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AdaSwap Partners With COTI, Issuer of Djed Stablecoin

Published 12/21/2021, 09:15 AM
Updated 12/21/2021, 09:30 AM
AdaSwap Partners With COTI, Issuer of Djed Stablecoin
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  • AdaSwap joined hands with COTI, the developer of Djed.
  • AdaSwap builds a Cardano NFT marketplace with fixed, long term and high yield liquidity pools.

The Cardano network is one of the most solid projects in the industry that continues to gain support from different crypto projects in the space. This time, AdaSwap, an ecosystem builder that aims to be the first to establish a decentralized exchange on the Cardano network, joins hands with COTI, the developer of Djed, a Cardano-based stablecoin that explore ways on how its system can integrate the AdaSwap DEX.

The partnership will enable AdaSwap to find listing opportunities for Djed on the AdaSwap DEX. Also, it plans to examine ways on how it can use the algorithmic-based stablecoin network Djed is building. Lennon Qualmann, CEO of AdaSwap explained,

As a Cardano believer, I love seeing COTI’s strong involvement in the Cardano space, it shows the potential being created for the Cardano ecosystem by innovative participation.

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