The new cardano-based stablecoin becomes a tool for decentered financial operations (DeFi) and a way to reduce the cost The provider of payment gateways Coti has become the official issuer of the new Djed stablecoin, powered by DeFi, on the Cardano network. This was announced in an admiration at the Cardano Summit by Cardano founder Charles Hockkinson and Coti General Director Shakhaf Bap-Geffen. The new stablecoin will be based on an algorithm scheme with the use of smart contacts to ensure the stability of prices and specifications for the purpose The stablecoin is intended for payment of commissions for transactions in the Cardano network, in order to avoid "inconsistent and irregular gatherings for gas" and Coglacno iccledovatelckoy ACTIVITY REPORT Po Djed, opublikovannoy in avgucte, the protocol is cteyblkoina vecti cebya budet kak "avtonomny bank, Who pokupaet and ppodaot cteyblkoiny in diapazone, Who ppivyazan to tselevoy tsene". The stablecoin will work, maintaining the reserve in the base coins during the release and combustion of other stable assets and spare coins. In the words of Hockkinson, the Djed stablecoin can change the rules of the game in the crypto industry, as it refers to "a complete new auditorium, so that.
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