Tag: Djed

Cardano-Based Djed Stablecoin Attracts 27M ADA Tokens as Reserve Backing

Cardano-Based Djed Stablecoin Attracts 27M ADA Tokens as Reserve Backing

Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing. www.coindesk.com [...]
ADA-backed algorithmic stablecoin Djed launched on Cardano

ADA-backed algorithmic stablecoin Djed launched on Cardano

Since the fall of the Terra (LUNA) algorithmic-stablecoin in mid-2022, many users in the crypto space have developed a weariness towards that particul [...]
Cardano DEXs Will Support Djed Stablecoin Liquidity Pools Starting Next Week

Cardano DEXs Will Support Djed Stablecoin Liquidity Pools Starting Next Week

The issuance of Djed’s overcollateralized stablecoins has been a much-hyped topic in the Cardano community. www.coindesk.com [...]
Cardano-Based Overcollateralized Stablecoin Djed to Launch Next Week

Cardano-Based Overcollateralized Stablecoin Djed to Launch Next Week

Djed is expected to go live on over 40 Cardano-based decentralized finance applications (dApps) on launch, as per a November report on The Block. Deve [...]
Indicators flash bullish on COTI ahead of its mainnet and Djed stablecoin launch

Indicators flash bullish on COTI ahead of its mainnet and Djed stablecoin launch

Development never stops in the fast-paced and competitive crypto sector and COTI is one project that is flashing some bullish signs. VORTECS™ charts f [...]
Tron Launches Djed, a Platform That Appears to be like Suspiciously Like MakerDAO

Tron Launches Djed, a Platform That Appears to be like Suspiciously Like MakerDAO

On March 28, Tron (TRX) founder Justin Solar tweeted to announce the discharge of Djed, a system for collateralized loans he described as “one thi [...]
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