WebMay 12, 2024 · Charles Hoskinson is the founder of the Cardano project and also he is one of the co-founders of the Ethereum project. Last year he proposed an algorithm-based … WebSep 28, 2024 · Cardano's stablecoin, Djed, will reduce fees and keep prices predictable. But with new regulation on the way, it may not be the best time to launch a stablecoin.
Djed vs UST/Luna. Is Djed more collapse proof - Reddit
WebJun 8, 2024 · Seeing the fall of UST/Luna, I was wondering if Djed, the algorithmic stablecoin of Cardano, has mechanisms to prevent such a collapse. I got partial answers … WebLuna failed because it was directly related to UST and the backing was 1:1. It was an unstable system waiting to collapse. Djed is overcolleralized by 4-8x. Also Djed is backed by Shen instead of Ada directly, preventing a downward spiral, because Shen burning will be paused, should the collateral fall below 4x. brick making project proposal pdf
Cardano Daily on Twitter: "$DJED and $UST Comparison …
WebCARDANO NEWS DJED STABLECOIN VRS TERRA UST PAVIA TWEET MAKES ME SUPER BULLISH ON PAVIA METAVERSE! In this cardano and crypto news update we duss ialgo st... WebJun 8, 2024 · Seeing the fall of UST/Luna, I was wondering if Djed, the algorithmic stablecoin of Cardano, has mechanisms to prevent such a collapse. I got partial answers by watching that comparison video. It seems that Djed will be 400%-800% over collateralized, while UST was not overcollateralized at all. Also, Djed's pegging algorithm will be … WebMay 16, 2024 · As covered by U.Today previously, the reconsideration of APR in Anchor Protocol (ANC) triggered the collapse of TerraUSD (UST) and Terra (LUNA) assets. Djed (DJED), the first-ever algorithmically backed stablecoin on Cardano (ADA), is set to address the major bottlenecks of the stablecoins scene. Source. brick mansions turkce dublaj izle