CSP DAO Project Review: Pendulum

The emerging DeFi ecosystem has created highly optimized markets for crypto assets, but not yet for fiat currencies. Compliant on-ramps and off-ramps into the traditional financial world are inefficient or non-existent. As a result, the traditional finance world is largely disconnected from DeFi.

Introducing Pendulum — a sophisticated smart contract network dedicated to connecting fiat rails to DeFi. Bridges to Ethereum, Polkadot and Stellar ensure broad ecosystem interoperability. Through stablecoin standards, financial services like cross-border payments, savings accounts, lending and the $6.6 trillion/day Forex market can be connected to DeFi.

Pendulum’s vision is to use the power of blockchain technology to create an open financial system that overcomes borders and fosters economic inclusion.

MARKET POSITIONING

Pendulum connects Stellar’s on-ramps and off-ramps to DeFi. Pendulum fills two primary gaps in the blockchain ecosystem.

USE CASES AND BENEFITS

TOKEN UTILITY

$PEN is the utility token of Pendulum Network. $PEN token serves multiple utility purposes in the ecosystem.

  • Gas fees
  • Validator node staking and
  • Network participation

TOKEN METRICS

TOKEN STATS

TOKEN RELEASE SCHEDULE

ROADMAP

PARTNERS AND INVESTORS

TEAM MEMBERS

LINKS

Telegram: https://t.me/pendulum_chain

Medium: https://pendulum-chain.medium.com/

Twitter: https://twitter.com/pendulum_chain

CSP DAO’s investments and Partnerships

Recommended from Medium

Crypto1 — Bitcoin vs. Ethereum: The Differences?

Distributed Financial Market Infrastructure and the Disintermediation of Digital Assets

iBG Finance Announces Flash Lottery Open To All Crypto Enthusiasts

Why Build on Cardano

Crypto Credit & Lending Platforms — Are your funds safe? (Part 2)

🚀What has @propelxyz achieved and what awaits him in the front. Detailed article👇

Christian Victorius x Kommunitas KOL Partnership

Augur Challenges for Unlocking Crypto

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Bitcoin Dood

Bitcoin Dood

Likes to write about cryptocurrency, blockchain and deFi

More from Medium

Volatility DAO Weekly Community Update (Jan.2-Jan.9)

SHUTTLEONE TOKEN OFFERING ON INSTARAISE

ARC FINANCE: THE FUTURE OF DeFi

How ItsyBitsy is easing cross-chain accounting and financial reporting