pretty sure it's just backed by shen. If djed fails, the initial shen "Accredited investors" get reked (but I don't think signifcant amounts of ADA would get dumped on the market destroying the value of ADA for those not involved with Djed or shen)
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pretty sure it's just backed by shen. If djed fails, the initial shen "Accredited investors" get reked (but I don't think signifcant amounts of ADA would get dumped on the market destroying the value of ADA for those not involved with Djed or shen)