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Cardano’s Djed Now Available for Lending and Borrowing on Liqwid

Cardano’s overcollateralized dollar-pegged stablecoin Djed is now available for lending and borrowing on Liqwid.

According to Liqwid Labs, users could also use qDjed, a derivative of the stablecoin, as collateral to borrow ADA. The firm asserted that it would monitor the backend of things to ensure the user experience is satisfactory. 

(By OKOYA DAVID)

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