Cardano Stablecoin Djed - Why, How, Risks, & Rewards + SHEN!

Talking to Shahaf Bar-Geffen who is the COTI CEO about the new Cardano stablecoin Djed. We cover over alot of topics from what is Djed, algorithmic stablecoins, fiat backed stablecoins, how Djed works, rewards for SHEN holders, over collateralisation and much more.

Djed Testnet - https://djed.xyz/
Djed Explanation -    • Cardano's Stablecoin Djed - Good Pote...  

⏲️ Timestamps ⏲️
0:00 Intro to Djed interview with Shahaf
1:05 Interview start with Shahaf
1:38 Who is Shahaf and COTI
3:28 IOG and COTI partnership for DJED
4:48 What is DJED algorithm stablecoin
7:16 Are fees paid to SHEN holders?
9:15 Initial liquidity for SHEN
11:48 Launching in a bear market is good
12:47 How minting DJED and SHEN works
15:18 Other non ADA assets backing DJED
17:56 DJED partnerships
19:28 Will DJED be on other blockchains?
21:02 Will COTI be on Cardano?
21:21 Is there KYC or restrictions with DJED?
23:10 When will COTI Launch?
23:25 Will DJED / SHEN be on centralised exchanges?
25:10 Incentives to mint DJED rather than buy
26:48 Staking rewards from locked ADA
29:10 Will COTI run stakepools
30:08 Summary of SHEN token and benefits
33:05 DJED / SHEN fees
35:08 Who controls the governance of DJED

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🎯 Stake Pool Info 🎯
2 Pools under the ticker PAUL & PAUL1
Pool 1 ID: 86a19d5418cd07294af7d71386cf14a84e0478fbfde5b89fe4d98a58
Pool 2 ID: a89b86373838360143aba3911eaae54bf9420868965d48d447e4510a

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Disclaimer: Everything in this video is my own opinion and is not financial advise as I am not a financial advisor. I am just a random guy on the internet with a big passion for crypto