Introduction:
In the ever-evolving landscape of decentralized finance (DeFi), the demand for stability amidst market turbulence remains paramount. DJED, a battle-tested stablecoin, has emerged as a beacon of reliability in the crypto world. As the crypto community yearns for opportunities to participate in DeFi without exposing themselves to the risks of volatile markets, DJED has taken a bold step by expanding its presence beyond its native blockchain.
This article explores the exciting integration of DJED onto the BNB Chain, offering users a new gateway to DeFi opportunities through the Thena platform:
DJED Expands Its Reach: Now Available on BNB dApps!
If the past few months have taught us anything, it’s that there is an incredible demand for a safe, battle-tested stablecoin that can weather the storms of volatility. People want to participate in DeFi, but want to do so without the risk of losing their investment to unstable market conditions. It’s the main reason why we’ve been receiving requests to integrate DJED into other blockchains.
Following on from our announcement of DJED becoming a multichain token, we are excited to present one of the first use cases of DJED on the BNB Chain!
We are happy to share that DJED can now be used on the Thena platform. With the introduction of wrapped DJED onto the BNB chain, Thena now offers a DJEDUSDC liquidity pool where users can deposit both coins and earn APR for their deposits.
Thena.fi is a native liquidity layer and decentralized exchange (DEX) on BNB Chain. They offer token swaps, liquidity pools, yield farming, governance and NFT staking.
You can add liquidity here: https://www.thena.fi/analytics/v1/pair/0x80551245c562380140668b7df20a7e9c773d21bd
To get started, you’ll first have to bridge your DJED over to BNB Chain using the Chainport bridge. You can watch our easy-to-follow video tutorial here.
After connecting your BNB compatible wallet to Thena, you can either swap wrapped DJED for other tokens or provide liquidity to the USDC/DJED liquidity pool.
As more and more chains see the value of DJED in their ecosystem, we aim to bring greater adoption across a range of dApps.
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Conclusion:
With DJED’s integration into the BNB Chain via the Thena platform, the DeFi community gains a valuable asset that combines stability with versatility. Users can now participate in liquidity pools and yield farming while enjoying the reassurance of DJED’s stable value. As the crypto space continues to evolve and embrace the potential of DJED, the future holds promise for even more innovative use cases and greater adoption across various dApps. Stay tuned for updates as DJED’s journey in the DeFi ecosystem unfolds, bringing stability and opportunity to all who seek it. Stay COTI, and embrace the future of DeFi with DJED!
