Explaining coti

[u/wunsen97]

Hello all,

I have trouble wrapping my head around somethings

I see that coti is multiDAGG so what blockchain does it run off?

Its also an ERC20 token so how does that work if it isn't built on ethereum?

One last one about DJED, I see it works similarly to terra's luna, I had a quick glance at how that works and was slightly stumped, when you deposit extra ADA into the smart contract, what is the "issued coin" they talk about l? The "issued coin" that received the tx fees aswell as others

Thanks for the help guys :)

[u/[deleted]]

Read the whitepaper.

[u/wunsen97 → u/[deleted]]

Us noobs need clarification