Cardano TVL in ADA Surges to ATH as DJED Stablecoin Hits 390% Collateralization
Cardano’s DeFi ecosystem is seeing significant growth, with the total value of locked assets recently hitting a new all-time high…
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Jul 13, 2023
Mar 1, 2023
Djed price is $0.997423, up 0.11% in the last 24 hours, and the live market cap is $4,008,896. It has circulating supply volume of 1,000,000,000,000 DJED coins and a max. supply volume of 1,000,000,000,000 alongside $77,613 24h trading volume.
Djed is a blockchain-based platform that enables users to securely store and manage their digital assets. It provides a secure, decentralized, and immutable ledger for storing digital assets such as cryptocurrencies, tokens, and other digital assets. The platform also offers a suite of tools for developers to create applications on top of the blockchain. With its smart contracts and distributed application (dApp) framework, developers can create decentralized applications that are secured by the blockchain’s consensus mechanism.
The platform was created with the goal of providing users with an easy way to store and manage their digital assets in a secure manner. It uses advanced cryptography to ensure that transactions are secure and private. Additionally, it utilizes a consensus protocol called “Proof-of-Stake” which allows users to stake their coins in order to earn rewards from transaction fees.
Djed also offers an open source development environment which allows developers to quickly build dApps without having to learn complex programming languages or frameworks. This makes it easier for developers to create innovative applications on top of the blockchain without having to worry about security or scalability issues.
Overall, Djed is an innovative platform that provides users with a secure and reliable way to store and manage their digital assets. With its open source development environment, it makes it easier for developers to create innovative applications on top of the blockchain while ensuring security and scalability.
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