• Optim Finance introduces revolutionary yield products on the Cardano network.
• Cardano maintains its position behind Ethereum in recent active development rankings. 

The recent introduction of Optim Finance’s innovative yield products on Cardano is set to place the blockchain ecosystem on a fiery momentum. These bonds and vaults will outplace the popularity of Cardano’s yield farming and generating solution. Optim’s products will optimize capital allocation and power innovations ranging from ADA staking to emerging market SMEs. These products include RWA vaults, Strategy Vaults, and Structured Products. 

In a tweet by Optim Finance, the team announced dates for the launch of the mainnet on which Optim’s SPO liquidity bonds will be built. Optim Finance tweeted:

Wen Mainnet? We are pleased to announce Optim’s SPO Liquidity Bonds will launch tomorrow! Make sure to tune into our Mainnet Community Call tomorrow at 5 pm UTC!

Once the mainnet is launched, users can borrow and lead ADA delegation without involving third parties. This would enable investors to earn yield and contribute to the decentralization of the network simultaneously. Henceforth, ecosystem projects, individuals, and small stake pools will be able to lend ADA. 

In addition to this, Optim will introduce additional on-chain products like Real World Assets Vault. RWA Vaults help implement crypto liquidity to the real world via SME lending. It also covers on-chain structuring, multiple tranches, pool coverage, and diversified lending pools. Interestingly, these are not the only passive investment tools that optimize yield on digital assets. Strategy Vaults also automize the funds’ allocation process and assist users in capturing the best DeFi native yield opportunities. Strategy Vaults will provide easy deposits and withdrawals. Unfortunately, Cardano currently does not have a robust DeFi ecosystem to implement Strategy Vaults. 

Finally, the last Cardano yield product featured by Optim Finance is Structured Products. Structured Products are essential tools that help create CDOs and novel derivatives from liquidity bonds and other assets on Cardano.  

Considering the upcoming launch of yield products on the Cardano network, $ADA might experience a slight spike in price. At the time of writing, $ADA trades at $0.310140. 

Future Developments on Cardano After Launching Yield Products

The Cardano ecosystem is still undergoing developments to foster decentralized financial solutions, which have been the primary objective of the blockchain. The completion of these developments will give room for more projects like Optim, thereby increasing the fundamental value of the Cardano network.  

Regardless of the stinging bearish market, development activities on decentralized open-source networks like Ethereum and Cardano have continued. Contrary to the current market situations, $ADA and $ETH have increased in value. According to a research report by Coin98 Analytics in October, Cardano ranks second after Ethereum in terms of development activity. Cardano is closely followed by Polkadot, Cosmos, and Solana.