Danogo provides an intuitive interface that connects lenders and borrowers through various Danogo Staking Bonds issued.
Borrowers quickly set up their loans, with FLEXIBLE conditions : ranging from loan terms, loan volumes to loan interest rates.
Lenders can also quickly provide Liquidity by specifying the requested yield and maturity date.
YES. For bonds with durations greater than 10 epochs, borrowers may repay a minimum initial interest payment of 10 epochs, while the remaining interest can be paid later. However, the borrower must maintain a minimum interest buffer of 6 epochs. If not, the bond will incur a penalty.
Danogo Bond tokens are issued instantly upon liquidity provision by lenders, even for partial matches, eliminating the need to wait for loans to be fully filled
You can also update, cancel your borrow request anytime!
YES. Danogo Bond Smart Contract is audited by Anastasia Labs.
Audit report : Danogo Staking Bond and Danogo Bond Dex
YES, we believe all Cardano smart contracts should be open source (Bond Dex: Github Link and Danogo Staking Bond: Github Link). We believe in building a vibrant ecosystem through opensource and community will help identify bugs. We appreciate any code review, contribution & bug reports to make Danogo smart contract more secure!
Connect your wallet
Click on your profile icon to view the list of your Bond holdings
Click List next to the Bond you want to sell
- Set the interest rate (yield) you want to sell in percentage (ex: 5.33%)
- Set the amount you want to sell
Note:
If you experience it on the testnet, here is the ADA faucet link in the preview.
Danogo will automatically calculate Bond price daily, so sellers & buyers do not have to keep updating their listings' prices. Danogo will prioritize the display of Bond sales with the highest offered interest rate first, so sellers should try to offer the HIGHEST interest rate they are willing to sell their Bonds
ADA will be immediately transferred into your wallet once your Bond is sold
Update and Cancel your Bond listing anytime!
You can see available Bond listings and click on any available listing to buy. Simply enter the amount of Bond Tokens you want to buy, and we will show you the current price in ADA, so you don't have to worry about all the interest accrued calculation.
If the Bond duration you want is not currently listed, you can create a new Liquidity Offer
- Choose your desired duration range
- Enter your desired Yield rate
- Enter the amount of Bond Tokens you want to buy
- Danogo will prioritize bids with the LOWEST interest rate for sellers to see. As a bidder, you should enter the lowest rate you are willing to buy the Bond at.
- When a seller agrees to sell you the Bond at your requested Yield, the Bond will be transferred to your wallet automatically, and any leftover deposit if there is any.
We do not collect any information from user wallet, all transaction calculations are done on your computer then submit on Chain. We may collect anonymous ux data to log user error messages to help us improve Danogo’s user experience.