Cardano

Djed

Shen

<ul><li>Djed stablecoin upgrade enhances Cardano&#39;s DeFi ecosystem.</li><li>Enhanced Djed protocal includes optimized processes, reduced fees, and improved user experience.</li><li>Chain index and Pub User advancements bolster stability and scalability.</li></ul>In a remarkable stride towards enhancing the efficiency and user experience of the Djed stablecoin within the Cardano blockchain, COTI, the driving force behind Djed, has unveiled an expansive upgrade to the very core of the stablecoin&#39;s codebase. In a recent tweet, posted by COTI, the Djed protocol has undergone a transformative upgrade, enhancing Chain Index and Pub User functionalities.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/45047b8ff6c3426c8f52f0ad5d83879c.png" />This momentous step serves as a testament to COTI&#39;s enduring dedication to incessant progress and innovation within the decentralized finance (DeFi) realm. The enhanced Djed protocol ushers in an array of advancements, including meticulously optimized process flows, reduced minimum thresholds for minting and burning both DJED and SHEN tokens, and a significant reduction in operational fees.A standout feature of this upgrade is the profound enhancement of the Djed protocol&#39;s chain index. This integral element, responsible for calculating prices and transaction costs, now operates with heightened levels of resilience and scalability.Read full article at <a href="https://cryptotale.org/djed-stablecoin-ignites-defi-revolution-with-game-changing-upgrade/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Djed Stablecoin Ignites DeFi Revolution with Game-Changing Upgrade

CryptoTale

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