Cryptocurrencies: 28005
Markets: 116055
Market Cap: $3,052,473,135,211     
24h Vol: $86,926,750,486
CryptoGlobe 2023-02-13 23:42:00

Cardano-Powered Algorithmic Stablecoin $DJED Now Backed by Over 31.5 Million $ADA

The recently launched Cardano-powered algorithmic stablecoin Djed ($DJED) is now backed by over 31.5 million $ADA tokens, as its adoption keeps on growing and its reserve ratio remains high. According to data from the project’s website, DJED’s reserve ratio currently stands at 488%, with 31.6 million $ADA backing a total of 2.27 million $DJED tokens
esptco-banner img

Videos
  • What is a Shiba Inu Coin & How Does it Work? Simply Explained!

  • Ripple XRP: What is Ripple XRP? EXPLAINED!

  • What Is Better ? Hardware Mining or Software Mining? Pros & Cons Fully Explained!

  • CEX vs DEX: Which Type of Crypto Exchange Is Better?

Our Partners