Djed StableCoin(DJED)
Market Cap$2.8m
Price$0.98
Total Circulating2.84m
Stablecoin Information
Cardano's native overcollateralized stablecoin, developed by IOG and powered by COTI. DJED is backed by ADA and uses SHEN as a reserve coin
Category:algorithmic
Minting and RedemptionUsing the DJED App (https://djed.xyz/) users supply ADA as collateral to receive DJED. It uses a collateral ratio between 400% and 800% for DJED and SHEN
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | -0.89% | -4.12% | -13.11% | 2.84m |