redeemable at djed.xyz for $1 worth ADA but still why? How can it be not be considered as a depeg especially since it went down to $.84 yesterday
The market price of stablecoins can fluctuate on DEXs and CEXs due to demand, supply, liquidity, and market conditions but DJED holders can burn their DJED and redeem it for $1 worth of ADA on djed.xyz.
13% move...kinda correlates to ada move
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