π½ DJED π½
@DjedStablecoin
Followers
21K
Following
2K
Media
94
Statuses
732
The Unofficial DJED Twitter Account. DJED is a next-generation over collateralized stablecoin built to support the Cardano ecosystem. Powered by @COTInetwork πΆ
Joined September 2021
Days since launch: 722. Times DJED has lost itβs USD peg: 0. Collateralization ratio: 6.5X. Total Reserves: 30,000,000+ $ADA. When it comes to stablecoins, Boring is good!. $DJED worksβ¦check for yourself at
19
83
462
$Djed Update!π’ We're waiting for the final audit results to see if any critical issues are discovered. If there are no issues, we'll go ahead to deploy on Mainnet! π . Read more details here:. $Coti $Djed $Ada.
77
534
2K
And yes, $Djed is still on track for launching THIS month π.
84
329
2K
Once the Vasil Hard fork is finished, (along with the audit final results), we will start to deploy $Djed to the mainnet!π₯³. More details here:. $Coti $Ada.
43
350
1K
39
328
1K
It's official! $Djed will launch on the Cardano Mainnet in January 2023! π. $Coti $Ada #Djed
56
210
1K
"Djed will be on other chains as well. Obviously on Ethereum and Binance Smart Chain just to name a few. because defi ecosystems need a stablecoin that is stable and reliable. @shahafbg . $Djed $Shen $Ada $Coti @COTInetwork
40
227
993
The final audit report for $Djed is scheduled for the end of November π Here's the update from the CEO of $Coti, @shahafbg.
31
201
935
$DJED is two years old. Two years of stability, having never lost its peg. DJED continues to perform as intended.
21
97
798
Who's next?. Who would you like to see list $Djed and $Shen?
97
64
700
Over 30M $Ada locked in the $Djed Smart Contract. Weβre just getting started!. $Shen $Coti #PoweredByCoti
17
114
697
$Djed coming to Ethereum, Binance Smart Chain and others!.
Shahaf Bar-Geffen, COTI's CEO, shares updates about recent events and their impact on Djed, and answers community questions about the gCOTI campaign. Watch here: $COTI $gCOTI $DJED $SHEN @shahafbg.
28
135
701
Ready?.
43
94
698
Update! Testnet version 1.1.1 of $Djed has been reactivated with new capabilities such as Vasil hard fork compatibility, activity history and more! . You can test it using $tADA here: $Coti $Ada #Djed.
37
117
688
The CEO of $Coti will be on Cardano 360 this week to discuss the robust design of our over-collateral algorithmic stablecoin, $Djed!π’.
9
84
618
Whoβs going to be the first tier 1 exchange to list $Djed and $Shen?
49
59
566
π§΅π $Djed can ALWAYS be burnt for $Ada regardless of ratio. One concept that seems to be misunderstood is, regardless of minting and burning on tokens can be traded on DEXβs and CEXβs regardless of the protocols collateralization ratios. $Shen $Coti
21
93
552
Are you ready!? @shahafbg will be speaking about $Djed on 11/21/22 at the #CardanoSummit2022. #Djed $Coti $Ada
27
111
551
Coming soon to Lower minimums and reduced fees!. DJED:. Mint: 5000 > 1000 .Burn: 1000 > 200 . SHEN:. Mint: 5000 > 1000 .Burn: 2500 > 500 . Operational fee: 100 > 25 Ada. $Coti $Djed $Shen $Ada
19
81
541
We're getting closer to the $Djed Mainnet release! Below, we share more details about our protocol and the fee structure. Read more here:. $Coti $Ada.
18
111
520
Hoskinson = π.
Remember that Cardano is a scam people. Thank God we have things like celsius, luna, and FTX to protect us. Seriously fuck you guys.
10
48
521
Djed Day 3. β½οΈ Reserve Ratio 640% β½οΈ . π 29,522,098 $Ada π . π½ 1,856,873 $Djed π½. πΆ 22,803,891 $Shen πΆ. $Ada 0.40 $Coti 0.10 $Shen 0.45
10
82
523
πCongrats @MinswapDEX π. Highest 1W volume EVER!. Keep your eyes on #cardanodefi π . $Djed $Shen $Coti
5
65
424
$Djed's UI maintenance has been completed. is back online.
