Cardano Djed Depegs as Reserve Ratio Drops; Community Reacts
July 5, 2023
The Cardano algorithmic stablecoin Djed was introduced on the mainnet in January 2023, but according to The Cardano Times (TCT),
The Cardano algorithmic stablecoin Djed was introduced on the mainnet in January 2023, but according to The Cardano Times (TCT),
To encourage the wide adoption of the top blockchain, Cardano supporters have started a new quarterly magazine. The “Cardano Solution”
Djed, the overcollateralized, dollar-pegged stablecoin from Cardano, is currently tradable on Liqwid. The opportunities for profit on Djed Holdings keep
COTI has improved its Djed platform by supporting multiple wallets, including Flint, GeroWallet, Yeroi Wallet, Typhon Wallet, and NuFi. This
The profit-driven division of Cardano, EMURGO, a top blockchain technology business, has emphasized the value of native stablecoins to Cardano
The revival of whale activity has taken center stage as ADA has increased by 61% from the year’s beginning. Activity
For the recently released Cardano stablecoin DJED and its reserve currency SHEN, staking has been implemented by Bitrue, a well-known
Cardano’s Djed stablecoin’s official issuer, COTI Network, has provided information about DJED’s development. It was reported by COTI that ADA-backed
Data reveals that less than a day after launch, the overcollateralized Djed (DJED) stablecoin based on Cardano has garnered over
After more than a year of development, Djed, a decentralized stablecoin linked to the US dollar, emerged on the Cardano