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Cardano Ecosystem

COTI

01/25/2023

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Djed is Scheduled to Launch Next Week!

We are pleased to share another update about Djed’s progress and to inform you that the launch is scheduled for next week.

Djed is Scheduled to Launch Next Week!

We are pleased to share another update about Djed’s progress and to inform you that the launch is scheduled for next week.

In the past few days, we’ve had some listing news:

Bitrue has announced that they will list $DJED and $SHEN on their exchange platform.

Djed’s DEX partner Wingriders also hinted on Twitter that an announcement is coming soon.

These are the technology developments we are currently working on:

We started the chain index syncing process. This process may take 14 days, and as we started the sync a week ago, we expect to complete it next week and be ready to launch. As of right now, this is the only technical bottleneck holding up the launch.

As part of our effort to stake the ADA that is deposited to the Djed smart contract and generate extra rewards for $SHEN holders, we are developing a snapshot mechanism and UI that will be added to djed.xyz, where $SHEN holders will be able to track these extra rewards.

We have added the ability to cancel an order. Users will be able to click on the “refund button” and their transaction will be canceled (as long as it hasn’t been processed).

Djed is receiving excellent coverage, and we are grateful to those spreading the word.

In the coming days, leading to the launch, we will continue to share articles and videos to educate about Djed.

Djed is coming!

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