𓊽 DJED 𓊽
@DjedStablecoin
Followers
20,584
Following
53
Media
77
Statuses
636
The Unofficial DJED Twitter Account. DJED is a next-generation over collateralized stablecoin built to support the Cardano ecosystem. Powered by @COTInetwork 𓍶
Worldwide
Joined September 2021
Don't wanna be here?
Send us removal request.
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Pinned Tweet
@IOHK_Charles
speaks to why
@wsford
was favored to lead a dedicated company tasked to aggregate all stablecoin efforts on
#Cardano
$Djed $Ada $Coti $Shen
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$Djed Update!📢 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! 🚀
Read more details here:
$Coti $Djed $Ada
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And yes, $Djed is still on track for launching THIS month 🚀
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Once the Vasil Hard fork is finished, (along with the audit final results), we will start to deploy $Djed to the mainnet!🥳
More details here:
$Coti $Ada
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It's official! $Djed will launch on the Cardano Mainnet in January 2023! 🚀
$Coti $Ada
#Djed
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"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
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The final audit report for $Djed is scheduled for the end of November 🎉 Here's the update from the CEO of $Coti,
@shahafbg
.
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Who's next?
Who would you like to see list $Djed and $Shen?
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Over 30M $Ada locked in the $Djed Smart Contract.
We’re just getting started!
$Shen $Coti
#PoweredByCoti
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$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
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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
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The CEO of $Coti will be on Cardano 360 this week to discuss the robust design of our over-collateral algorithmic stablecoin, $Djed!📢
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Who’s going to be the first tier 1 exchange to list $Djed and $Shen?
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🧵👇 $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 DEX’s and CEX’s regardless of the protocols collateralization ratios.
$Shen $Coti
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Are you ready!?
@shahafbg
will be speaking about $Djed on 11/21/22 at the
#CardanoSummit2022
#Djed
$Coti $Ada
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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
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Hoskinson = 🐐
Remember that Cardano is a scam people. Thank God we have things like celsius, luna, and FTX to protect us. Seriously fuck you guys.
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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
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Djed Day 3
⛽️ Reserve Ratio 640% ⛽️
🔒 29,522,098 $Ada 🔒
𓊽 1,856,873 $Djed 𓊽
𓍶 22,803,891 $Shen 𓍶
$Ada 0.40 $Coti 0.10 $Shen 0.45
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🎉Congrats
@MinswapDEX
🎉
Highest 1W volume EVER!
Keep your eyes on
#cardanodefi
👀
$Djed $Shen $Coti
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$Djed's UI maintenance has been completed.
is back online.
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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.
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‼️⛽️ Reserve Ratio 515% ⛽️‼️
🔒 31,496,011 $Ada 🔒
𓊽 2,278,222 $Djed 𓊽
𓍶 23,583,443 $Shen 𓍶
$Ada 0.37 $Coti 0.09 $Shen 0.40
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🧵 Shen: Delegation Rewards 🧵
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 $Coti 👇
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$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.
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Djed's public testnet is now live! 📢 We invite you to test the platform by minting and burning $Djed on
Learn how:
$Coti $Ada
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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
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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
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Here's an update on the technical development of Djed!
$Coti $Ada $Djed
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$Djed Policy ID: 8db269c3ec630e06ae29f74bc39edd1f87c819f1056206e879a1cd61
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Djed’s algorithm is based on a collateral ratio in the range of 400%-800% for both $Djed and $Shen.
Read here to find out more:
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Here we go!
$Djed 🤝
@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
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“No we aren’t dropping $DJED. We are supercharging the team.”
@IOHK_Charles
No we aren't dropping Djed. We are supercharging the team
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“…People want to participate in
#DeFi
, but want to do so without the risk of losing their investment to unstable market conditions. It’s the main reason why we’ve been receiving requests to integrate $DJED into other blockchains.”
#PoweredbyCoti
$Coti
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👋
@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.)
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Here are the latest updates on the Djed Testnet, COTI's Treasury, ADA Pay and COTI's Infrastructure!
$Djed $Coti $Ada
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$DJED casually increasing market share 👀
$SHEN $COTI $ADA
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In this Video
@COTInetwork
visually depicts the over collateralization of $Djed, it’s 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
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4.2M 💪 $Djed
Wow, that’s ATH circulating supply for $Djed. We need some $Shen minters now! $Coti
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3.8X Collateralization
Does YOUR Stablecoin have that?
$DJED does!
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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. 🎥
$Coti
@COTInetwork
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🚨Djed Stablecoin Telegram group🚨
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 wallets”
There is NO OFFICIAL Djed telegram.
Nor is there a wallet validation process.
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Get ready! The $Djed AMA is today, June 16th @ 12pm UTC! 🥳
Join us on Telegram!
