📢 Big news! KicksPad is featured in Rootstock’s 'Building DeFi on Bitcoin' series. 🎉 Check out the article to learn how to navigate our platform and fund innovative blockchain projects. Let's continue to grow and innovate together! Read the Full Article...

📢 Big news! KicksPad is featured in Rootstock’s 'Building DeFi on Bitcoin' series. 🎉 Check out the article to learn how to navigate our platform and fund innovative blockchain projects. Let's continue to grow and innovate together! Read the Full Article...

Catch up on our exciting developments in May 🚀 📌 X: https://x.com/crownyio/status/1799102055753363489

Catch up on our exciting developments in May 🚀 📌 X: https://x.com/crownyio/status/1799102055753363489

6. Shido Dex: Zokyo Dex audit complete with a max score. This means all smart contract logic is completed. - the backend. There is full on activity with several devs now on V3 on all parts of it because we have integrated 1 inch and partnered,integrated Axelar for cross chain and are now working on the UX - User experience. We want to make it flawless, really attractive platform before launch. Launch date - estimation - 2 to 4 weeks give or take - really soon. In June. Will be a huge launch. Showed you the Governance module - took Polygon like a year or so to launch theirs - we are working fast. This applications looks very good and works really well and we are working toward deployment of that meaning all stakeholders will be able to make proposals. You can submit and start to vote, etc. It is important and launching soon. 7. Legal Team: Implemented a new legal team led by one of the best digital asset specialists and corporate lawyer here in Sweden. He has worked behind some prominent crypto projects. Already we have new terms of services, new critical notice, new privacy policy - they are responsible for all of our contracts, legal opinions, etc. When you start to work with institutions - like our meeting with USDC - its a must and demanded full on. We are stepping up with this! 8. Game: Shido Ball Beta testing starts in June. You can apply if you are interested in testing and gaming.You will firsthand to give feedback. We are also building a gaming platform where we can launch more mini games on Shido Network - others will also be able to launch mini games on our platform. I was asked why we are doing this. This particular game, Shido Ball, will trigger transactions - lots them which in return burns Shido on chain reducing sell pressure and deflating the supply, hands on. Thats the 9. Fiat ramps - To onboard new users - we already partnered with and use Transak, Mercuryo, Banxa, Alchemy Pay in the previous wallet and are Shido supported companies - partners. Main focus will be working with Transak and Banxa first. With Banxa, you can buy native Shido directly on the web. We will have a subdomain on shido.io and easily buy with Fiat. For Shido app, integration with Transak and Banxa - on and off ramping. Not only with credit cards, but Transak supports bank transfers to buy native Shido. 10. Audits: Was asked about more chain audits. We will do audits on all upgrades. We need to weigh in cost allocation. Do we want another chain audit straightaway now for 100s of thousands of USDT or use it to buy tokens on the market instead when we already have a T1 audit company that approves us. More audits with come. With Zokyo, had a meeting Tuesday, and will continue to work them throughout the year. We produce constantly new code and it goes to them for 3rd party auditing.

Shido Update June 7 https://x.com/i/spaces/1PlJQDPnrdvGE 1. Shido Network: Over 1.4m blocks produced, 850k transactions and most importantly ZERO DOWN TIME. Constant search in activity -increasing accounts. Good credits for that - often new chains can be ghost chains in the beginning. 2. Chain upgrade: Working on in the background. Ultimate goal is to improve the Network and optimize it even more. Will be up voted on in consesus and up to the stakeholders if we implement. Full proposal will be out next week. We want to do the chain upgrade right away not July or August. 3. Burning/inflation: Want to increase the on chain burning and make it transparent and verifiable for everyone. We are increasing the transaction fee to 4.3 Shido on each transaction and we have built a public burn pool and the full amount of every transaction goes directly to that burn pool. On the monthly approval from the stakeholders, everything in the burn pool will get burnt. We want to implement the full dashboard with Shidoscan where you can follow all the burning. We wish to decrease the inflation to 7%. In reality, putting us below average compared to Cosmos, Solana, Kava. Also below all the ecosystems that don't have everything in circulation where tokens constantly unlock on a monthly basis. If you look at it historically, the Cosmos inflation average has been around 12-15%. We will be half of that. On the other hand, historically due to that I could see that Atom and other have struggled with that. So lowering, the already modest inflation, is a priority. ** Long term strategy: 1% of the inflation will goes directly toward a community incentive pool. This pool then gets 1% of the inflation and has the sole purpose of incentivizing users of the ecosystem. This is important to continue to drive adoption for years - long term. We have to be able to offer,decent, sustainable APIS which attracts new users and API on lending, farming, boosted API for providing liquidity, trading campaigns that triggers volume which triggers deflation. We need to allocate this to work long term. Developers have also been able to reduce latency even more optimizing some partial decode, also have a few points for enhancing the security as well, low severity issues but still improvements coming from Zokyo. All rewards earned by Shido in the consensus when we are running nodes will go to the community rewards, providing liquidity back to the ecosystem. Regarding burns in general, the effect depends on what you are burning. If you just burn the supply that has just been sitting in the bridge, collecting dust, and not really in circulation, there is really no difference. If Shido foundation burns supply that could have been used to grow the ecosystem. Then one can ask themself if it could have come to a better use such as liquidity to CEX or sold for USDT with a prominent VC - which would have given us more opportunities. What you want to burn are hot tokens in circulation that directly affects the sell pressure - thats the best. For that burning on transactions these are tokens out there in movement you are taking straight away. Nonetheless, we have implemented burning system to become deflationary. Mathematically, once the volume allows so - the set up is there. 4. Great news! Native USDC is now fully integrated on Shido TestNet. Its fully working and we have tested it thoroughly. A massive cornerstone with the native stable coin for the ecoystem. It being integrated and working on Testnet means that the heavy lifting is done. Almost completed. Great news. 5. Hackathon: June 17th - We have developers starting to register.Over 60 grants applications with some really good projects. Game fi, defi projects including lending, obviously we can't fund and support everything. We have the luxury of picking a bit. We will announce when we approve a new team. The good news is that we don't really have to hunt and search - projects coming to us.

Its Friday 💪 What a week it has been, we have so much exciting things in the pipeline for the next month ➡️ So @everyone keep your 👀 on this space ⬅️ We are happy to announce the first opportunity to win a **whitelisted**role for the upcoming Decimated: Death Valley NFT Collection **🥇 1 X Decimated Death Valley Free Mint + Decimated Alpha Access + $25 Decimated Merch Voucher 🥈 1 X Decimated Death Valley Free Mint + Decimated Alpha Access 🥉 1 X Decimated Death Valley Free Mint + Decimated Alpha Access Rank 4 - 100 Get Whitelisted for the Decimated Death Valley NFT Collection + Decimated Alpha Access** A new Zealy sprint will launch tomorrow at 5pm GMT. You can head over now and get yourself onboarded 🏄‍♂️ https://zealy.io/cw/decimatedofficial/questboard New quests will be added frequently so make sure to keep checking back for opportunities to rank up and be in the top #100 <:FistTrophyemoji:887678011384668250> Also a little bird told me that something spicy is dropping on 11/6 🥵 🌶️ 🎬

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