___  ___    _ _    _  _ _____   _____
 / __|/ _ \  | | |  | || |_ _\ \ / / __|
| (_ | (_) | |_  _| | __ || | \ V /| _|
 \___|\___/    |_|  |_||_|___| \_/ |___|

 --- A GOPHER-LIKE INTERFACE FOR HIVE BLOCKCHAIN ---

DJED - How does this new Cardano based stable coin work? -- Is it less like Luna or more like Dai? Check the paper in description

BY: @brishtiteveja | CREATED: Feb. 5, 2023, 3:04 p.m. | VOTES: 7 | PAYOUT: $1.25 | [ VOTE ]

The unique mechanism of Djed ensures its overcollateralization. In this video, we explained this using different scenarios.

DJED is already on Coingecko and Defilama
https://www.coingecko.com/en/coins/djed
https://defillama.com/protocol/djed-stablecoin?denomination=USD

If you want to read the main white paper of Djed
Djed: A Formally Verified Crypto-Backed Pegged Algorithmic Stablecoin
https://eprint.iacr.org/2021/1069.pdf

Visit djed.xyz

⭐️COTI Channels⭐️
🔹Twitter: https://twitter.com/COTInetwork
🔹Discord: https://discord.gg/xfTxJkRtVD
🔹Telegram official community: https://t.me/COTInetwork
🔹Telegram announcements: https://t.me/cotichannel
🔹Medium: https://medium.com/cotinetwork
🔹GitHub: https://github.com/coti-io

▶️ DTube

TAGS: [ #dtube ] [ #stablecoin ]

Replies

@brishtiteveja | Feb. 5, 2023, 5:14 p.m. | Votes: 0 | [ VOTE ]

Another explanation video by proof of wolf - https://youtu.be/gKb5_VwLvkU

[ BACK TO TRENDING ] [ BACK TO MENU ]
CMD>