What is Ajna Protocol?

Ajna Protocol

#2014
$AJNA

The Ajna protocol facilitates peer-to-pool secured loans without governance and without external price feeds. Current lending and borrowing protocols which utilize smart contracts require active governance (e.g. to set rates ... Read more

The Ajna protocol facilitates peer-to-pool secured loans without governance and without external price feeds. Current lending and borrowing protocols which utilize smart contracts require active governance (e.g. to set rates and to update contracts) and/or rely on external price feeds (such as oracles like Chainlink). Because the pricing of collateral and parameterization of loans are left to subjective decision making through governance rather than market forces, these protocols carry both solvency and liquidity risk. Governance and maintenance overhead create barriers to entry in the market for lending and borrowing of on-chain assets. Ajna solves these problems with its unique design, which is defined by the following features: Permissionless pool creation: Much like the popular DeFi primitive, the “automated market maker,” AMM, Ajna pools exist in unique pairs: quote token, provided by lenders and collateral token, provided by borrowers. Pools allow lenders to assess borrower demand for their quote token and for borrowers to assess lender demand for loans backed by their collateral. Pools are created permissionlessly, meaning anyone can create a pool to borrow arbitrary fungible tokens using arbitrary fungible or non-fungible tokens as collateral. Therefore, no governance process is needed to whitelist approved tokens. Price specified lending: Ajna replaces external price feeds (oracles) by allowing lenders to input the price at which they’re willing to lend. This price is the amount of quote token (i.e. the token they are lending) they are willing to lend per unit of collateral pledged by the borrower. For example, if a lender deposits at price 100, they are willing to lend 100 units of quote token per one unit of collateral. Ajna pools separate prices into predefined buckets to reduce the complexity of the protocol, prices are therefore hereon referred to as “buckets”. Borrowers are then able to borrow from the aggregated liquidity of these various buckets.

24H Price

$0.014347

0.24%

Explore Ajna Protocol

Sectors:
1 New Partnerships (Last 90d)
Partner: @AscendEX_ - Start your crypto ascent here, with simple solutions that let you Invest, Earn, and Trade 300's of c[...]
Announcement Date: 2024-07-07
Followers: 216,638

RT @AscendEX_: 🔥AscendEX is thrilled to announce The @ajnafi ( $AJNA) listing under the trading pair AJNA/USDT. Details are as follows: ✅…
Go To Tweet →
216.64K Followers

Community Score

Share on:
B 85
Follower
7.73K (#2502)
2.5% 7D
Activity
1/100
1% 7D
Sentiment
Neutral
Follower
383 (#2550)
0.26% 7D
Activity
1/100
1% 7D
Sentiment
Neutral

📉 Decelerating Growth

The community's growth is decelerating compared to previous period.

🎁 Giveaway-Driven Growth

Follower boost attributed to giveaway noted ( 02/24 ).

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Overview

Market Cap

$1.94T

0.24%
Large Cap

Price

$1.94T

0.24%
Stable

Volume

$1.94T

0.24%
Highest

Community

$1.94T

0.24%
Rapid Growth

Marketing Activity

5/10

0.24%
High

Developer Activity

3/10

0.24%
Low
Development 24h 7d 14d 30d
Price 0.24% 16.18% 20.85% 29.69%
Follower 0% 2.5% 17.79% 17.06%

Coin Info

FDY
$2.09T
Total Supply
$21.00M
Max Supply
$21.00M
Circulating Supply
$19.79M

All-Time High
All-Time Low

$0.014347

0.24%

$0.014347

0.24%
Dec 05 2024
Dec 05 2024

Community Score

Share on:
B 85
Follower
7.73K (#2502)
2.5% 7D
Activity
1/100
1% 7D
Sentiment
Neutral
Follower
383 (#2550)
0.26% 7D
Activity
1/100
1% 7D
Sentiment
Neutral

📉 Decelerating Growth

The community's growth is decelerating compared to previous period.

🎁 Giveaway-Driven Growth

Follower boost attributed to giveaway noted ( 02/24 ).

