Tron launched djed project a xerox copy of maker
Tron launched djed project a xerox copy of maker

Tron one of the best decentralized ecosystem in the crypto space ranked 15th on coin market cap according to daily volume

Recently tron founder justin sun announced the launch of djed a collateral loan interest based project on tron

Justin sun described this project as something new on the crypto space on his official twitter account

Sun launched the platform on jan 16 (2020) and let tron fans to select the projects name which is backed by tron (trx) and bit torrent (btt)

The Djed platform is currently live on tronscan website and shows a lot of similarities between MakerDao project

Many have criticized the djed project to be copied directly by the markerdao project.

Without looking into the code many assumed it to be as same as the maker's dao project by seeing at its terms.

The principles are exactly same with maker by using tron (trx) users can mint usdj by adding trx as collateral and a governance token called jed like mkr.

Djed is a lending platform usimg collateral debt position ( cdp). Users needs to pay stabilized fee as a interest rate on their loan.

Many people are accusing tron founder for copying maker daos project and launching it as djed on tron blockchain

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