800 percent collateral in reserve right?
To mint 1 DJED, we need at least 4 doller shen(shen will be minted from ADA)
So, to mint 1 djed, we need 5 doller worth of ADA to be locked 🔒 right? (assume ada price is constant for now)
Is my assumption is correct?
That means bullish*5 on ADA
1doller ADA to mint DJED
I suggest to go through this chat... These guys explained same stuff really well https://t.me/COTInetwork/731623
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