$DJED MECHANISM
 
Yesterday, we had an exposure to the de-peg stablecoin on the crypto market. Before diving any deeper, let’s just get to understand our ecosystem’s stablecoin - $DJED @DjedStablecoin
 
#mechanism $DJED #stablecoin @DjedStablecoin 1. Djed is a crypto-backed algorithmic stablecoin contract that acts as an autonomous bank. It operates by keeping a reserve of base coins, and minting and burning stablecoins and reserve coins.

#mechanism $DJED #stablecoin

Top 5 Tweets On #Cardano $ADA Ecosystem In The Last 7 Days 👇

Let's us review the most interesting news from the Cardanians Community last week 😍

https://twitter.com/WatcherGuru/status/1558454410161885184

OUTSTANDING DE-PEGGED STABLECOIN
 
Our @Cardano ecosystem is also having our own stablecoin, known as $DJED - @DjedStablecoin. However, before deep diving into the $DJED, let’s take a first look at other stablecoins on the crypto market to have a lesson.
 
#stablecoin #depeg @Cardano @DjedStablecoin 1. Well, if you guys are involved in the crypto market lately, I am sure you guys shall be familiar with $UST ($USTC) of the @terra_money ecosystem. $UST is the algo-stablecoin, which has been guaranteed by $LUNA ($LUNC).
 
#stablecoin #depeg

PROJECT CATALYST OVERVIEW
 
The Project Catalyst is one the most awaited events of the @Cardano ecosystem. Let’s have an overview of what that is.
 
#projectcatalyst #overview #cardano #community @Cardano PROJECT CATALYST OVERVIEW
 
Project Catalyst is an experiment in community innovation, providing a framework to turn ideas into impactful real world projects.
So how it works?
 
#projectcatalyst #overview #cardano #community

PROOF OF STAKE V. PROOF OF WORK
 
The fixed date announcement for the Merge event of Ethereum has created such a positive motivation towards the market. So, let’s review the difference between Proof of Stake and Proof of Work.
 
#pos #pow #comparison PROOF OF STAKE V. PROOF OF WORK
 
The two share one thing in common - they are all consensus mechanisms in blockchain.
Which means they ensure users are honest with transactions, and reduces fraud such as double spending.
 
#pos #pow #comparison

1/6 @CardanoStiftung TVL Records A New ATH.

Bullish activities have not slowed down in the #Cardano ecosystem with TVL on #CardanoADA DeFi protocols has reached a new ATH of over $134M.

Per data from @DefiLlama, the TVL of @Cardano DEXs has surpassed its previous high of $130M. @CardanoStiftung @DefiLlama @Cardano 2/6 The @DefiLlama dashboard shows #Cardano TVL to be even higher when staked governance tokens are added to the TVL valuation. However, the live TVL of the proof-of-stake blockchain was around $133 at the time of writing.

#ADA #CardanoADA #CardanoCommunity $ADA @Cardano

🔥#Cardano is catching fire!🔥

#WonderWoman @GalGadot has backed @adaswapapp - the next-gen #CardanoADA DEX.

The funding will further develop the protocol and provide more DeFi capabilities to the users.

Info: fxempire.com/news/article/g…

#ADA #CardanoCommunity $ADA @Cardano @GalGadot @adaswapapp @Cardano .@adaswapapp raised $2.6M from various investors: @shimacapital, @Pluto_Digital, @gbvofficial, @Stardust, Efficient Frontier, Finova, @bantercap, @COTInetwork $DJED & including #GalGadot.

#ADA #Cardano #CardanoADA #COTI $ADA