COTI is a token of the corporate fintech blockchain designed for payments. COTI uses a unique Proof of Trust (PoT) consensus algorithm — a combination of a directed acyclic graph (DAG) data structure with PoW. COTI allows organizations to create their own payment solutions and digitize any currency.

COTI news today, COTI crypto latest news of token ticker

COTI

The Djed stablecoin is a highly talked about algorithmic stablecoin built on Cardano. 

COTI CEO, Shahaf Bar-Geffen joins me on this episode to talk about the algorithmic stablecoin on Cardano called Djed and its reserve currency Shen.

We talk about the mechanics behind the system, how it all works, and the stigma around algorithmic stablecoins since the fall of Terra Luna's algorithmic stablecoin, UST stablecoin.

How does Cardano's algorithmic Djed stablecoin compare to other algorithmic stablecoins and other stablecoins?

You can play with the Djed stablecoin platform on testnet from the main website at: http://bit.ly/3V5ZkIN

You can also follow the project at: https://twitter.com/COTInetwork

Chapters:
00:00 Intro
01:27 About Shahaf
03:20 Overview of Djed stablecoin
06:29 Mechanics of when to mint & burn what?
13:17 Rewards & incentives for SHEN holders
16:00 Excess ADA equity
17:50 Bear market launch
19:04 How Djed stablecoin compares to other algorithmic stablecoins & UST?
25:00 Supply shock?
26:55 The stigma around algorithmic stablecoins
30:02 Rollout plan?
33:21 Security audits
34:51 Testnet practise
35:38 What does success look like for Djed stablecoin?
37:50 Closing remarks around Djed stablecoin

===
*** None of the information on this episode is to be considered as financial advice. All conversations and opinions are that of the guests and are intended for educational and entertainment purposes only. Please do your own research and understand that cryptocurrencies are volatile and risky. https://www.youtube.com/watch?v=Fq8FhvxET2k
===

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Cardano Djed Stablecoin Explained w/ COTI CEO, Shahaf Bar-Geffen

Telegram

Shahaf Bar-Geffen was invited to talk with Peter Bui about Djed and how the community feels about stablecoins.

Watch the interview here: https://www.youtube.com/watch?v=TdAtIsrMhfw&ab_channel=LearnCardano

Shahaf Bar-Geffen was invited to talk with Peter Bui about Djed and how the community feels about stablecoins.

Pete | Cardano ₳mbassador, SPO, YTer 🍍🍕👌

Shahaf Bar-Geffen

Cardano Community

Cardano Foundation

Shahaf Bar-Geffen was invited to talk with @astroboysoup about Djed and how the community feels about stablecoins.

Watch the interview here: https://t.co/pHdIFNeJFV

$DJED $COTI @shahafbg @Cardano @Cardano_CF https://t.co/TWhyz6Vwt6

Interview w/ Shahaf Bar-Getten, CEO of @COTInetwork, about the #Djed #algorithmic #stablecoin. I wanted to better understand the minting &amp; burning mechanics, the incentives/risks, how it compares to $UST &amp; the stigma of algo stablecoins.

https://t.co/2KBzzVIuVo https://t.co/5eXXwpXUQN

Twitter

Shahaf Bar-Geffen was invited to talk with @astroboysoup about Djed and how the community feels about stablecoins.

Watch the interview here: https://t.co/pHdIFNeJFV

$DJED $COTI @shahafbg @Cardano @Cardano_CF https://t.co/TWhyz6Vwt6

Interview w/ Shahaf Bar-Getten, CEO of @COTInetwork, about the #Djed #algorithmic #stablecoin. I wanted to better understand the minting &amp; burning mechanics, the incentives/risks, how it compares to $UST &amp; the stigma of algo stablecoins.

https://t.co/2KBzzVIuVo https://t.co/5eXXwpXUQN

Shahaf Bar-Geffen was invited to talk with @astroboysoup about Djed and how the community feels about stablecoins.

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