The Tron Foundation has launched a MakerDAO-style stablecoin emission system secured by crypto.
Something new. #DJED #TRON #TRX $TRX pic.twitter.com/k0rbDtjT0Y
— Justin Sun (@justinsuntron) March 28, 2020
Justin Sun declared concerning the creation of a “decentralized stablecoin secured by TRX and BTT” in January.
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The constructed network is called Djed. The USDJ stablecoin is tightened to the USD. Users can issue USDJ on bail TRX. BTT is not mentioned in this capacity.
Like the MakerDAO platform, Djed has a stability fee, a collateral elimination mechanism, and a project management community.