The model for maintaining the peg of Cardano’s stablecoin Djed has been released, featuring a mint and burn mechanism involving DJED and SHEN. Cardano’s soon-to-be-launched stablecoin Djed will maintain its peg through an algorithmic model which features alternating mint and burn exercises to maintain the stablecoin’s collateral ratio with the Shen token – Djed’s official […] The post Model For Maintaining The Peg of Cardano Stablecoin DJED Released first appeared on The Crypto Basic.

Model For Maintaining The Peg of Cardano Stablecoin DJED Released