$Coti $Ada
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$Ada ↔️ $Djed
↕️ 🔄 ⬇️
$Shen ➡️ $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 $SHEN
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$Shen $Djed $Ada $Coti
$SHEN market is now live on Liqwid v1🤠
Users can supply SHEN and use it as collateral in the ADA and DJED markets🚀
SHEN suppliers and borrowers earn full LQ user distribution rewards at the same rate as the ADA and $DJED markets since v1 launch💧💧
#Cardano
$ADA
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“A 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 features”
@shahafbg
CEO of
@COTInetwork
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🤝
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"
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Let’s check our collateralization ratio.
Nearly 5:1 👀
$DJED continues to exist exactly as programmed.
Powered by $COTI 🤝 Protected by $SHEN
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$Shen 🤝 $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
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“The 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.”
As we continue on establishing Djed’s adoption, we are glad to present to you another DJED use case! This week we’re taking a look at the implementation of DJED on
@nmkr_io
.
Read here:
$DJED $SHEN $COTI
@Cardano
@InputOutputHK
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$Djed 🤝
@BNBCHAIN
🎉
@DjedStablecoin
@COTInetwork
is Now AVAILABLE on
@BNBCHAIN
Dapps🏆
#DJED
- a next-generation over collateralized stablecoin built to support the
#Cardano
ecosystem.
You can bridge your DJED across to BNB chain via
@chain_port
& start using it on
@ThenaFi_
More
#BNB
#BSC
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Does your stablecoin have 3:1 collateralization right now?
$Djed does….
Heavily over collateralized, powered by $Coti.
Djed is just getting started.
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#ICYMI
“As part of our continuous improvement process, we’ve recently performed an upgrade to Djed’s 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.”
$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
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The first week!
👇Check it out!👇
$Djed $Shen $Ada $Coti
It has been one week since we successfully launched Djed, and the first week’s activity of exceeded our expectations, reaching a total liquidity of over 30M ADA!
Check out Djed’s first week recap and future plans in the comment below👇
$DJED $SHEN $COTI
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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
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In this video Tomer Menuchin, COTI's business development manager and Defi researcher, discusses the benefits of holding $SHEN.
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#ICYMI
Take a few minutes to watch this video.
Still seeing many misconceptions about $Djed & $Shen.
The unique mechanism of Djed ensures its overcollateralization. In this video, we explained this using different scenarios.
Watch here:
$COTI $DJED $SHEN
@InputOutputHK
@Cardano
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“Yes, the $Djed protocol is working exactly as designed.”
@COTInetwork
$Coti
$Shen
$Ada
In this article, we are addressing some of the latest questions and clarifying some misconceptions about Djed.
Read all about it:
$COTI $DJED $SHEN
@InputOutputHK
@Cardano
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#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
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Thank you
@cardano_daily
🙏🏼
UNIQUE ACCOUNT GROWTH ON CARDANO DAPPS
The chart below showed the growth of the unique accounts in terms of Dapps on Cardano. According to the statistics,
@DjedStablecoin
is having the most significant growth, 14587% growth. What a start!
#cardano
#account
#growth
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The $DJED collateral ratio has been hovering above 800% lately. This indicates high demand for $SHEN & its benefits, especially as the market heats up.
Here’s a recap video explaining DJED’s unique approach to ensuring over collateralization.
$COTI
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We’re just getting started…. $Djed
STABLECOIN PROJECTS IN CRYPTO
The list below includes the top stablecoin projects in the Crypto Market. As you can see, our Cardano ecosystem with
@Indigo_protocol
and
@DjedStablecoin
have a long way to go.
#stablecoin
#project
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$Djed
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Throughout recent market volatility, DJED’s protocol proved its resilience, maintaining its peg. Changing conditions have created new opportunities for current and future SHEN holders.
Find out more: …
$DJED $SHEN $COTI
Throughout recent market volatility, DJED’s protocol proved its resilience, maintaining its peg. Changing conditions have created new opportunities for current and future SHEN holders.
Find out more:
$DJED $SHEN $COTI
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The $Shen delegation rewards for Epoch 392 and 393 have been airdropped to holders wallets.
You can check your rewards at the link below.
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$DJED and $SHEN are now featured on
@coingecko
and
@CoinMarketCap
!
Check it out:
CoinGecko -
CMC -
$COTI
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Watch a recent discussion with the COTI team in reference to Djed adoption, business development and details on Shen!
$COTI $ADA $DJED $SHEN
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#icymi
“This update comes with a host of process flow optimizations, a lowering of the minimum mint and burn requirements for $DJED & $SHEN, as well as a reduction in operational fees.”
#poweredbycoti
$Coti $ADA
@IOHKMedia
@COTInetwork
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:
$COTI
@InputOutputHK
@Cardano
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$Shen rewards are being distributed.
$Djed $Coti
We are happy to share that the delegation rewards distribution for $SHEN holders has started! Read our latest update to learn more about this process, as well as the lowered transaction minimums, UI improvements and more.
Read here:
$DJED $COTI
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@shahafbg
on $Djed
This information was pulled directly from the official $Coti Telegram Chat
SHEN holders:
ALL SHEN holders get delegation rewards and there’s NO distinction between those who minted their SHEN on the platform and those who bought it from a DEX/CEX. As stated…
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