Last updated 2 months ago
Cardano stablecoins (USDA, USDM) and RWA tokens face shallow, fragmented liquidity—causing slippage, impermanent loss, and unstable yields—limiting adoption and trusted market access.
NODO brings AI-powered vaults to Cardano, delivering deep USDA, USDM, and RWA liquidity with minimized impermanent loss, higher yields, and scalable adoption across the ecosystem.
This is the total amount allocated to NODO: Cardano’s AI Liquidity Layer for USDA, USDM & RWAs.
NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here
Please provide your proposal title
NODO: Cardano’s AI Liquidity Layer for USDA, USDM & RWAs
Enter the amount of funding you are requesting in ADA
100000
Please specify how many months you expect your project to last
12
What is the problem you want to solve?
Cardano stablecoins (USDA, USDM) and RWA tokens face shallow, fragmented liquidity—causing slippage, impermanent loss, and unstable yields—limiting adoption and trusted market access.
Supporting links
Does your project have any dependencies on other organizations, technical or otherwise?
Yes
Describe any dependencies or write 'No dependencies'
Yes – USDA/USDM issuers and Cardano-native DEXes for integration. Partnerships with USDA/USDM issuers and Cardano DEX partners (e.g., Minswap, WingRiders) will be required for liquidity deployment.
Will your project's outputs be fully open source?
Yes
License and Additional Information
The project will be fully open-sourced under the MIT License, with all code, documentation, and assets available on GitHub.
Please choose the most relevant theme and tag related to the outcomes of your proposal.
DeFi
Describe what makes your idea innovative compared to what has been previously funded (whether by you or others).
NODO introduces autonomous AI agents for liquidity management on Cardano—something not yet funded in the ecosystem. Unlike traditional static AMMs or manual liquidity provision, our system dynamically rebalances vaults in real time, minimizes impermanent loss, and optimizes yield. This brings institutional-grade infrastructure to stablecoins and RWAs, ensuring sustainable liquidity depth without relying on continuous subsidies.
Describe what your prototype or MVP will demonstrate, and where it can be accessed.
Our MVP will deploy USDA/USDM vaults on Cardano testnet, with live AI agents managing liquidity across DEXes. It will demonstrate >90% in-range liquidity, reduced impermanent loss, and transparent yield dashboards. The testnet contracts and real-time metrics will be fully open-sourced and accessible via on-chain addresses, GitHub repositories, and public dashboards, allowing developers, LPs, and community members to validate performance and adoption.
Describe realistic measures of success, ideally with on-chain metrics.
Success will be measured by: (1) >90% in-range liquidity across vaults, (2) ₳500K+ TVL achieved within 90 days of mainnet launch, (3) 250+ testnet LPs migrated to mainnet, (4) 1+ RWA issuer integrated with >$100K pilot liquidity, and (5) 500+ active LPs across USDA, USDM, and RWA vaults. All metrics will be tracked via on-chain contracts and public dashboards, ensuring transparency and verifiable outcomes for the Cardano community.
Please describe your proposed solution and how it addresses the problem
NODO will provide AI-managed liquidity vaults that continuously optimize USDA, USDM, and RWA token liquidity on Cardano. By deploying autonomous agents, capital is kept in-range (>98% historically), impermanent loss is minimized, and yields are optimized based on real-time volatility and fee-to-risk ratios. This solution ensures Cardano’s stablecoins and RWAs become liquid, scalable, and attractive for both retail and institutional users.
Please define the positive impact your project will have on the wider Cardano community
The positive impact on the Cardano community will include:
Deep and stable liquidity for USDA and USDM, making Cardano a hub for regulated stablecoins.
Scalable RWA adoption (tokenized T-Bills, bonds, and real estate) through AI-driven liquidity provisioning.
Improved user experience with lower slippage, reduced impermanent loss, and higher yield reliability.
Institutional-grade infrastructure, attracting funds, asset managers, and professional traders to Cardano.
Ecosystem growth and TVL expansion, positioning Cardano competitively against Ethereum and other L1 ecosystems.
What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?
NODO has:
A live platform with 400,000+ users and proven AI liquidity vaults on Sui.
Experience running >3,500 daily agentic transactions with >98% in-range liquidity.
