Shido DeFi - CDP Protocol & Stablecoin
Shido CDP System is currently in development and is set to launch on Shido DeFi early 2024.
The CDP Protocol issues Shido native stablecoin which is a multi-collateral backed stable currency, soft-pegged to the US Dollar. Fully decentralized and supported by several multi-chain assets such as BTC and Ether.
Shido CDP Protocol stands without a centralized authority and issues the new Shido stablecoin out of a basket of reserve assets. Using new innovative blockchain solutions to implement traditional finance.
Shido native stablecoin enable users to transact and facilitate financial services without the price volatility.
Learn More 👉 Shido.io/stablecoin