Tron Launches Djed, a Platform That Looks Suspiciously Like MakerDAO

Cointelegraph

Published Mar 30, 2020 10:12AM ET

Updated Mar 30, 2020 12:20PM ET

On March 28, Tron (TRX) founder Justin Sun tweeted to announce the release of Djed, a system for collateralized loans he described as “something new.” The platform was immediately criticized as many see it as a plagiarized version of MakerDAO (MKR).

Sun teased the launch on Jan. 16 when Sun let his fans choose the name of a planned decentralized stablecoin that was initially to be backed by TRX and BitTorrent Token (BTT).

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