2023-6-12 22:00 |
The reserve ratio of Djed, an algorithmic stablecoin designed for the Cardano ecosystem by Input Output Global (IOG), has fallen to 300%
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Cardano-based stablecoin and its reserve token are expanding their utility
2023-2-17 18:50 | |
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Cardano's Djed stablecoin depegged on a few days after its launch, reigniting the debate on reserve requirements. The post Cardano DJED Depegging Reignites Stablecoin Backing Debate appeared first on BeInCrypto.
2023-2-4 22:00 | |
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Learn how Shen helps Djed maintain parity with U.S. dollar through its Reserve Coin role
2023-2-3 04:30 | |
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Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing.
2023-2-1 10:46 | |
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Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing.
2023-2-2 10:46 | |
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The Cardano-powered stablecoin's reserve token can no longer be minted
2023-2-1 19:58 | |
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DJED is Cardano’s over-collateralized algorithmic stablecoin. DJED will use SHEN as its reserve coin. The launch of DJED on the mainnet is expected to take place this month. Cardano (ADA) price has risen by 7.
2023-1-24 16:11 | |
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| Analogue Notcoin - TapSwap |
In a definitive response to swirling rumors regarding the possible discontinuation of the Djed stablecoin, Charles Hoskinson, founder of Cardano, firmly stated that not only will the project continue, but it will also receive a significant upgrade.
Cardano’s recently-launched stablecoin Djed (DJED) reportedly crashed to about $0.13 on March 1. Crypto news blog Whale Chart reported the crash on March 3 but didn’t give any details, only briefly stating, “Cardano stablecoin DJED flash-crashed to $0.13.” After investigating…
DeFi protocols in Cardano, a proof-of-stake smart contracting platform, have locked over $100 million in user assets as of February 7. According to DeFiLlama statistics, Cardano DeFi protocols command a total value locked (TVL) of slightly over $103 million, which is more than 2X the amount on January 1.
The Cardano price is experiencing a strong year-to-date (YTD) increase of around 62%. Nevertheless, ADA is facing a crucial make-or-break moment in the 1-day chart, which could decide the long-term trend.
The Cardano ecosystem has the potential for further growth. The network has grown tremendously in various sectors, including decentralized finance (DeFi) and nonfungible tokens (NFTs). The blockchain has recorded massive adoption over the past months emerging as the third most active blockchain in development activity.
Cardano-based ecosystem builder AdaSwap today announced a partnership with COTI’s Djed stablecoin and shared plans to integrate the same into the Cardano ecosystem. AdaSwap Allies with COTI to Integrate Djed In an announcement made on December 21, Cardano-based ecosystem developer AdaSwap that is slated to launch the network’s first decentralized exchange (DEX), stated it hasRead More