Cardano ADA will launch DJED stablecoin with ADA minting mechanism. DJED vs UST
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0:00 Cardano ADA
0:33 Cardano and stablecoins
1:23 What is Cardano DJED?
4:45 How DJED works
11:55 UST vs DJED
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Scammers are in the comments!! I will NEVER EVER contact you!!
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What's your current view on JED after all the recent events?
What came first the horse ? Who’s on First? I can’t understand sorry
You are just greedy
And that's why people don't know wtf is happening. Might as well be Chinese
Crypto Criminal Cash 💰 a Ponzi scheme from hell denying any blocks except for the rich and powerful. Mine at your own risk ⚠️
Sounds like a complicated mess.
The king of stablecoins in the near future will be circle’s USDC
Everyone making "I was wrong about ADA" videos.
Watching this two weeks later lol
It’s going to be a long time before myself or many others will trust defi again
isn't shen just Luna with extra steps though? if how would an ada crash not affect djed if shen is backed with ada and djed is backed by shen?
So, $SHEN is like $MKR And $DJED is $DAI in Ethereum ecosystem respectively?
This protocol is not immune maybe better than luna but I’d like someone with strong mathematical skills to work out situations if there is an attack on Djed or Shen.I sense they will let it grow and do a coordinated attack. But I could be wrong. They want a dollar peg to be standard and I sense lots of forces will be out there to look for vulnerabilities. Remember,if this protocol fails it will have an impact on Ada regardless of a peg or not and to suggest otherwise is as good as saying if it is successful, the success of protocol won’t lift Ada and that’s a stretch. Great projects are a must for an ecosystem to grow and bad projects are recipe for stagnation.
This guy looks cgi
LUNA died ADA live 😀
What happens if these African startups default on their loans?
Anybody that sells ada is going to seriously regret it.
How would DJED affect AFROSTAR in the coming years ????
DJED: apparently we didn't learn anything from terra/luna collapse!! Crypto backed by crypto!! What can go wrong!!
Nothing against ADA but I now see why so many non crypto people think it’s all a Ponzi, because algorithmic stable coins look very much like a Ponzi to them. New money coming in to satisfy previous commitments. TBH algorithmic coins are killing the industry in its infancy because it is never stable for long. They say that all fiat eventually goes to zero, but until that point, at least it’s guaranteed. Ever increasing inflation seems to be the price we pay for that. Stable coins, however, can only provide that guarantee once they have some measure of centralisation. Harsh, but true. It’s also true that the majority of people will NOT migrate to crypto until there is some guarantee. Maybe regulation will provide at least American s with some measure of guarantee.
Remember in the world of finance, everything is open to being attacked and manipulated. If you create a peg, someone out there with big bags will try to exploit or break it and because crypto is still in its infancy, every coin that breaks deters the wider public from ever adopting it.
This sounds kinda ponzi ish. Lmao. Good luck to y’all
Excellent content, thank you!
This is the people's and humanist's coin. Not Wallstreets. That's it. That's what Crypto is originally all about and why Cardano will succeed. That and bc of Charles being involved. The Steve Jobs of Crypto. The Che Guevara of Crypto.
Power to the people. Cardano for humanity!
Cardano and Coti will be powerhouses this year.
As more money comes into specific crypto's, there will be more and more disinformation attempts
Will there be something like anchor for DJED as well? Or can we only earn on the Shen Token?
Nice video 👍
This aged pretty well… now that Luna is down 99.99%+…
Very informative. Thank you
I'm still buying ada/usdt and I think cardano will be fine.
I think I will spend some usdt on ada