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COTI - Currency of the Internet COTI - Currency of the Internet
MACH Collector-

@Musthaveben @princeCotinetwork correct me if i'm wrong. Djed/Shen will be

native to the Cardano chain yeah?

#coti #cryptocurrency #english
0

4 ответов

15 просмотров
Vladyslav | COTI-

COTI collects fees on both the minting and burning of Djed and of the reserve coin as the issuer of Djed on the Cardano chain.

0
26.03.2022
MACH Collector- Автор вопроса
Vladyslav | COTI
COTI collects fees on both the minting and burning...

okay yeah, that's what I remembered also. The Djed/Shen tokens are native to Cardano

0
26.03.2022
MACH Collector- Автор вопроса

that's a really cool infographic. Any that has Shen in it to show connection?

0
26.03.2022
Vladyslav | COTI-
MACH Collector
that's a really cool infographic. Any that has She...

The djed algorithm consists out of 2 coins and it’s explained in the whitepaper. It consists of the stable coin Djed and a reserve coin Shen. The reserve coin Shen is used to keep the peg on the stable coin. More information here: https://cotinetwork.medium.com/introducing-shen-djeds-reserve-coin-93847cd34442

0
26.03.2022

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