Partnerships with 100+ DeFi projects and incubation under the Sui Foundation.
A fully open-source development model and transparent reporting dashboards.
Validation: Feasibility will be proven via deployment of USDA/USDM vaults on Cardano testnet within 3 months, followed by progressive RWA integrations. Metrics tracked will include in-range liquidity %, yield performance, impermanent loss reduction, and TVL growth.
Milestone Title
Testnet Deployment of USDA/USDM Vaults
Milestone Outputs
• Deploy USDA/USDM liquidity vaults on Cardano testnet
• Launch operational AI agents for liquidity management
• Smart contracts developed and prepared for audit
• Initial onboarding of 100 early liquidity providers
• Lean testnet incentive campaign to validate stability and user flows
Acceptance Criteria
• USDA/USDM vault contracts audited and active on Cardano testnet
• AI agents functioning with liquidity rebalancing
• Integration with 1–2 Cardano DEXes (e.g., Minswap, WingRiders)
• At least 100 testnet LPs onboarded
Evidence of Completion
• On-chain contract addresses for USDA/USDM vaults
• Public dashboards showing agent operations and liquidity depth
• Reports of LP participation and incentive campaign results
Delivery Month
3
Cost
25000
Progress
20 %
Milestone Title
RWA Vault Testnet Deployment
Milestone Outputs
• Develop and deploy AI-managed vaults for tokenized RWA assets (e.g., T-Bills or bonds)
• Conduct smart contract audits for RWA vaults
• Launch live liquidity management on Cardano testnet
• Create transparency dashboards to track RWA yield performance
Acceptance Criteria
• Successful integration with at least 1 RWA issuer
• RWA vaults actively managing liquidity on Cardano testnet
• Deployment of >$100K pilot liquidity provided by issuer/partner
• Transparency dashboards live with accessible RWA yield data
Evidence of Completion
• On-chain RWA vault contract addresses
• Public liquidity depth and performance reports from dashboards
• Documented integration with RWA issuer and confirmation of pilot liquidity
Delivery Month
4
Cost
30000
Progress
50 %
Milestone Title
Mainnet Launch of USDA/USDM Vaults & RWA Pilot
Milestone Outputs
• Deploy USDA/USDM vaults on Cardano mainnet across 1–2 DEXes
• Launch RWA vault pilot with live liquidity management
• Conduct mainnet audits and readiness checks
• Run migration campaign to onboard testnet LPs to mainnet
• Execute liquidity incentive programs to grow TVL
Acceptance Criteria
• USDA/USDM vaults active on mainnet with >90% in-range liquidity
• RWA vault pilot launched and live on mainnet
• Achieve >₳500K in TVL within 90 days
• Successfully migrate 250+ testnet LPs to mainnet
Evidence of Completion
• On-chain transaction data and contract addresses for USDA/USDM & RWA vaults
• Public dashboards displaying liquidity depth, yield metrics, and TVL growth
• Migration reports confirming LP participation
Delivery Month
3
Cost
25000
Progress
70 %
Milestone Title
AI Strategy Marketplace & DAO Governance Launch
Milestone Outputs
• Develop and launch AI strategy marketplace for liquidity strategies
• Deploy DAO governance module for vault upgrades and community voting
• Provide initial grants to onboard strategy developers
• Run adoption campaigns to attract early users and contributors
Acceptance Criteria
• Strategy marketplace live and accessible on Cardano
• At least 5 strategy creators onboarded and contributing strategies
• Minimum 200 users engaged with the marketplace
• Governance voting successfully enabled for vault upgrades
Evidence of Completion
• Live smart contract addresses for marketplace and DAO module
• Usage metrics showing adoption by creators and users
• On-chain records of governance voting activity
• Reports on grants distributed and developer participation
Delivery Month
2
Cost
20000
Progress
100 %
Please provide a cost breakdown of the proposed work and resources
Budget & Costs
Smart Contract Development & Audits: ₳40,000
AI Agent Infrastructure & Dashboard: ₳25,000
RWA Vault Integration (Pilot with 1 issuer): ₳20,000
Community Incentives & Partnerships: ₳15,000
How does the cost of the project represent value for the Cardano ecosystem?
