Linda: Cardano PRIME need do pass just new DeFi products

AlphaGrowth’s Cardano PRIME program dey target net increase of 200 million dollars for Cardano DeFi TVL over 12 months. The program don secure approval for 120 million ADA wey go commot from treasury allocation, and assessment of 25 DeFi categories produce 17 areas wey fit see development.

For her latest video, Linda check which priorities fit carry external liquidity enter Cardano and where new funding fit just duplicate products wey already dey.

Her assessment focus on one persistent ecosystem wahala: Cardano no short of ideas, but e still dey struggle for user acquisition, accessibility and sustained economic activity.

EVM Capital dey center of Cardano PRIME

PRIME dey start with ecosystem assessment, followed by prioritized roadmap and then deployment of grants, incentives, partnerships and capital.

One of the first requirements na wallet wey fit serve both Cardano and EVM users. AlphaGrowth dey specifically find product wey people don already adopt, no be another wallet wey no get established user base.

Linda present the integration of Cardano into one major EVM wallet, possibly one wey operate reach the scale of MetaMask, as the stronger route. To expand Cardano wallet like Eternl enter EVM networks fit be another option, but e no go directly address the goal to bring existing EVM users enter Cardano.

AlphaGrowth dey also find general purpose bridge between Cardano and networks like Ethereum, Base and Arbitrum. Linda mention FluidTokens as one Cardano project wey don already dey work on related solutions, although dem never confirm im participation for PRIME.

Linda talk say approximately 90 percent of ADA dey held for Japan and argue say many of those holders no likely go become DeFi users. The video no show source for the current geographical distribution, but she use the figure to explain why PRIME no fit depend entirely on existing ADA holders.

Cardano don previously offer attractive yields without converting large share of im holders into active DeFi participants. AlphaGrowth therefore dey target capital wey people don already dey use across other blockchain ecosystems.

The program also propose campaigns wey go reward users for specific onchain actions like trading, lending, borrowing and providing liquidity. Linda warn say incentives fit attract temporary capital wey go comot as soon as rewards end. The surrounding products and infrastructure must give those users reason to stay.

Cardano DeFi standards dey target capital efficiency

Several PRIME categories dey focus on shared infrastructure rather than standalone applications.

AlphaGrowth want common interface for executors and scoopers, the offchain actors wey Cardano protocols dey use to collect and settle transactions. Individual applications currently dey run their own versions of this infrastructure, and e dey create duplicated work and make integrations harder.

The program dey also find eUTXO native vault standard wey wallets, aggregators and DeFi protocols fit support more easily. Additional priorities include curated lending, concentrated liquidity and automated liquidity management.

Curated markets go allow specialists to configure collateral, interest rates and risk parameters. Concentrated liquidity and automated range management fit make existing capital more productive. Linda connect this area with the DeFi Kernel vision and Dano Finance, add say Leios capacity and Peras finality fit strengthen the technical environment around these products.

Another requirement na second independent oracle price feed. Cardano already get native oracle providers, and some protocols dey run their own systems. Linda reference the ongoing work around Pyth integration and talk say e don receive mixed reactions from Cardano developers.

PRIME also include collateralized debt positions wey support yield bearing collateral. Users fit borrow against asset while dem still dey earn return from the underlying position. Indigo already dey provide CDP infrastructure for Cardano, and na why Linda suggest say AlphaGrowth fit work with the existing protocol instead of to finance parallel product.

Yield bearing stablecoins still dey the list. Linda remember periods when Liqwid offer approximately 25 percent annual returns on stablecoin positions, wey she describe as relatively low risk. Such strategies still carry smart contract, liquidity and stablecoin depeg risks.

Those returns no produce substantial inflow of stablecoin capital. Linda therefore question whether higher yields alone fit solve Cardano liquidity problem. AlphaGrowth never explain how new yield bearing stablecoin go attract users wey ignore similar opportunities before.

Tokenized government bonds, onchain credit and insurance receive more positive assessment. Linda describe these categories as natural fit for Cardano security and decentralization model. Insurance fit also provide part of the risk infrastructure wey institutional participants and larger capital providers dey expect.

New products must justify to split Cardano liquidity

AlphaGrowth want support second perpetuals venue and options market. Linda question the need for another perpetuals platform because Cardano already get Strike, while Atlas and Pandora dey prepare additional products. Ascend still dey develop access wey connect with Cardano and Midnight infrastructure.

As liquidity already limited, another competing venue fit divide the market further. AlphaGrowth never explain which functions existing platforms no fit provide or why additional venue go strengthen the wider ecosystem.

The request for new NFT marketplace raise similar concerns. Linda reference the closure of JPEG Store and question whether another marketplace fit offer pass WayUp, wey continue to operate with limited resources. Broader tokenized asset strategy fit give the category different purpose, but dem never detail that direction.

PRIME still dey find professional token launch and distribution infrastructure. Cardano already get tools like NMKR and Snek.fun, while Anvil and Pillar dey provide customized launch services. Pillar, the development division of BankFi, talk say e don support hundreds of token and NFT launches.

Linda suggest say this category fit target external projects wey need complete launch and distribution service rather than another basic token creation tool.

The final category cover infrastructure for AI agents, including indexing, taxonomy and connections between applications. Autonomous agents wey dey interact with DeFi go require standardized access to blockchain data, lending markets, trading systems and payment applications. Linda identify Masumi as potential contributor for this area.

AlphaGrowth’s Eric talk say PRIME intend to help existing teams reach institutional standards. According to im explanation, many projects don already dey progress, but dem need clearer specifications, business development support and defined path toward market demand.

Linda still highlight Cardano reputation outside im community. People still dey frequently describe the network as slow, hard to build on and lacking applications. She consider parts of that criticism outdated or unfair, but she acknowledge say the perception dey make user acquisition more difficult.

To match the products wey dey available on Ethereum, Solana or Base fit therefore no be enough. Users wey already get liquidity, integrations and applications on those networks need specific advantage wey justify to move go another place.

PRIME second phase now must convert the 17 categories into prioritized roadmap with selected teams, budgets and measurable objectives. Dem fit then assess the results through external capital wey e attract, activity wey e generate and liquidity wey remain after incentives end.

Otherwise, Cardano fit receive stronger DeFi products wey still dey serve the same limited group of users. To reach the 200 million dollar target, PRIME must turn improved infrastructure into credible reason for new capital to enter Cardano and remain there.