What is Shido Ecosystem – Layer 1 Proof-of-Stake Network (SHIDO)

Shido Ecosystem is a prominent Layer 1 Proof-of-Stake Network that provides exceptional speed and limitless scalability. What sets Shido Ecosystem apart is its seamless interoperability with Cosmos, EVM (Ethereum Virtual Machine), and CosmWasm. It provides developers with the freedom to select their preferred environment.

Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (SHIDO/USDT – Trade it here) on the Innovation Zone! Check it out now!

What is Shido Ecosystem - Layer 1 Proof-of-Stake Network (SHIDO)
What is Shido Ecosystem – Layer 1 Proof-of-Stake Network (SHIDO)

Introduction to the Shido Ecosystem

Shido is a distinctive and robust ecosystem, offering cutting-edge DeFi utilities. The Shido Ecosystem provides a secure and appealing haven for investors, thanks to its tokenomics designed to attract serious stakeholders. It prioritizes safety with fully audited smart contracts and a liquidity pool securely locked for an impressive 100 years.

Part of their strategic roadmap involved initially offering Shido on the Binance Smart Chain (BSC) through a Fair Launch, which has grown organically and laid a strong foundation. Now, they are taking the exciting step of bridging to the Ethereum Network (ETH) via their developed ETH-bridge. This move not only opens doors to new investors but also sets the stage for the entire ecosystem and the Shido Exchange.

In the upcoming months, Shido is gearing up to launch a series of utilities and platforms. The revenue generated independently from =DeFi utilities will be reinvested into the ecosystem through a series of buy-backs and burns. Meanwhile, the development team is actively working on various utilities. This includes Shido Chain, Shido Exchange, Shido Wallet, Shido Card VISA, Shido Perpetuals, Shido NFT Marketplace, and Shido Games.

What Are the DeFi Utilities in Shido Ecosystem

Shido has unveiled a comprehensive suite of cutting-edge DeFi utilities. Many of these utilities are in the final stages of development and are currently undergoing beta testing before their official launch.

Shido ETH-Bridge

One significant milestone of Shido is the launch of the Shido ETH-Bridge in April 2022. This bridge enables seamless connection with the Ethereum Network (ETH), opening the doors to new investors and expanding the scope of the entire ecosystem. It’s a crucial step that sets the stage for the introduction of other utilities.

Shido Exchange

Shido Exchange represents the next generation of decentralized exchanges. It caters to Web 3.0, iOS, and Android users. This state-of-the-art exchange brings new features to the cryptocurrency space and offers swift and convenient asset swapping using SHIDO, BSC, and ETH. It also bridges the gap between a professional trading platform and a simpler swapping service. This offers a wider range of features that are highly sought after by today’s investors.

Shido Wallet

Additionally, Shido Wallet is on the horizon, providing a secure and up-to-date solution for trading SHIDO and other cryptocurrencies. This user-friendly wallet boasts features such as multi-chain asset storage, fiat integration, a reflections tracker, a contact list, and more. Security is a top priority, with biometric 2-layer authentication complementing your wallet password for enhanced protection.

Shido Staking Platform dApp

For those interested in staking, they are developing the Shido Staking Platform dApp. This state-of-the-art platform includes an integrated dashboard for yield farming and staking. With just a click, you can stake your SHIDO tokens and start earning daily rewards, all with a short lockup period.

Shido Perpetual Trading & Lending

Lastly, introducing the Shido Perpetual Trading & Lending. It represents a V2 layer of their decentralized exchange. This DeFi aggregator offers perpetual trading and collateralized loans with impressive speed and the lowest fees. It also supports cross-margin trading, with leverage of up to 100x, providing advanced trading options for users.

Where to buy SHIDO Token

You can find SHIDO Tokens here at MEXC! We are listing SHIDO/USDT in our Innovation Zone!

What is the Price of SHIDO Tokens?

The SHIDO Token is currently trading at MEXC with a live price of $0.0006673. You can check the live price of their token right here!

How to buy SHIDO Tokens on MEXC

You can buy SHIDO Tokens on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “SHIDO” using the search bar to see the available trading pairs. Take SHIDO/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of SHIDO you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy SHIDO] to confirm your order. You will find the purchased SHIDO in your Spot Wallet.

You can find a detailed guide on how to buy SHIDO Tokens here.

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Meanwhile, check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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