Cardano stablecoin $Djed launch is imminent, says $ADA contributor cardano cardanoada cardanocommunity djed stablecoin coti $coti
Based on the positive developments in the life of algorithmic Cardano-based stablecoin, the enthusiast has suggested that its launch on the main network is imminent.Recall that Djed is an over-collateralized stablecoin, where more than 400% of the collateral value is used to mint each coin.
According to Djed's official website, it is currently worth the equivalent of 2.94 ADA, with a supply of 676,496 tokens.That said, McCracken's suggestion of an imminent launch confirms the plans of the stablecoin development team itself, which previously stated that Djed's release on the main network would take place as early as the first month of 2023.
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