Proof-of-stake blockchain platform, Cardano, has partnered with COTI, a DAG-based Layer 1 protocol, to launch what it refers to as an over-collateralized algorithmic stablecoin. The project said in an announcement provided to Cointelegraph that the stablecoin will be backed by excess collateral in…
#dagbasedlayer #overcollateralizedalgorithmi #algorithmicstablecoin #coti #layer #nov #cardano #djed #stablecoin #protocol
