We are pleased to announce that Shido DEX liquidity pools will be deployed on the mainnet next week.
We have successfully completed the testing phase on the Shido Network testnet. This mainnet deployment marks a significant milestone as we progress toward the official public launch.
Following the deployment, we will conduct a brief final testing on the Shido mainnet to ensure a seamless transition and optimal performance. We do not anticipate any impact on the user experience during this phase.
We greatly appreciate your continued support and, as always, encourage all users to provide feedback as we work to further enhance the Shido DEX platform.
🌐 https://t.co/9XY7qwubm0
Shido DEX V3 is set to launch on Wednesday, 4th September, marking a significant milestone for the Shido ecosystem. This new decentralized exchange platform introduces advanced trading features and improvements designed to optimize the user experience and provide greater flexibility for all users.
Shido DEX is the first native AMM DEX launching on the Shido Network, paving the way for countless opportunities for growth within the ecosystem.
Key Features of Shido DEX V3:
— 🔗 Advanced DeFi Aggregator: Aggregates deep liquidity from hundreds of sources across multiple networks, offering traders the best prices with minimal slippage at all times.
— 🌐 Cross-Chain Functionality: Seamlessly trade assets across different networks. Shido DEX V3 facilitates efficient cross-chain transactions at low fees, bridging together diverse ecosystems.
—⏳ Decentralized Limit Orders: Gain greater control over your trading strategies with the introduction of in-swap limit orders, enabling automated buy or sell actions triggered at predefined price levels.
— 📊 Comprehensive Portfolio Management: Manage and monitor your digital asset DeFi portfolio directly within Shido DEX V3, with enhanced tools for tracking performance and making informed decisions.
— 💦 Shido AMM Pools: With the launch of DEX V3, Shido pools go live for all users on our Shido testnet layer. The community and developers are encouraged to participate in creating tokens, providing liquidity, and trading the pools. This participation is crucial to ensuring that the user experience, robustness, and security of the pools are at the highest level.
Liquidity protocol deployment to the mainnet will follow shortly after testing.
—🛡 Protocols Audited by Zokyo: Security and integrity remain top priorities. Rigorous security protocols and thorough audits have been implemented to safeguard the platform.
The official launch of Shido DEX V3 is here. Together, we are advancing the future of decentralized trading.
🌐 https://t.co/9XY7qwubm0
$SHIDO has been building relentlessly! Their lightning-fast EVM chain and mainnet are live ⚡️
The upcoming Shido DEX V3 launch will bring upgrades requested by users, like Liquidity Pools and Limit Orders.
@shidonetwork should perform well, and with the chart looking bottomed out, I'm expecting big things ahead!
Shido DEX V3 Development Update
We are pleased to officially update substantial progress in the development of the Shido DEX platform.
In a major upgrade, route functionality has been successfully migrated to the frontend, resulting in a notable reduction in platform load times. We have also refined our liquidity processes to ensure mint transaction values are highly precise. The integration of real-time pool data and significant optimizations to the Swap screen, enhancing consistency and accuracy in liquidity deposits.
Furthermore, we have implemented advanced tracking APIs to deliver accurate dollar valuations across all assets on the platform. The integration of fiat onramps is currently underway, enabling seamless cryptocurrency purchases via credit card and bank transfer directly on the DEX platform.
We remain committed to keeping our community informed as we move closer to this pivotal launch. We look forward to announce the final date to the public.
🌐 https://t.co/9XY7qwubm0
Introducing the Shido Aggregation Layer
The Shido Aggregation Layer is a cutting-edge solution under development that allows users to sign transactions across multiple blockchains using a single account. This means users can manage all blockchain activities from one place, effectively connecting different blockchain ecosystems.
Solving the problem of liquidity fragmentation, the Shido Aggregation Layer is designed to simplify blockchain interactions, providing an intuitive, secure, and efficient platform for managing assets across diverse ecosystems.
Key Features of the Shido Aggregation Layer:
Unified Account Management:
Manage multiple sub-accounts across different blockchains from a single primary account, eliminating the need for multiple wallets and streamlining the user experience.
Advanced Security with Chain Signatures:
The Chain Signatures technology ensures secure and efficient operations by generating unique blockchain addresses through Additive Key Derivation, enhancing security and enabling seamless transactions across various networks.
Simplified Cross-Chain Transactions:
Traditionally, managing assets across multiple blockchains has been complex and costly. The Shido Aggregation Layer enables seamless transactions between blockchains in a single step, making it easier and more cost-effective to operate across different ecosystems.
Multi-Party Computation (MPC):
Integrates Multi-Party Computation (MPC) services, allowing independent computers to collaborate in creating secure signature shares without exposing private keys. This ensures transactions are signed securely by combining signatures from multiple nodes.
Efficient Gas Management with Multichain Gas Relayer:
The Multichain Gas Relayer allows users to pay gas fees with a single token across different blockchains, optimizing gas fee management, reducing transaction costs, and providing the best rates with minimal slippage.
Decentralized Transaction Relay:
Facilitates communication between different blockchains through the Multichain Relayer Server, ensuring efficient transmission of both pre-signed funding transactions and actual transactions. Future development includes further decentralizing this component by offering it as a client-side library.
This transformative technology is set to enhance the blockchain experience, and further updates will be shared as the development progresses.
For more information and the latest updates on development progress, visit - https://t.co/tDe8QgEe2m
Shido Network pools are now fully integrated into the main Shido DEX swap.
This integration allows users to seamlessly trade tokens across seven prominent networks from a single platform, offering the best rates, deep liquidity, and minimal slippage.
Final testing of the Shido Network mainnet integration is currently being conducted to ensure a smooth and reliable launch.
🌐 https://t.co/9XY7qwubm0
Did you know that @SkipProtocol now connects the Shido Network with over 100 ecosystems through a simple and intuitive cross-chain hub?
With just one click, you can easily bridge to Shido, expanding access and capabilities across the blockchain universe.
Get ready to unlock endless possibilities—experience seamless integration and limitless potential with Skip and Shido!
Swap to Shido 👉 https://t.co/65ivXhaD4M
Lets compare Layer 1s:
#ethereum 16m
#solana 12.8s
#dot 1m
#BNB 7.5s
#SEI 0.38s
$shido 0.5s in testnet. 0.3s achieved in stagenet and even lower reported by the devs.
Shido is lightening fast with native mainnet trading coming up on shido dex.
You haven’t bagged enough
Shido Ninja T2E Game is Officially Launched on @Telegram!
Step into the world of Shido Ninja. Play to earn. Burn Shido.
We are thrilled to announce the launch of our highly anticipated blockchain game! Seamlessly integrated with the Shido Network, players can now earn Shido while engaging directly with our ecosystem.
No downloads or installations required — start playing instantly in your Telegram app.
Play Now 👉 https://t.co/l9QHtAY0ZF
We are proud to announce a significant milestone in the development of the Shido Network. We have successfully upgraded and deployed the new Shido testnet. This upgrade doubles the throughput of the chain, achieving an impressive block time of only 500ms, which places Shido among the fastest chains in the space.
Explore the new testnet here 👇🏻
https://t.co/Ql2b0MPhSC
Our dedicated efforts continue as we aim to optimize the testnet even further. We are working towards a major mainnet upgrade to significantly enhance the network’s throughput. We continue to refine our technology to deliver the best blockchain experience for our users.
Stay tuned for more updates.
🌐 https://t.co/9XY7qwubm0