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- The Mary hard fork was successfully added on the Cardano mainnet yesterday.
- New tokens were generated, including LQ Token.
- The rise of the new multi arena of assets due to Mary’s launch on Cardano’s main net platform.
The successful activation of Mary upgrade
The network to create Cardano-based tokens by the developers seems to be in the existing phase. The Cardano “Mary” protocol was updated on the mainnet last night. This made the new network for the developers to issue their tokens. The hundreds of assets will be seen in the market, resulting in many options available to the users. ADA owners also introduced Daedalus Flight Wallet, having multi-asset features. Charles Hoskinson commented on Mary’s launch as the upcoming month of new assets and opportunities on Cardano Network.
Cardano will have full decentralization in March over the “Africa Special,” which has recently been recorded. It will have power delegations by having all blocks generated by non-federal stake pool operators. Hoskinson stated the best overview mark, as new things like – Stablecoins, Defi, and security tokens will be available. This month will show d=0 event as at that time; stake pool operators will make the blocks 100%.
After the launch of Mary, the creation of new tokens are reported
At the time of writing the article, around 270 tokens have already been minted on the Cardano mainnet. The tokens are minted in the same block as – ATADA, CENT, FIRST, FirstCoin, LQ, TSLA, gimble, and bitcoin. The most famous of all seemed to be – LQ token of the Liquid Finance Project. According to the CNF reports, Liquid Finance is one of the winners and will be best projected on the Cardano Blockchain. The project aims to enable its users to earn LQ by providing liquidity. This will also allow users to liquidate with ADA without losing their staking rewards. Yesterday, the project generated around 21 million LQ Tokens. Thus, it’s a new platform that will enhance clients’ use of all the facilities.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