This proposal represents exceptional value for the Cardano ecosystem, as a lean ₳100,000 investment will unlock critical infrastructure for stablecoins and RWAs with measurable outcomes:
Launch USDA & USDM vaults on testnet and mainnet within 6 months.
Target ₳500K+ TVL in USDA/USDM vaults with >90% in-range liquidity.
Enables Cardano-native stablecoins to serve payments, lending, and DeFi without slippage and shallow liquidity pools.
Deploy first RWA vault with at least 1 issuer (T-Bills or bonds) and >₳100K pilot liquidity.
Establish Cardano as one of the first chains to support regulated RWA tokens with sustainable liquidity.
Onboard 250+ liquidity providers migrating from testnet to mainnet vaults.
Build an initial community of 500+ active LPs combining retail and institutional users.
Deliver an AI Strategy Marketplace with 5 verified strategy creators and 200 users, enabling developers to monetize strategies and LPs to access diverse vaults.
Establish DAO governance for long-term decentralization of vault upgrades and liquidity policies.
Each ₳1 invested in this project translates to ₳5–₳10 in new TVL attracted (₳500K+ projected in vaults within 12 months).
By retaining capital within Cardano, the protocol prevents liquidity leakage to competing ecosystems (Ethereum, Solana, Sui).
Unlike incentive-heavy liquidity programs, NODO’s AI-driven vaults create ongoing yield optimization and in-range stability, reducing reliance on continuous external subsidies.
Once deployed, vaults are autonomous and self-sustaining, ensuring long-term impact beyond this initial funding round.
In short, every ADA invested in this proposal translates into verifiable on-chain liquidity depth, higher TVL retention, real yield opportunities, and a competitive moat for Cardano in stablecoins and RWAs
Terms and Conditions:
Yes
Sowmya Raghavan - Co-Founder
Linkedin https://www.linkedin.com/in/sowmya-raghavan
With 5 years of experience in product management, technical execution, and delivery, Sowmya has a proven track record of driving successful end-to-end product planning and execution.
Vincent Li - Co-Founder
Linkedin https://www.linkedin.com/in/vincent1110/
Vincent is a product leader, seasoned entrepreneur, venture builder and investor. He has more than a decade's experience of tech product management, successfully founded products including VIBRA, Cassava Network, and IPO’d one of China’s first news aggregators in NASDAQ. Vincent also serves as the managing partner of major WEB3 VC, Adaverse. With Adaverse, Vincent invested and accelerated dozens of tech startups with expertise in running incubator, accelerator and venture capital.
An Luu - Chief Technology Officer
Linkedin https://www.linkedin.com/in/anluuvn/
An has 17+ years of experience in software engineering and project management spanning several domains such as Automotive, Camera, Media, and Home Entertainment. He spent more than 7 years hands-on with blockchain-based product development,including smart contract, token design, KYC system (AML/CFT), ICO, IEO, STO, Presale system, DeFi, NFT, SocialFi, etc. An possesses advanced knowledge of building up compliance products from scratch, having worked as a Managing Director of software development labs.
Hung Nguyen - Solution Architect
Linkedin https://www.linkedin.com/in/viet-hung-nguyen/
Viet Hung Nguyen is a PhD in Computer Science. His research expertise focuses on software security, particularly empirical studies on mining vulnerability data and evaluating vulnerability models. As a data scientist, Hung is mostly focused on statistical analysis of vulnerability data to extract and validate empirical findings. He has been analyzing the co-evolution of code base and vulnerabilities for their empirical relationship, as well as researching prediction models to early indicate potential vulnerable pieces of code.
An Yburan - Head of Marketing
Linkedin https://www.linkedin.com/in/aldenyburan/
Alden Yburan is an experienced Marketing Director with a strong background in both TradFi and CeDeFi industries. With over 8 years as Chief Sales Officer at a European TradFi firm, he transitioned into cryptocurrency, beginning as a Business Development Manager and advancing to Country Manager at a leading CEX. He now leads marketing for a cryptocurrency exchange startup, leveraging his expertise in sales, business development, and marketing strategy to drive international growth. His exchange experience includes roles at HTX (formerly Huobi Global), BIB Global, CoinW Exchange, and BitLink Exchange.