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Coin Edition
2023-01-31 10:00:07

Cardano Partner Plans 400% to 800% Reserve Ratio for DJED Stablecoin

Cardano Partner Plans 400% to 800% Reserve Ratio for DJED Stablecoin

COTI, the layer-one protocol overseeing the upcoming algorithmic stablecoin of the Cardano blockchain, has shared an update regarding the collateralization ratio of the coin. In a blog post over the weekend, COTI reaffirmed that the optimal range for the reserve ratio of the DJED stablecoin would be between 400% to 800%, as initially stated in The post Cardano Partner Plans 400% to 800% Reserve Ratio for DJED Stablecoin appeared first on Coin Edition .

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