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Standard Protocol is joining Shiden Network!
We’ve secured the Builder Program grant form Shiden Network with unanimous vote from core team and committee!
Why Shiden Network
Shiden Network is Astar Network(formerly Plasm)’s canary network on Kusama. Recall our latest Product Roadmap, we aim to publish our canary version on Kusama through parachain auction in Q4. Shiden, as a multichain dApp Hub on Kusama, is therefore a highly valued partner for Standard Protocol to move towards this direction, by leveraging Shiden layer 2 solution and welcoming community.
Our Roadmap on Shiden
Standard will be launching our first MVP, our stablecoin MTR, on Polygon by end of Sep. As for Shiden, not only we will release a stablecoin, we will be the first native stablecoin on Shiden Network, which unlocks financial opportunities to its community in both bullish and bearish market.
This will be the first time Standard Protocol involves in supporting the development of new chain in early stage, by empowering them with one of the most essential Defi puzzles, a native stablecoin, as soon as Day One. This won’t be the last one. Hereby I welcome any of you if your network need a hand. Together, we fly.
Oh one last word, remember the glitchy images months ago? It’s DOX.
We will come back to this in later announcements.
About Astar Network/Shiden Network
Astar Network (previously known as Plasm) is a dApp hub on Polkadot that supports Ethereum, WebAssembly, and layer 2 solutions like ZK Rollups. Astar aims to be a multi-chain smart contract platform that will support multiple blockchains and virtual machines. Shiden Network is a sister network of Astar Network and a dApp hub on Kusama.
To learn more about Shiden Network: Website
To learn more about Astart Network: Website
About Standard Protocol
Standard Protocol is the first Collateralized Rebasable Stablecoin (CRS) protocol for synthetic assets that will operate across multichain ecosystem. It has been granted with #DefiForAll Fund from Polygon and is also the first and only project from Korea to be awarded a Polkadot Web3 foundation grant and prides itself on its global community growth approach.