11
52
411
DJED so far!. - A total liquidity of 28M $ADA has been provided on the platform. - 3 hours after launch, we reached a reserve ratio of 800%, meaning that at that time, no additional $SHEN could be minted until the ratio was lowered.
2
58
412
βΌοΈβ½οΈ Reserve Ratio 515% β½οΈβΌοΈ. π 31,496,011 $Ada π . π½ 2,278,222 $Djed π½. πΆ 23,583,443 $Shen πΆ. $Ada 0.37 $Coti 0.09 $Shen 0.40
12
60
409
𧡠Shen: Delegation Rewards 𧡠. Many people asking how to ensure they get their delegation rewards. Either mint $Shen @ or purchase from @wingriderscom, @MuesliSwapTeam , @MinswapDEX or @BitrueOfficial and hold on a non-custodial wallet. $Djed $Coti π
23
63
396
$DJED's user interface is under maintenance and cannot be accessed at the moment. The smart contract however, is fully functioning. Users can still access the contract to perform transactions of DJED & SHEN until is up again. Thank you for your patience.
11
43
363
Djed's public testnet is now live! π’ We invite you to test the platform by minting and burning $Djed on Learn how:. $Coti $Ada.
20
72
378
Thank you @COTInetwork . $Djed is just days away.
We are pleased to share another update about Djed's progress and to inform you that the launch is scheduled for next week!. Read more: $DJED $COTI @InputOutputHK @Cardano
9
67
359
Wow! Big news for $Djed!. @COTInetwork $Shen $Coti.
#DAI: the first decentralised, collateral-backed cryptocurrency, built by @MakerDAO. #DJED: Cardano's homegrown overcollateralized stablecoin, powered by @COTInetwork. Prepare for the arrival of a $DAI / $DJED stablepool. Coming soon to a #Cardano DEX near you! @DjedStablecoin
9
72
343
Here's an update on the technical development of Djed!. $Coti $Ada $Djed.
3
53
342
$DJED is still π¨βπ³ . π₯ post by @IOHK_Charles.
The tl;dr is that crypto went through something worse than Luna and somehow Djed is still cooking
12
40
355
Yesterday, the Djed protocol experienced a temporary issue with its batching capability, preventing users from minting and burning tokens for several hours. However, at no point was the protocol at risk, nor was there any threat of depegging. No user funds were lost, and $DJED.
32
30
342
$Djed Policy ID: 8db269c3ec630e06ae29f74bc39edd1f87c819f1056206e879a1cd61.
18
41
306
Djedβs algorithm is based on a collateral ratio in the range of 400%-800% for both $Djed and $Shen. Read here to find out more:.
10
72
295
Here we go!. $Djed π€ @BNBCHAIN . $Shen $Coti.
DJED is now LIVE on @BNBCHAIN! You can now bridge your DJED across to BNB chain via @chain_port and start using it on THENA. Check out the $DJED/ $USDC liquidity pools on @ThenaFi_ with more to come!. Learn More: $COTI $DJED $SHEN
5
60
287
Recent market conditions have led to increased interest in the DJED protocol. Over the past two weeks more than 1.5M $DJED have been minted!. β
Battle tested over 650+ days of volatility. β
Djed works. Check it out HERE π @Cardano @Cardano_CF $SHEN.
10
65
304
βNo we arenβt dropping $DJED. We are supercharging the team.β. @IOHK_Charles.
No we aren't dropping Djed. We are supercharging the team.
6
40
274
ββ¦People want to participate in #DeFi, but want to do so without the risk of losing their investment to unstable market conditions. Itβs the main reason why weβve been receiving requests to integrate $DJED into other blockchains.β . #PoweredbyCoti $Coti .
6
51
275
π @cz_binance $Djed.
BUSD market cap dropped -$2.45B (from 16.1B to 13.7B as of now), and most of it has moved to USDT. USDT marketcap + 2.37B (From 67.8B to 70.1B). USDC also declined -739M (from 42.3B to 41.5B). Landscape is shifting. (Note: BUSD is NOT issued by Binance.)
