All, do I understand it correctly if I say the

Question

COTI - Currency of the Internet

Achie

All, do I understand it correctly if I say the

maximum Market Cap of DJED, if pegged, is the Market Cap of ADA / 4?

#coti #cryptocurrency #english

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17.06.2022

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HeptaSean

Here is the answer with the 3%: https://t.me/COTInetwork/743334 (During the AMA, the display name was “Joachim Zahnentferner” – the pseudonym of the main author of the Djed paper. Don't know if it was really them, but wasn't called out by the admins.)

0

17.06.2022

HeptaSean · Accepted Answer

HeptaSean

Yep. And it's very theoretical. We want to use the market cap of ADA for a lot of other things – holding, staking, trading, native tokens, …. In the AMA, they sad that typically only something like 3% of the basecoin market cap is in stablecoins.

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17.06.2022

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