Pendulum is a smart contract blockchain built on the Polkadot Substrate framework, operating as a parachain. Its primary mission is to establish a critical link between the fiat-based traditional financial system and the emerging world of DeFi. It aims to achieve this by creating an optimized environment for fiat-backed stablecoins, allowing traditional financial services like foreign exchange (forex) to be seamlessly integrated with DeFi applications. The project was initially developed by SatoshiPay and is designed to provide developers with the tools to build applications that leverage the benefits of both financial worlds, such as automated market makers (AMMs) for forex markets.

Founded in

Mexico