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Hi guys ..what do you think about DJed peg compares

to Terra usd ..does anyone know if the problem that Terra usd faced won't happen with DJed?

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Djed is based on an algorithmic design, and isn't limited to being pegged to the dollar. It can work with other currencies, as long as there are oracles providing the contract with the corresponding pricing index. You can read more here; https://iohk.io/en/blog/posts/2021/08/18/djed-implementing-algorithmic-stablecoins-for-proven-price-stability/

Great question, there's an ama coming soon in the near future which would be perfect for this question.

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