Cardano Djed Stablecoin Receives Big Code Upgrade: Details

Nigeria News News

Cardano Djed Stablecoin Receives Big Code Upgrade: Details
Nigeria Latest News,Nigeria Headlines
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Upgrade aims to incentivize more users to use protocol

The Djed protocol's chain index, which is used to compute prices and quote transaction costs while taking into account its current state and any pending orders, has been upgraded.

The upgraded version achieves improvement in the robustness and scalability of the chain index. Also, errors caused by invalid exchange rates will be reduced, thus improving performance.Pub User, an application that assists with producing orders and reflecting the current state of each participating wallet that owns DJED or Shen, has also received an upgrade. The application has been improved, providing an increase in responsiveness, performance and scalability.

Aside from the modifications stated above, which optimized the performance of the platform, COTI stated that the final update aims to incentivize more users to participate in the protocol. To achieve this, it announces some changes to operational fees and the minimum amounts of DJED or SHEN that can be minted or burned.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cardano (ADA) Reaches 'Adamantium' Support Level Once AgainCardano (ADA) Reaches 'Adamantium' Support Level Once AgainCardano has hit important support level it has previously used for retrace
Read more »

Cardano Defies Market Trends with Rising On-Chain Transaction VolumeCardano Defies Market Trends with Rising On-Chain Transaction VolumeDespite lagging behind its April peak, Cardano is making waves in the crypto community by defying broader market trends with a noticeable uptick in its on-chain transaction volume
Read more »

Don't Compare Cardano (ADA) to Shiba Inu (SHIB): Communities ClashDon't Compare Cardano (ADA) to Shiba Inu (SHIB): Communities ClashSome Cardano members do not understand why ADA and SHIB are put on same lists
Read more »

Rogue's Iconic Savage Land Costume Gets a Dark Upgrade Courtesy of VenomRogue's Iconic Savage Land Costume Gets a Dark Upgrade Courtesy of VenomJourney to the Savage Land...
Read more »

US expects to upgrade Vietnam ties, risks China anger By ReutersUS expects to upgrade Vietnam ties, risks China anger By ReutersUS expects to upgrade Vietnam ties, risks China anger
Read more »



Render Time: 2025-08-28 13:17:04