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Channels

Twitter @ajnafi
#2558
Follower
7,346
0.03%
Coingecko @Ajna Protocol (AJNA)
#2550
Follower
383
0.03%

Daily Social Panel

@ajnafi

2024-07-26 15:33
Tough question https://t.co/nIL45p21qe... Tough question https://t.co/nIL45p21qe

3
Score 67

@ajnafi

2024-07-26 15:35
@gromezy Congrats, you’re a millionaire now... @gromezy Congrats, you’re a millionaire now

Score 0

Latest Partnerships

Last 90 days

@AscendEX_

216.64K Followers

Announcement

2024-07-07

Key Events

12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact
12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact
12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact

Never miss any event.

Ajna Protocol

#2014
$AJNA

The Ajna protocol facilitates peer-to-pool secured loans without governance and without external price feeds. Current lending and borrowing protocols which utilize smart contracts require active governance (e.g. to set rates ... Read more

The Ajna protocol facilitates peer-to-pool secured loans without governance and without external price feeds. Current lending and borrowing protocols which utilize smart contracts require active governance (e.g. to set rates and to update contracts) and/or rely on external price feeds (such as oracles like Chainlink). Because the pricing of collateral and parameterization of loans are left to subjective decision making through governance rather than market forces, these protocols carry both solvency and liquidity risk. Governance and maintenance overhead create barriers to entry in the market for lending and borrowing of on-chain assets. Ajna solves these problems with its unique design, which is defined by the following features: Permissionless pool creation: Much like the popular DeFi primitive, the “automated market maker,” AMM, Ajna pools exist in unique pairs: quote token, provided by lenders and collateral token, provided by borrowers. Pools allow lenders to assess borrower demand for their quote token and for borrowers to assess lender demand for loans backed by their collateral. Pools are created permissionlessly, meaning anyone can create a pool to borrow arbitrary fungible tokens using arbitrary fungible or non-fungible tokens as collateral. Therefore, no governance process is needed to whitelist approved tokens. Price specified lending: Ajna replaces external price feeds (oracles) by allowing lenders to input the price at which they’re willing to lend. This price is the amount of quote token (i.e. the token they are lending) they are willing to lend per unit of collateral pledged by the borrower. For example, if a lender deposits at price 100, they are willing to lend 100 units of quote token per one unit of collateral. Ajna pools separate prices into predefined buckets to reduce the complexity of the protocol, prices are therefore hereon referred to as “buckets”. Borrowers are then able to borrow from the aggregated liquidity of these various buckets.

24H Price

$0.014347

0.24%

Explore Ajna Protocol

Sectors:
1 New Partnerships (Last 90d)
Partner: @AscendEX_ - Start your crypto ascent here, with simple solutions that let you Invest, Earn, and Trade 300's of c[...]
Announcement Date: 2024-07-07
Followers: 216,638

RT @AscendEX_: 🔥AscendEX is thrilled to announce The @ajnafi ( $AJNA) listing under the trading pair AJNA/USDT. Details are as follows: ✅…
Go To Tweet →
216.64K Followers

Community Score

Share on:
B 85
Follower
7.73K (#2502)
2.5% 7D
Activity
1/100
1% 7D
Sentiment
Neutral
Follower
383 (#2550)
0.26% 7D
Activity
1/100
1% 7D
Sentiment
Neutral

📉 Decelerating Growth

The community's growth is decelerating compared to previous period.

🎁 Giveaway-Driven Growth

Follower boost attributed to giveaway noted ( 02/24 ).

Be the first to know about suspicious activities around your watchlist's coins.

🔔 Get Anomaly Alerts

Coin Info

FDY
$2.09T
Total Supply
$21.00M
Max Supply
$21.00M
Circulating Supply
$19.79M

All-Time High
All-Time Low

$0.014347

0.24%

$0.014347

0.24%
Dec 05 2024
Dec 05 2024

Overview

Market Cap

$1.94T

0.24%
Large Cap

Price

$1.94T

0.24%
Stable

Volume

$1.94T

0.24%
Highest

Community

$1.94T

0.24%
Rapid Growth

Marketing Activity

5/10

0.24%
High

Developer Activity

3/10

0.24%
Low
Development 24h 7d 14d 30d
Price 0.24% 16.18% 20.85% 29.69%
Follower 0% 2.5% 17.79% 17.06%

Key Events

12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact
12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact
12 Nov, 2024 - 12:30PM

Avalanche x Supabase

Figma ipsum component variant main layer. Mask vertical connection.... show more


Price Projection

Avg.
5%
80% of similar events led to a price increase
High Impact

Never miss any event.

