Pendulum Docs
  • Learn
    • Welcome to Pendulum
    • Our Journey
    • Litepaper
    • Tokenomics
      • Token Utility
      • Unlocking Vesting Tokens
    • Roadmap
    • Grants Received
  • Build
    • Introduction
    • Network Parameters
    • Build Environment
      • Local relay chain setup
      • Local Pendulum chain setup
      • Pre-Configured Pendulum
        • Install
        • Configure
        • Launch
        • Sub-commands
          • export-genesis
          • generate-specs
          • generate-docker
      • Foucoco (testnet)
      • Troubleshooting
    • Developing dApps
      • ink!
    • Node Operators
      • Collators
        • Collators List
        • Set up Collator
          • Hardware Requirements
          • Ubuntu Installation
          • Docker Installation
          • Keys Management
          • Become a Collator
          • Node upgrade instructions
      • Spacewalk Vaults
    • Integrations
      • Indexers
      • Oracles
      • Wallets
    • Spacewalk (Stellar bridge)
      • User
        • Spacewalk Step-by-step guide
          • Asset Redemption Post-Vault Liquidation
      • Operating a Vault client
        • Getting Started
          • Testing it locally
            • Building pallets and testchain
            • Creating test accounts
            • Testing the vault client
        • Usage
          • Issue assets
          • Redeem assets
        • Collateral and Liquidation
          • Recovering a vault after liquidation
        • Fees, Costs and Incentives
        • Vault rewards
          • Claiming Vault rewards
        • Troubleshooting
          • Generating metadata
    • Forex AMM
      • Architecture
      • Swap User Guide
      • LP User Guide
        • Swap Pools
        • Backstop Pool
        • Cross Interaction
      • Coverage Ratio and Slippage
      • Deployment Parameters
      • Security and Audits
    • Technical FAQ
    • Status reports
      • 22-10-11 Foucoco stopped after runtime upgrade
  • Community
    • Crowdloan
      • Sign T&Cs for rewards
    • Staking
      • Choosing a Collator to Stake with for $PEN Staking Rewards
      • Delegation
      • Rewards
      • Further Operations on Delegators
    • Testnet Faucet
    • On chain identity guide
    • Cross-chain transfer KSM
    • Using Ledger
    • Governance
    • PEN and AMPE Wallets
    • Add PEN/DOT Liquidity to StellaSwap
    • Pendulum Grant Program
    • Amplitude Grants Program
    • Ambassador Program
    • Ambassador Bounties
  • Resources
    • FAQ
    • Links
      • Website
      • Github
      • Social Media
    • Audits
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  • What is Pendulum?
  • Built on Substrate
  • What is the Big Picture?

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  1. Learn

Welcome to Pendulum

NextOur Journey

Last updated 1 year ago

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Pioneering the internet of fiat. Pendulum blockchain offers composable financial services using stablecoins to businesses, fintech companies and builds the future of forex on DeFi.

On this site, you'll find information and documentation on the project and network, as well as technical docs for developers, node operators, users, and other Pendulum communities.

Help us help you: As Pendulum evolves, so will our documentation. We welcome everybody to participate with recommendations for updates to these docs. Please reach out to us on or with any feedback.

What is Pendulum?

Pendulum Chain is a smart contract blockchain network connecting fiat rails to the decentralized finance ecosystem. By bridging robust and compliant fiat-pegged tokens from the most prominent blockchain networks into the vibrant DeFi ecosystems, Pendulum addresses the ever-growing demand for fiat liquidity in DeFi. Behind the development of the open Pendulum protocol is , a fintech company which has developed blockchain products since 2014.

Built on Substrate

Substrate is a blockchain framework developed by Parity Technologies. The framework was used to build Polkadot. The advantages of Substrate are many: in addition to having native compatibility with the Polkadot chain, Substrate has cross-coding language support, forkless upgrades with built-in upgrade coordination, deterministic finality (for fast consensus reaching), and a suite of pre-built but customizable components (“pallets”).

What is the Big Picture?

The tools of money have changed to be evermore inclusive and accessible in an increasingly globalized and borderless world. Humans have evolved from trading metal coins to investing in stocks and sending online bank transactions. However, the centralized traditional financial systems, which historically provided these tools, tend to be unable to deliver flexible and composable services. Global fiat transfers and interactions in traditional finance suffer from high fees, slow speeds and limited optionality. In contrast, the explosive growth in the world of DeFi has brought about tools for building innovative financial products for future generations. But to date, bridging compliant fiat fintech services over to DeFi ecosystems has not been easy. Pendulum was created to be this bridge.

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