Name : Shido (SHIDO)
SHIDO Price : $0.001 -5.8%
Consensus Mechanism : Proof of Stake
Volume: 1,157,516
Market Cap: 17,189,221
Shariah Judgement
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Last Screening: Q1 2024
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Overview
Shido is a decentralized Cross-Chain Ecosystem focused on building next-generation DeFi services with sustainability at its core. The Shido Network operates as a climate-neutral blockchain, utilizing a Zero Carbon Footprint program to ensure minimal environmental impact. Powered by a Layer 1 Proof-of-Stake Blockchain and interoperable with Cosmos, EVM, and WASM environments, Shido offers superior speed, scalability, and flexibility for developers. Their decentralized exchange (DEX) platform provides a comprehensive suite of DeFi services, including cross-chain swaps, liquidity protocols, and a perpetual DEX for decentralized futures trading. Additionally, Shido offers innovative products like the Shido DeFi Card, enabling users worldwide to access liquidity and spend crypto seamlessly. With upcoming features such as the Shido Launchpad and Shido IDE, alongside existing offerings like Shido Market NFT, Shido aims to establish itself as a leading player in the decentralized finance landscape while fostering sustainability and accessibility within the crypto ecosystem.
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