Djed Stablecoin

Djed is an autonomous crypto-backed stablecoin protocol that has been implemented in multiple smart contract programming languages and deployed to multiple blockchains. The Djed Alliance is a global and open network of contributors with the mission to bring stability to the crypt

## Overview Djed is an autonomous stablecoin protocol designed to maintain a stable value through crypto-backed collateralization rather than centralized reserves or algorithmic mechanisms alone. The protocol operates as a decentralized system where stability is achieved through smart contract logic that manages collateral ratios, minting, and redemption cycles. Unlike fiat-backed stablecoins that depend on a trusted entity holding reserves, Djed distributes stability mechanisms across a transparent, auditable blockchain. The protocol was developed with research input from Input Output Global