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12/27/2023

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Djed Update — Latest APR’s and Delegation Rewards Distribution

We are pleased to share with you the latest Djed update.

Djed Update — Latest APR’s and Delegation Rewards Distribution

We are pleased to share with you the latest Djed update.

At the time of writing, the current TVL is 41,359,892 ADA, and the reserve ratio is at 440%, giving users the opportunity to mint and burn both $DJED and $SHEN. Djed is now overcollateralized by more than 4X!

SHEN holders benefit not only from the increased value of SHEN, but also from the mint and burn fees. Additionally, both SHEN and DJED holders can provide liquidity on different DEXs and platforms for extra rewards. Here are some of the latest APRs :

MuesliSwap —

ADA/DJED — 48%

ADA/SHEN — 10%

Wingriders —

ADA/DJED — 30%

ADA/SHEN — 12%

Minswap —

ADA/DJED — 46%

ADA/SHEN — 8%

VyFinance —

ADA/DJED — 47%

ADA/SHEN — 12%

Liqwid —

Only DJED — 24%

Delegation Rewards

Delegation rewards for SHEN holders were distributed for the following Epochs:

Epoch 444

-Snapshot time: November 1, 2023 at 12:18:25

-11,087.75 ADA have been distributed amongst 2877 SHEN holders.

-Slot number in epoch 444: 397967

-Absolute slot number: 107274767

Epoch 445

-Snapshot time: November 2, 2023 at 12:57:14

-14,618.09 ADA have been distributed amongst 2905 SHEN holders.

-Slot number in epoch 445: 54743

-Absolute slot number: 107363543

Epoch 446

-Snapshot time: November 6, 2023 at 19:22:40

-11,582.57 ADA have been distributed amongst 2828 SHEN holders.

-Slot number in epoch 446: 425712

-Absolute slot number: 107734512

Epoch 447

-Snapshot time: November 12, 2023 at 13:49:17

-13,947.52 ADA have been distributed amongst 3102 SHEN holders.

-Slot number in epoch 447: 57859

-Absolute slot number: 108230659

Epoch 448

-Snapshot time: November 26, 2023 at 6:48:14

-13,345.90 ADA have been distributed amongst 3222 SHEN holders.

-Slot number in epoch 448: 121026

-Absolute slot number: 109589826

Epoch 449

-Snapshot time: November 28, 2023 at 17:45:17

-13,354.54 ADA have been distributed amongst 3222 SHEN holders.

-Slot number in epoch 449: 158431

-Absolute slot number: 109627231

Epoch 450

-Snapshot time: November 28, 2023 at 17:46:02

-12,539.01 ADA have been distributed amongst 3222 SHEN holders.

-Slot number in epoch 450: 158458

-Absolute slot number: 109627258

Epoch 451

-Snapshot time: December 1, 2023 at 21:16:27

-13,442.79 ADA have been distributed amongst 3240 SHEN holders.

-Slot number in epoch 451: 430304

-Absolute slot number: 109899104

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ORIGINAL SOURCE

https://medium.com/cotinetwork/djed-upda...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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