15
50
271
$DJED casually increasing market share π . $SHEN $COTI $ADA
4
42
266
Here are the latest updates on the Djed Testnet, COTI's Treasury, ADA Pay and COTI's Infrastructure! . $Djed $Coti $Ada.
5
36
260
$DJED is ALWAYS redeemable for $1 USD of $ADA at regardless of what price oracles are reportingβ¦.
Days since launch: 722. Times DJED has lost itβs USD peg: 0. Collateralization ratio: 6.5X. Total Reserves: 30,000,000+ $ADA. When it comes to stablecoins, Boring is good!. $DJED worksβ¦check for yourself at
10
37
272
4.2M πͺ $Djed.
Wow, thatβs ATH circulating supply for $Djed. We need some $Shen minters now! $Coti
2
26
252
In this Video @COTInetwork visually depicts the over collateralization of $Djed, itβs relation to $Shen, explains the reserve ratio and limits on minting / burning Shen. Djed can ALWAYS be burnt (redeemed for $1) of $Ada regardless of reserve ratio.
The unique mechanism of Djed ensures its overcollateralization. In this video, we explained this using different scenarios. Watch here: $COTI $DJED $SHEN @InputOutputHK @Cardano.
5
51
244
3.8X Collateralization. Does YOUR Stablecoin have that?. $DJED does!.
2
38
243
Updates on $DJED 1.2 π
Want to catch up on everything weβve done since launching the #COTIV2 Developer Network? From SDK enhancements to laying the infrastructure to the next $gCOTI voting and more, get up to date on the latest tech developments. Read here: $COTI $Djed
10
24
239
Seeing many misconceptions in regards to $Djed & $Shen given the current narrative on Stablecoins. Please take a minute to understand what makes Djed robustly different. π₯. $Coti @COTInetwork.
2
47
222
@IOHK_Charles speaks to why @wsford was favored to lead a dedicated company tasked to aggregate all stablecoin efforts on #Cardano. $Djed $Ada $Coti $Shen
14
71
203
Big updates coming for $DJED π.
0
30
221
π¨Djed Stablecoin Telegram groupπ¨. We have been monitoring the channel pictured below and can confirm they are now actively trying to phish their users keys by asking to "validate their walletsβ. There is NO OFFICIAL Djed telegram. Nor is there a wallet validation process.
5
55
219
$Shen delegation rewards will be airdropped on Monday.
20
22
218
Get ready! The $Djed AMA is today, June 16th @ 12pm UTC! π₯³. Join us on Telegram!. $Coti $Ada
6
40
213
$Ada βοΈ $Djed. βοΈ π β¬οΈ. $Shen β‘οΈ $Coti.
COTI's Treasury just received the first batch of Djed operational fees!.A conversion of $ADA to $COTI has just been completed on the open market, and the $COTI has been funneled to the Treasury as a reward to its participants. Max APY is now 118%!. Stay COTI!. $DJED $SHEN
2
30
204
Some users reported βfrontend issues,β but no actual issues occurred on the frontend. What happened was that our risk assessment software was at work. 𧡠1/4.
13
38
217
". if a #stablecoin does what it needs to do, then it's boring. You know price never goes up right? It's always a dollar And no news with a #stablecoin is very good news!". @shahafbg discusses the $DJED 1.2 upgrade on #COTIConnect
5
39
210
$Shen $Djed $Ada $Coti.
$SHEN market is now live on Liqwid v1π€ . Users can supply SHEN and use it as collateral in the ADA and DJED marketsπ. SHEN suppliers and borrowers earn full LQ user distribution rewards at the same rate as the ADA and $DJED markets since v1 launchπ§π§. #Cardano $ADA
0
30
184
$DJED & $SHEN got a HUGE upgrade, here.are some highlights. β
More Dynamic Base Fee Model. β
Lowered Minimum Mint & Burn. β
More ADA Reserves for SHEN. β
Switching to Percentage-Based Operator Fee. β
Plutus V2 Migration. π Check quoted post below!. @IOHKMedia π€ @COTInetwork.
