
I have been keeping a close tab on the Maya project and its impressive to see how they are building up the projects. They are not just limited to offering DeFi instead there is a lot more. They have other things including NFT and validators so even if you are not an investor then also you have the options to choose different stuff and get rewarded for your contribution to the platform. all this is done to build value and the team is also trying to educate people so they have an initiative called Maya Academy through which they try to share knowledge and education with people which I believe is going to make a difference for sure. I'll be talking about some other part of the project in my next post and I hope that this information has helped you understand more about the Maya project. its a great project indeed however please do not consider this as investment advice but if you like it then I highly recommend you do your research and invest only if you want it.
Official site: https://www.mayaprotocol.com/
Thank you
