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Cardano (ADA) Stablecoin DJED Launches on Liqwid Finance

Published 03/03/2023, 02:45 PM
Updated 03/03/2023, 03:00 PM
Cardano (ADA) Stablecoin DJED Launches on Liqwid Finance
ADA/USD
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  • Liqwid Finance has announced the launch of its DJED market.
  • DJED is now available for lending and borrowing on Liqwid.
  • Liqwid has also prompted SPOs to upgrade liquidation bots.
Cardano (ADA) is having an impressive start to 2023. The ecosystem is actively announcing new developments and partnerships, with the show-stopper being the possibility that the Age of Voltaire is inching closer, which will propel the ecosystem toward full decentralization.

Liqwid Finance is a decentralized interest rate protocol for lending on Cardano, and DJED is Cardano’s pioneering decentralized stablecoin.

On March 2nd, 2023, Liqwid Finance announced the successful launch of its DJED market, as well as the “addition of qDJED as a collateral for the ADA market.”

Lending and Borrowing DJED

Liqwid Finance has stated that the front end of the...

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