We are pleased to announce another partnership for Djed, Cardano’s overcollateralized algorithmic stablecoin, this time with Astarter. Astarter is a DeFi infrastructure hub on Cardano with four core applications including Launchpad, DEX, Money Market & Tech Service Platform. Astarter will be using Djed to bring native Cardano stable market pairs for highly liquid asset trading on the Astarter Decentralised Exchange (ADEX).
The initial aim of the partnership between Astarter and COTI is to bring native Cardano stable market pairs for highly liquid asset trading on the Astarter Decentralised Exchange (ADEX) which have the potential to increase stability and decrease speculation and volatility in adverse market conditions.
Chris Tang, Astarter’s CEO said: “As a DeFI infrastructure hub on Cardano, we are very pleased to be developing a long-standing partnership with the COTI team with the aim of bringing native Cardano stablecoin pairs for highly liquid asset trading on the Astarter Decentralised Exchange (ADEX)”
This partnership, along with the previous 34 we have announced, will ensure the proper and seamless utilization of $Djed and create an increased use-case for it across multiple platforms. Stay tuned for more updates.
About Astarter:
Astarter is a key DeFi infrastructure hub on Cardano with four core applications including Launchpad, DEX, Money Market & Tech Service Platform. We are developing decentralized finance applications for the Cardano ecosystem with the backing of EMURGO, which is a founding member of the Cardano protocol.
Astarter aims to elevate its contribution and bring broader possibilities to the Cardano ecosystem by providing fair, safe, and accessible open finance services. We are targeting to meet existing and future demand in accelerating DeFi apps, therefore empowering the next generation.
