Cardano ADA I Was Wrong

Cardano ADA: I Was Wrong

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Cardano ADA will launch DJED stablecoin with ADA minting mechanism. DJED vs UST

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TIMESTAMPS:
0:00 Cardano ADA
0:33 Cardano and stablecoins
1:23 What is Cardano DJED?
4:45 How DJED works
11:55 UST vs DJED

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45 comments

  1. Scammers are in the comments!! I will NEVER EVER contact you!!
    MoneyZG Crypto Course: https://moneyzg.academy
    OFFICIAL DISCORD: https://discord.gg/f7UNeqCZHn

  2. isn't shen just Luna with extra steps though? if how would an ada crash not affect djed if shen is backed with ada and djed is backed by shen?

  3. So, $SHEN is like $MKR And $DJED is $DAI in Ethereum ecosystem respectively?

  4. 9:28 Real life alchemy right here

  5. This protocol is not immune maybe better than luna but I’d like someone with strong mathematical skills to work out situations if there is an attack on Djed or Shen.I sense they will let it grow and do a coordinated attack. But I could be wrong. They want a dollar peg to be standard and I sense lots of forces will be out there to look for vulnerabilities. Remember,if this protocol fails it will have an impact on Ada regardless of a peg or not and to suggest otherwise is as good as saying if it is successful, the success of protocol won’t lift Ada and that’s a stretch. Great projects are a must for an ecosystem to grow and bad projects are recipe for stagnation.

  6. This guy looks cgi

  7. LUNA died ADA live 😀

  8. hector alvarado

    Great content.

  9. Christopher Thompson

    What happens if these African startups default on their loans?

  10. Anybody that sells ada is going to seriously regret it.

  11. Very informational

  12. How would DJED affect AFROSTAR in the coming years ????

  13. GGR TheMostGodless

    DJED: apparently we didn't learn anything from terra/luna collapse!! Crypto backed by crypto!! What can go wrong!!

  14. and coti?

  15. Nothing against ADA but I now see why so many non crypto people think it’s all a Ponzi, because algorithmic stable coins look very much like a Ponzi to them. New money coming in to satisfy previous commitments. TBH algorithmic coins are killing the industry in its infancy because it is never stable for long. They say that all fiat eventually goes to zero, but until that point, at least it’s guaranteed. Ever increasing inflation seems to be the price we pay for that. Stable coins, however, can only provide that guarantee once they have some measure of centralisation. Harsh, but true. It’s also true that the majority of people will NOT migrate to crypto until there is some guarantee. Maybe regulation will provide at least American s with some measure of guarantee.

    Remember in the world of finance, everything is open to being attacked and manipulated. If you create a peg, someone out there with big bags will try to exploit or break it and because crypto is still in its infancy, every coin that breaks deters the wider public from ever adopting it.

  16. This sounds kinda ponzi ish. Lmao. Good luck to y’all

  17. Excellent content, thank you!

  18. This is the people's and humanist's coin. Not Wallstreets. That's it. That's what Crypto is originally all about and why Cardano will succeed. That and bc of Charles being involved. The Steve Jobs of Crypto. The Che Guevara of Crypto.
    Power to the people. Cardano for humanity!

  19. EngineerPrepper

    Cardano and Coti will be powerhouses this year.

  20. As more money comes into specific crypto's, there will be more and more disinformation attempts

  21. Will there be something like anchor for DJED as well? Or can we only earn on the Shen Token?

  22. Nice video 👍

  23. This aged pretty well… now that Luna is down 99.99%+…

  24. Very informative. Thank you

  25. I'm still buying ada/usdt and I think cardano will be fine.

  26. I think I will spend some usdt on ada

  27. great video Im in ADA big time

  28. Hmm💪..I like luzion protocol which can be gotten from pancake cause the entire smart contract was done by scratch, not a copy and paste style. Nizar, full stack developer lead and his team, when through hundreds of hours to ensure every part of the smart contract logic wise were perfected🤗

  29. Manzoor kulathingal

    Do not trade with ada.. invest on it

  30. Big difference between UST and DJED is you can actually look at the research behind DJED.

  31. well done Tom Holland.

  32. Tone Adix Productions

    Y-5 FINANCE is the real deal

  33. Tone Adix Productions

    Just doyr don't rely on these market pump n dump YT influencers.. ad revenue is there objective

  34. Well done! Much better mechanism. How crazy what happened just 72 hrs after this video came out.

  35. luna is dead UST is dead

  36. After Djed survives a bear- and bullmarket, I'll get in.

  37. ADA is one of few projects that I'm confident in. It's down that's true but it always go up again though a bit. I keep holding it on bfx and waiting for a pump

  38. Lucien Pierre Jr

    oh man this kid is so smart and intelligent

  39. algorithmic stable coins did age well 😀

  40. Great video Man. 🍻

  41. ada the best stable coin

  42. Cheers Spiderman 🙏

  43. This is essentially how SigUSD works on the ERGO blockchain isn’t it?

  44. Down so bad 😭

  45. Alfons Vanbesien

    So, will the shen holders be obligated to hold their coins for extensive periods to eliminate price fluctuations of shen where accredited investors might retract their shen investments, causing shen to fall below the collateral rate of 400-800 procent?