A Golden Finance report stated that ETC Grants DAO will fund the deployment of ETC's native stablecoins ERUSD and ECSD. ECSD is a decentralized dollar stablecoin developed by the Djed Alliance team, and it is a star stablecoin project migrated from Cardano (ADA) called DJED. It operates through a mechanism of over-collateralization and algorithmic stablecoin contracts, which automatically adjusts the stablecoin and reserve currency.
Esta página pode conter conteúdo de terceiros, que é fornecido apenas para fins informativos (não para representações/garantias) e não deve ser considerada como um endosso de suas opiniões pela Gate nem como aconselhamento financeiro ou profissional. Consulte a Isenção de responsabilidade para obter detalhes.
A Golden Finance report stated that ETC Grants DAO will fund the deployment of ETC's native stablecoins ERUSD and ECSD. ECSD is a decentralized dollar stablecoin developed by the Djed Alliance team, and it is a star stablecoin project migrated from Cardano (ADA) called DJED. It operates through a mechanism of over-collateralization and algorithmic stablecoin contracts, which automatically adjusts the stablecoin and reserve currency.