Djeds

Cardano’s overcollateralized stablecoin DJED launched on the mainnet on 31 January.  Increased DJED minting led to a jump in on-chain activity for ADA. Following several months of development, Cardano’s native over-collateralized stablecoin Djed launched on the network’s mainnet...

Cardano was one of the most hyped Layer 1 chains in 2021 and was expected to become home to some of the topmost DeFi Dapps, but the events that unfolded soon after its launch failed to place Cardano...