328. Cardano Stablecoin "Djed" Created By Coti | ADA + COTI Analysis
Sep 28, 2021 ·
22m 3s
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Looking for the best tax havens for Crypto? Free Month with iTrust Capital - Use PROMO CODE - PAUL BARRON https://rebrand.ly/PAULBARRON IO Global (IOG), the blockchain technology firm responsible for...
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Looking for the best tax havens for Crypto? Free Month with iTrust Capital - Use PROMO CODE - PAUL BARRON https://rebrand.ly/PAULBARRON
IO Global (IOG), the blockchain technology firm responsible for the development of Cardano ($ADA), and FinTech startup COTI Group, unveiled Djed, a new algorithmic stablecoin for Cardano that was developed by the former and is issued by the latter. Djed’s use of smart contracts ensures price stabilization. Djed can be useful in decentralized finance (DeFi). It works by “keeping a reserve of base coins, and minting and burning stablecoins and reserve coins.”
#Cardano #COTI #Crypto
~Cardano Stablecoin "Djed" Created By Coti | ADA + COTI Analysis~
⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺
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IO Global (IOG), the blockchain technology firm responsible for the development of Cardano ($ADA), and FinTech startup COTI Group, unveiled Djed, a new algorithmic stablecoin for Cardano that was developed by the former and is issued by the latter. Djed’s use of smart contracts ensures price stabilization. Djed can be useful in decentralized finance (DeFi). It works by “keeping a reserve of base coins, and minting and burning stablecoins and reserve coins.”
#Cardano #COTI #Crypto
~Cardano Stablecoin "Djed" Created By Coti | ADA + COTI Analysis~
⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺
Subscribe on YouTube ✅ https://bit.ly/PBNYoutubeSubscribe
Facebook 📱 https://bit.ly/PBNfacebook
Twitter 📱 http://bit.ly/PBNtwitter
Help out our channel with our affiliate link for Trade The Chain - Trade Crypto Like a Pro!➜ http://bit.ly/TradeThePaulChain
For the best and most secure VPN use our partner!➜ https://bit.ly/PaulBNvpn
Have me speak at your event! ➜ http://bit.ly/PBNbusiness
Get 1,000 miles of free Supercharging with the purchase of a new Tesla car ⚡ http://bit.ly/PBNtesla
───────────────────────────
Want to start your own virtual event or education series? Try our pro-level virtual event services 🎓 🎬 http://bit.ly/ReverVirtual
Want your own custom podcast? Jump in to the growth in podcasting to reach new and existing customers 🎙️ http://bit.ly/ReverPodcasts
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