SHEN Shen

Shen is the name for Djed’s Reserve Coin. Reserve Coins are digital tokens that maintain the algorithmic peg of stablecoins. Users can contribute to the stablecoin mechanism by providing the appropriate liquidity to maintain a sufficient peg ratio by trading Reserve Coins.

The Shen is a symbol of both royalty and symmetry. It has a deep connection with infinity, eternity, protection, and completeness given its circularity.

Users are able to maintain Djed’s USD currency peg while earning a share of transaction fees in the reserve pool by buying and selling Shen. Since the Reserve Coin is a tradable asset, holders can also profit from the short-mid term price fluctuations as an added incentive.