Djed, created by IOG and powered by COTI, is a crypto-backed, overcollateralized stablecoin designed for DeFi. It uses smart contracts to maintain price stability around $1 by employing a reserve of $ADA. Users mint Djed by sending $ADA to the contract, which then returns Djed.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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