Cardano’s Djed Stablecoin Project Receives Major Revamp

Cardano’s Djed Stablecoin Project Receives Major Revamp

Charles Hoskinson has verified the Djed stablecoin project’s continuous existence.
There is renewed optimism for the Djed project thanks to Charles Hoskinson’s declaration.
Cardano’s creator Charles Hoskinson has addressed speculation that the Djed stablecoin may be phased out. In a recent post on twitter, he announced that Djed is not only staying put, but will also be undergoing a major revamp that will give this overcollateralized stablecoin a second chance at success. And he said they were “supercharging the team” working on the stablecoin.
In contrary to rumors, Charles Hoskinson has verified the Djed stablecoin project’s continuous existence and highlighted its upcoming development. The stablecoin stands out due to the fact that it is overcollateralized, using the native ADA token on Cardano as collateral.
Renewed Optimism
Moreover, Djed’s fourfold over-collateralization is one of its strongest features. Thus, guaranteeing that the circulating supply is supported by

Czytaj więcej

We współpracy z: https://thenewscrypto.com/djed-stablecoin-receives-revamp/

Total
0
Shares
Dodaj komentarz

Podobne Wpisy