DeFi
Bridge
What is Pendulum?
Pendulum is set to revolutionize the integration of fiat currencies with the DeFi ecosystem, building on several core strengths:
- Developed by SatoshiPay: Leveraging years of blockchain expertise since 2014, Pendulum aims to bridge the gap between traditional finance and decentralized finance (DeFi).
- Built on the Substrate Framework: Utilizes the adaptability, Polkadot compatibility, and robust development features of Substrate to facilitate blockchain innovations.
- Seamless Fiat and DeFi Transactions: Enables frictionless transactions between fiat-pegged stable tokens and the rapidly growing DeFi market.
- Innovative Features: Includes cross-chain bridges like Spacewalk for Stellar, forex-optimized networks, and advanced smart contract capabilities to enhance functionality.
- Opt-In Compliance and Privacy: Integrates mechanisms for adherence to traditional finance regulations while enhancing transaction privacy.
- Scalability and Security: Leverages Polkadot’s shared security model to boost transaction capacity and efficiency, ensuring a scalable and secure platform.
- Experienced Leadership: Guided by industry veterans from SatoshiPay, such as Meinhard Benn, and supported by blockchain experts like Danny Masters.
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Pendulum’s mission is to establish itself as essential infrastructure for integrating compliant fiat services with DeFi, working towards a future where decentralized and traditional finance merge seamlessly.
Last time updated: 29 March, 2024.