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In the latest development in the cryptocurrency market the renowned analyst of the World of Charts proposes the favorable forecast for COTI, which is a less widely known but rapidly growing cryptocurrency. In an insightful X post, the analyst stated that COTI is well prepared to start a major bullish rally. The coin has already […]
COTI is in the bullish price territory and experiencing a surge in its value. As the overall market is in a bullish phase with Bitcoin’s recent surge, that is propelling a fresh wave of optimism among the market participants. COTI is benefitting from this positive market phase. After facing several weeks of volatility triggered by […]
Coti (COTI) has been facing a challenging period, with significant turbulence and a notable decline in value due to broader market conditions. Over the past month, COTI has experienced a nearly 25% drop, and its price has slipped 9% in the last week. This downtrend reflects the overall bearish sentiment dominating the cryptocurrency market in […]
Coti, a privacy-focused layer-2 protocol on Ethereum, announces a $10 million Coti v2 token airdrop, enhancing data security across Web3. (Read More)
The move comes nearly three weeks after COTI sent the first batch of operational fees to the Treasury. COTI, the blockchain-based payment platform in charge of the Cardano stablecoin Djed, announced today that it had sent the second batch of Djed’s operational fees to the COTI Treasury to distribute among users as staking rewards. Accordingly, […]
The post COTI Treasury Receives 2nd Batch of Djed Fees, APY Adjusted to 74.4% first appeared on The Crypto Basic.
COTI has announced the launch of Cardano’s Djed stablecoin on January 31st, 2023 - right on schedule.
Continue reading Cardano’s Djed Stablecoin Hits Official Release at DailyCoin.
DJED is expected to set the stage for more opportunities for the Cardano ecosystem around DeFi, payments, etc.
The Djed stablecoin is scheduled for roll out after the chain index syncing compeletes.
COTI has found a temporary solution to enable SHEN holders to receive delegation rewards when Djed launches. Holders of Djed’s reserve currency, SHEN, will receive rewards for ADA held in Djed’s smart contract at launch. COTI, the issuer of Djed, the Cardano stablecoin, revealed this in a Medium blog post shared on Twitter yesterday. According […]
The post Holders of Cardano’s Stablecoin Reserve Coin To Receive Rewards For ADA Deposits first appeared on The Crypto Basic.
Cardano’s stablecoin DJED is slated to go live next week, although an exact date has not been specified, as revealed by its developer COTI. The chain index syncing process, which would take a total of 14 days, was reportedly started a week ago, according to the COTI Network. This suggested that the launch will begin […]
The launch of the stablecoin on Cardano’s mainnet is expected to occur this month. COTI, a blockchain payment platform and the official issuer of Cardano’s algorithmic stablecoin Djed has inked a partnership with blockchain entity Yepple, which will facilitate NFT payments on Cardano using Djed. Yepple is a Florida-based firm that provides blockchain services, including […]
The post New COTI Partnership to Enable NFT Payments with Cardano Stablecoin DJED first appeared on The Crypto Basic.
Coti's MultiDAG 2.0 public mainnet went live on Thursday.
Cardano-based first-ever algorithmic stablecoin DJED would be rolled out in the month of January next year. This was revealed by Shahaf Bar-Geffen, CTO of the COTI network in a recent podcast hosted by a crypto-focused channel big pey. Earlier, Bar-Geffen stated Djed would be deployed to the mainnet once the Vasil Hard fork and the […]
Djed, the much-anticipated algorithmic stablecoin of the Cardano ecosystem has been successfully reactivated on the testnet.
The stablecoin will be backed and overcollateralized using solely cryptocurrency, including ADA and SHEN – the smart contract’s reserve token.
Binance Pay users can now send, receive, and make payments using COTI. Binance Pay, a cryptocurrency payment solution designed by Binance, has added support for COTI. The announcement was made today by COTI Network, a DAG-based Layer 1 platform. With Binance adding support for COTI, users of Binance Pay can now send, receive, and make payments […]
The post Binance Pay Adds Support for Cardano Stablecoin Issuer COTI first appeared on The Crypto Basic.
Revolut, a cryptocurrency-friendly digital banking startup, has expanded its list of cryptocurrency offerings. The company noted in an announcement that it added COTI Network’s native cryptocurrency to its financial app. “We are pleased to inform you that Revolut has added COTI (ERC20) to its supported crypto offering in their app! Revolut is building the […]
The post Revolut Adds Support for Cardano Stablecoin Issuer COTI Network (COTI) appeared first on The Crypto Basic.
Armadillo, a multi-chain impermanent loss (IL) protection solution powered by the Crypto Volatility Index (CVI) from COTI, will be using Chainlink Keepers on Polygon to automate IL protection payout. CVI operates a basket of volatility products, including Armadillo’s impermanent loss protection. The CVI team developed a toolbox of decentralized risk management solutions that are applicable […]
The post Chainlink Keepers chosen to automate impermanent loss protection payouts on Armadillo appeared first on CryptoNinjas.
COTI, a DAG protocol optimized for decentralized payment networks, announced today that it a formed a partnership with Trading Tent, a platform for trading any type of native Cardano asset within two wallets. Through this partnership, Trading Tent will integrate $Djed into their trading system to enable the stablecoin for buying and trading of Cardano […]
The post Cardano asset trading platform Tent integrates COTI stablecoin DJed appeared first on CryptoNinjas.
COTI, a DAG-protocol optimized for creating decentralized payment networks, today announced its latest partnership for Djed, Cardano’s overcollateralized algorithmic stablecoin, this time with MuesliSwap, soon to become the first hybrid DEX on Cardano. MuesliSwap will pair Djed with other coins on their DEX, making it possible for liquidity to be provided through Djed trading pools […]
The post MuesliSwap to make Cardano’s overcollateralized algorithmic stablecoin Djed available appeared first on CryptoNinjas.
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