Overview
Open DJED is a free, open-source web app that lets you mint and burn the Djed stablecoin on Cardano by depositing ADA. You connect a Cardano wallet, choose an amount, and the app shows the cost and the reserve backing the coin before you confirm. It is a community-built alternative front-end to the original Djed app, built so people can interact with Djed without relying on a single provider1.
Djed itself is an ADA-backed stablecoin designed to hold a value near one US dollar, created by Cardano firms COTI and Input Output Global. Open DJED does not change that coin or its rules; it rebuilds the interface around it. The project comes from Artifi Labs, a software studio based in Portugal, and its code is published openly so anyone can read or contribute to it2.
Key Features
- Mint and burn from one dashboard. Deposit ADA to create Djed or Shen, or hand them back to redeem ADA, all from a single screen. Shen is the companion coin that absorbs price swings to keep Djed stable3.
- Full cost shown before you confirm. Each transaction lists the base cost, fees, and a refundable deposit up front, so you see exactly what you pay before signing3.
- Live reserve health. The dashboard shows the reserve ratio that backs the coin, in both US dollars and ADA. Minting pauses automatically when that ratio falls below a set floor, a protection built into the protocol3.
- Built-in transaction simulator. A simulator lets you preview the outcome of a mint or burn, and model Shen yield, before committing real funds4.
- Open code and many languages. The full source lives on a public repository under an open-source license, and the interface is offered in multiple languages1.
What to Expect
You land on a dashboard that shows the current state of the Djed reserve and a panel for minting or burning. Connect a Cardano wallet, pick an amount, and the app fills in the fees and deposit so there are no surprises at signing time. If you would rather look before you act, a separate simulator and an analytics view let you explore the numbers without moving any funds.
The app works against the live Cardano network and never holds your coins for you, so transactions go straight from your wallet to the Djed protocol. Because Open DJED is a rebuilt interface rather than the protocol itself, the actual minting and burning rules come from Djed, while the website handles how you see and trigger them.
The project is funded by the Cardano community through Project Catalyst and is maintained as a public good, with an active code repository and a roadmap tracked through funded milestones4.
