Pendulum aims to become the missing link between fiat and DeFi and connect fintech companies and forex markets with the opportunities of DeFi. To achieve this, the interoperable smart contract blockchain Polkadot was chosen as the foundational layer zero to build on. With Polkadot’s advanced smart contract compatibility, an entire fiat DeFi ecosystem can be developed on the Pendulum chain including AMMs, lending protocols, forex optimized money markets, fiat yield farming opportunities and more. Spacewalk, the trust-minimized bridge between Stellar and all substrate chains, is live on Amplitude and soon to be live on Pendulum Mainnet.
Pendulum Achievements to date
1. Received Stellar R&D grant to build Pendulum chain prototype