@TikurCrypto
What is Cardano's Stablecoin, Djed? Djed is an algorithmic stablecoin that is being developed by Cardano and COTI. Djed uses smart contract to ensure price stabilization and it is backed by the cryptocurrency $ADA. It functions by reserving base coins and minting and burning stablecoins. For more info, checkout the full article: https://read.cash/@TikurCrypto/what-is-cardanos-stablecoin-djed-4233d5e1
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