DJED, The New Stablecoin From Cardano

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DJED, The New Stablecoin From Cardano

Guys, Cardano announced their new stablecoin. What do yall think??

Andrew Peters Answered question November 23, 2022
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Search ageUSD and you’ll have your answer. regardless of value 1 UST when converted to LUNA will always give you $1 worth of LUNA. that’s why it went into a death spiral

Andrew Peters Answered question November 23, 2022
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Someone convince me that what happened to UST/LUNA won’t happen to DJED/ADA and bring it to zero.

Myat Kelly Edited comment November 23, 2022

It can’t fail the same way Terra/Luna failed because of the mechanics of the smart contract.

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I’m under the impression Indigo is back by crypto. DJED is back by the USD??? Or I’m completely wrong.

Joan Husk Answered question November 23, 2022
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They’re just announcing again because Emurgo and Indigo announced their stablecoins. Been waiting for a long time for DJED. Supposed to be first but they said they were just waiting for Vasil HF. Vasil been live a long time now still no DJED.

Luwis K Answered question November 23, 2022
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Reminds me of last year when everyone was saying that Sundaeswap is the first DEX, and who was it? Muesli or Min that had done it first.

Reshantha De silva Answered question November 23, 2022
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