PEND

Since the beginning of the year, we have been working on developing Pendulum, an open-source blockchain that aims to establish the missing link between the fiat and the DeFi ecosystems through a sophisticated smart contract network. Pendulum will be built with Substrate and will allow connecting DeFi to the foreign exchange market, building automated market makers (AMMs) to introduce scalable liquidity pools for fiat currencies, and create yield earning opportunities for fiat token holders.