BASEDSTRATEGY 🟧 incoming, officially backed by the Based Angels team. The Higher Flywheel Machine is gearing up for liftoff 🫵
Tokenomics will be announced very soon 🪽
OpenSea has evolved.
Beta complete. Full token universe unlocked.
New rewards program live. Welcome to the new OpenSea — the best place to discover, own, and trade anything onchain.
Become a Plooshy Explorer! 🗺️🏘️
Hold 1 apartment from each of the 9 buildings, from small to large, to earn the Explorer Badge.
You can complete the Explorer Set multiple times. Each full set earns you another badge.
Own a place in every building across Plooshy Island and unlock access to all the exclusive items each one holds.
More cozy chaos awaits… 🦊🏝
Shido gives a quick recap over the last couple of weeks, showing a significant progress achieving new milestones.
✅ Zokyo DEX Audit Complete
✅ Governance Module Frontend Complete
✅ @1inch partnership and integration
✅ Native @USDC integration
✅ 1,000,000 Blocks produced
✅ 50% Surge in TXs
✅ Hackathon event 17th June
✅ Shido App update launched
✅ New Legal Team implemented
✅ Shido Netowrk chain-upgrade finalization
✅ Grant Program Expansion
✅ And more..
Are you ready for what's coming next?
Shido Network integration with @DeFiLlama stands ready for Shido DEX launch. DeFiLlama will track Shido Network, among the other chains, for TVL and other metrics.
As Shido will deploy liquidity into the DEX protocol, we shall take a fairly good jump in the ranking at start.
A new big Shido Hackathon is coming now in June. We welcome DeFi builders from all sectors to join the event. Pre-registration to open next week.
Hackathon tracks, Prize Pool, Documentation and Partners will be made available upcoming week.
Learn more 👉 https://t.co/Lc4gqjAvEo
Shido DEX V2 is now upgraded ahead of the anticipated V3 platform launch.
New swap with DEX aggregation powered by @1inch is live.
Trade now 👉 https://t.co/Dm62JBJuxe
#Shido, a blockchain network, could potentially reach a market value of $30 billion through a combination of strategic decisions, community engagement, and innovative technology adoption. Here are some ways $Shido could achieve this milestone:
1. Validator Burning Mechanism: Shido could implement a burning mechanism that involves validators. In this setup, validators would burn a portion of the transaction fees they earn, reducing the overall supply of Shido tokens. By decreasing the supply, the network could create scarcity, potentially driving up the value of the remaining tokens. This mechanism could also help stabilize the network by making it more resistant to inflation.
2. Increased Network Usage: To increase its market value, Shido would need to attract more users and developers. This could be achieved by offering unique features and benefits that other blockchain networks do not provide. For example, Shido could focus on improving transaction speeds, reducing fees, and enhancing security. By offering a superior user experience, Shido could attract more users, leading to increased demand for its tokens.
3. Community Engagement: The success of any blockchain project is often tied to its community. Shido could invest in community engagement by organizing events, offering incentives for users, and providing educational resources. By fostering a strong and active community, Shido could increase its visibility and attract more users, which could drive up its market value.
4. Partnerships and Integrations: Shido could also increase its market value by forming strategic partnerships and integrating with other blockchain networks and platforms. By collaborating with established players in the industry, Shido could gain access to new markets and users, further increasing demand for its tokens.
5. Token Buybacks: Shido could implement a token buyback program, where it uses a portion of its profits to purchase Shido tokens from the market. By reducing the supply of tokens, the network could create scarcity, potentially driving up the value of the remaining tokens.
In conclusion, Shido could potentially reach a market value of $30 billion by implementing a validator burning mechanism, increasing network usage, engaging with its community, forming strategic partnerships, and implementing token buyback programs. #DYOR #cosmos #ibc #lunc #luna #terra
An often overlooked metric is MC/FDV .. many don't realize ALL $SHIDO tokens are in circulation .. although there is 8% native inflation, this is a promising factor that lessens dilutive pressures .. along with its infrastructure + tiny MC, #SHIDO is an L1 that cannot be ignored
Shido Ball is a P2E game on Shido Network were players can collect and earn SHIDO coins. A leaderboard is showing the top ranked players.
For Shido Network it triggers a lot of on-chain transactions, which ultimately contributes to the burning of SHIDO.
https://t.co/BAaQq81Xl0
Shido is thrilled to have been adding reinforcements to the legal and compliance department of Shido. In response to the rapid evolvement of Shido ecosystem and the ever changing landscape of crypto space we have been making a comprehensive company reorganization to strengthen our position further.
It's important that Shido meets the absolute highest standards when it comes to compliance and regulations. As part of this transformation we have established a new legal department specialized to the task. The Shido legal team is dedicated to navigate the complex environment when it comes to regulations, compliance, terms of service, institutions and agreements.
Already new updates and agreements have been rolling out from Shido directly related to this, more news to follow.
Shido aims to stay in the forefront of crypto innovation.
🌐 https://t.co/9XY7qwubm0
Shido DEX V3 platform came out with an audit example score of 97/100 from Zokyo. That is a very good first report coming out of a T1 audit firm for such a vast build.
It really shows Shido is building on the highest level.