luna
This could happen to tether too. Is this right ? Could tether collapse?
And how trust will be kept to djed?
Three quite different things. Tether is supposed to be backed by real USD. It is just that the company behind it is not totally transparent and there are questions, where these USD are: https://www.bloomberg.com/news/features/2021-10-07/crypto-mystery-where-s-the-69-billion-backing-the-stablecoin-tether
Read this FAQ https://cotinetwork.medium.com/djed-frequently-asked-questions-f636735be76
Is the Coti token not participating at all?
There is an operation fee (in addition to the fees built into Djed), which will benefit COTI holders, but other than that it is supposed to be a stablecoin on Cardano, not directly related to COTI.
Can you please elaborate this
Обсуждают сегодня