Cardano-based DEX teases big news with Djed stablecoin builder wingriders Coti CardanoADA DeFi Blockchain
"Something BIG is coming to WingRidersDEX. Something you have been waiting for quite some time. WingRiders and COTI network announcement soon." WingRiders announced the news in a Twitter post, asking users to guess what the announcement could be.
In excitement, several users took turns trying to guess what the upcoming big announcement could be, with some saying it might be the launch of the Djed stablecoin.,"Well, with COTI up and the wingriders announcement, I am going to say: DJED is just around the corner."COTI, the native asset of the COTI network, was up 12% in the last 24 hours at $0.077. In August 2022, COTI announced the partnership between the Djed stablecoin and WingRiders.
According to a post made by the Djed stablecoin team on Twitter, the overcollateralized stablecoin is expected to launch this month, January. The COTI network announced that one of its goals for 2023 is to push Djed to become the dominant stablecoin on the Cardano network. It says that technical improvements for Djed will continue to roll out, including full Vasil support and staking through the smart contract.
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