Big news for Cardano DeFi! The most significant upgrade to Djed since launch is now live π«. These updates take Cardano's overcollateralized stablecoin to new heights in stability, accessibility, and efficiency. Let's explore the key improvements π§΅. @InputOutputHK . 1/7
7
28
196
βA lot of the technical debt that we have is about to be finished soon, and that will create the next version of $DJED with a lot of new featuresβ. @shahafbg CEO of @COTInetwork .
6
27
191
π Update: A Djed protocol maintenance will take place tomorrow, Feb 10th at 10am UTC, and will last around 1.5h. During the maintenance time, users will not be able to mint/burn $DJED & $SHEN on however, users can swap $DJED & $SHEN on Cardano DEXs as
6
20
180
Letβs check our collateralization ratio. Nearly 5:1 π . $DJED continues to exist exactly as programmed. Powered by $COTI π€ Protected by $SHEN
7
30
189
DJED current collateralization ratio 724%. The demand for $DJED and $SHEN is growing.
3
23
192
π€.
Djed is standing strong, PEGGED to $1 as it should be. Djed is OVER-Collaterised by 5.25X more reserves then Djed's total value, and you can still it redeem for $1 worth of ada. Rest of the tweets are nothing but "4"
6
25
180
π 6οΈβ£,0οΈβ£0οΈβ£0οΈβ£,0οΈβ£0οΈβ£0οΈβ£ $DJED
2
16
174
4.8M $DJED πͺ
6
13
175
$Shen π€ $Djed.
Since the launch of the Djed platform, minting and holding SHEN has attracted some impressive benefits. Read here to find out how much SHEN holders have earned in the last 3 months: $DJED $SHEN $COTI @InputOutputHK @Cardano
3
29
164
$Djed π€ @BNBCHAIN
π @DjedStablecoin @COTInetwork is Now AVAILABLE on @BNBCHAIN Dappsπ. #DJED -Β a next-generation over collateralized stablecoin built to support the #Cardano ecosystem. You can bridge your DJED across to BNB chain viaΒ .@chain_port & start using it on @ThenaFi_. More. #BNB #BSC
2
29
171
Does your stablecoin have 3:1 collateralization right now?. $Djed doesβ¦. Heavily over collateralized, powered by $Coti. Djed is just getting started.
3
28
158
βThe Implementation of $DJED and $SHEN allows users to purchase and accept these tokens for NFTs, making NFTs more accessible to everyone. More importantly, the Overcollateralized stablecoin, DJED, helps to shield both buyers and sellers from the volatility of the crypto market.β.
As we continue on establishing Djedβs adoption, we are glad to present to you another DJED use case! This week weβre taking a look at the implementation of DJED on @nmkr_io. Read here: $DJED $SHEN $COTI @Cardano @InputOutputHK
3
33
157
#ICYMI. βAs part of our continuous improvement process, weβve recently performed an upgrade to Djedβs code. This update comes with a host of process flow optimizations, lowering of the min. mint and burn requirements for $DJED & $SHEN, as well as a reduction in op. fees.β. $Coti.
An upgrade to the Djed protocol has just been implemented with improvements to the Chain Index and Pub User. We've also reduced the operator fees as well as the minimum amounts needed to mint $DJED and $SHEN. Read more: $COTI @InputOutputHK @Cardano
4
24
160
$DJED 1.2 soon to be launched on testnet as per @shahafbg CEO for @COTInetwork . Clip here: Full video here:
3
30
165
Check out our latest $Djed FAQ post below! We also plan on doing AMA's and other activities in the future. As usual, we will keep everyone updated!. $Coti #Djed $Ada @CardanoStiftung .
5
27
150
The first week!. πCheck it out!π. . $Djed $Shen $Ada $Coti.
It has been one week since we successfully launched Djed, and the first weekβs activity of exceeded our expectations, reaching a total liquidity of over 30M ADA!. Check out Djedβs first week recap and future plans in the comment belowπ. $DJED $SHEN $COTI
3
29
149