Here is what's new on Cardano network since Vasil update CardanoADA CardanoCommunity ADA Vasilhardfork Vasilupdate Cryptomarket
stated in a tweet that"Hydra is coming to Cardano one DApp at a time" in response to SundaeSwap's Hydra demo.
Cardano decentralized exchange SundaeSwap has disclosed a successful demo test of the Cardano scaling solution, Hydra, which it says represents a major leap for its scaling journey and Cardano as well.Djed, the algorithmic stablecoin created by Cardano and the COTI network, is now in the process of being finished. As reported by, the Djed team stated earlier that it was awaiting the Vasil upgrade that would allow for the scalability required to safely run the stablecoin on the mainnet.
Now that Vasil has successfully launched, one major thing left, according to the team, is the final audit results, which will see if any critical issues are discovered. If there are no issues, the Djed team says it will go ahead and deploy the stablecoin on the mainnet. According to new updates from the COTI CEO, Shahaf Bar-Geffen, the final audit report for the Djed stablecoin is scheduled for the end of November.
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