Easily Create DeFi Applications on the Cardano Network With Milkomeda Feature

Blockchain

Cardano users will soon be able to use Ethereum Virtual Machine contracts with any ADA wallet, thanks to an upcoming feature on Milkomeda. This will expand the network’s usability for developers and users, allowing them to build Dapps and DeFi applications on Cardano’s network without the need for new toolkits or languages using Solidity on the network. Milkomeda will also enable staking rewards, paid every five days, with rewards for all EVM users, including smart contract developers. This step will increase the utility of Cardano tokens for holders and make it easy for developers to create applications that can be used across multiple networks.