Frequently Asked Questions

Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown. On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. They proposed to use a decentralized ledger of transactions packaged in batches (called “blocks”) and secured by cryptographic algorithms — the whole system would later be dubbed “blockchain.” Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. Bitcoin price was $0 when first introduced, and most Bitcoins were obtained via mining, which only required moderately powerful devices (e.g. PCs) and mining software. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. At Bitcoin price today in mid-September 2021, those pizzas would be worth an astonishing $478 million. This event is now known as “Bitcoin Pizza Day.” In July 2010, Bitcoin first started trading, with the Bitcoin price ranging from $0.0008 to $0.08 at that time. However, while Nakamoto was the original inventor of Bitcoin, as well as the author of its very first implementation, he handed the network alert key and control of the code repository to Gavin Andresen, who later became lead developer at the Bitcoin Foundation. Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features. Bitcoin’s source code repository on GitHub lists more than 750 contributors, with some of the key ones being Wladimir J. van der Laan, Marco Falke, Pieter Wuille, Gavin Andresen, Jonas Schnelli and others.

1) Coindive is your ultimate guide to navigating the vast and enigmatic ocean of cryptocurrencies. Like the ever-changing seas, the crypto market is often turbulent, unpredictable, and brimming with uncharted territories. It can be stormy, tranquil, crystal-clear, or shrouded in murkiness, but beneath the surface lies a captivating world of hidden gems and treasures.

2) At Coindive, we believe that the deeper you delve into the crypto realm, the more you'll uncover its inherent beauty, serenity, and potential. Our dedicated community and advanced market tracking tools will help you chart a course through the wild waves and currents of the digital currency landscape, ensuring that you remain informed and equipped to make the best decisions possible.

Coindive tracks over 8,163 channels daily across Discord, Telegram, Twitter, Reddit, CoinMarketCap and Coingecko to collect data like follower counts, every text based data and every form of reactions to evaluate the attributes of the community by our unique metrics. Find out more about each metric in the section “Metrics” below.

Coindive offers a dashboard with top-performing coin metrics and recent trends, as well as a rankings page to explore the top 3000 cryptocurrencies based on various metrics. Its keyword explorer helps users identify coins related to specific trends, events, or discussions, while the coin pages offer in-depth analysis of individual cryptocurrencies' community and market data. Users can create a watchlist to monitor their favorite coins closely and receive customized alerts tailored to their investment interests. Coindive's personalized Watchlist Summary Report is AI-based and tailored to each user's knowledge level. Coindive alerts users whenever something unusual happens within the community or market, allowing for proactive portfolio management.

Coindive's target audience includes crypto investors of all types who want to stay informed about their investments, save time while keeping track of their portfolio, and consider community strengths as decision-making characteristics of their investments. The platform is designed for users who wish to quickly assess the performance of various cryptocurrencies, monitor significant events, and evaluate the overall health of communities behind different coins. Coindive caters to both long-term and short-term investors, offering valuable insights for effective decision-makin

Coindive offers a comprehensive free package with access to all of its features with just some limitations compared to the higher tier packages. A Premium Plan is available for users who want to access more alerts and additional benefits like ad-free experience and faster data refresh rates.

Latest Partnerships

Last 90 days

@AscendEX_

216.64K Followers

Announcement

2024-07-07

Daily Social Panel

@ajnafi

2024-07-26 15:33
Tough question https://t.co/nIL45p21qe... Tough question https://t.co/nIL45p21qe

3
Score 67

@ajnafi

2024-07-26 15:35
@gromezy Congrats, you’re a millionaire now... @gromezy Congrats, you’re a millionaire now

Score 0

Channels

Twitter @ajnafi
#2558
Follower
7,346
0.03%
Coingecko @Ajna Protocol (AJNA)
#2550
Follower
383
0.03%