Polkadot & Kusama ecosystem projects directory
Polkadot & Kusama ecosystem projects directory

Pendulum

DeFi

Pendulum is an open-source blockchain that aims to establish the missing link between the fiat and the DeFi ecosystems through a fiat-optimized smart contract blockchain.

Pendulum is built with Substrate and will allow connecting DeFi applications 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.

Relative Project:   Amplitude  Amplitude
Tokens:  PEN
Status
Announced
Testing
In Auction On Polkadot
Auction
polkadot
Polkadot
Auction 35: WINNER
Leasing: February 13, 2023 - December 18, 2024
Parathread ID: 2094 
Funds Raised: 299 997 DOT ($1 979 980)
Leading Blocks:  100%
Reward: 1 DOT : 11+ PEN
Crowdloan Cap: 300 000 DOT
Reward Pool: 6m of 200m (3%)
  • 10% of PEN will be available at TGE
  • 90% of PEN will vest/unlock linearly (every block) over a 96 week period
  • 3% bonus for Amplitude contributors
  • 5% for signing up on the waitlist
  • 5% for Amplifier campaign participation
  • 15% bonus for contributions in the first 100,000 DOT
  • 10% bonus for contributions between 100 001 and 200 000 DOT
  • 5% bonus for contributions between 200 001-300 000 DOT
Screenshots (1)
Developer Activity
If you have a connection to this project, kindly Contact Us to keep the details current
Primary Token:
PEN
Total Supply:
200 000 000
Crowdloan Reward Pool:
6 000 000 (3% of Total Supply)
PEN Distribution
News
Jan 30, 2023 at 21:13 UTC
Dec 23, 2022 at 04:41 UTC
Last Bid: 299 997 DOT
Leading Blocks: 100%
Leasing Period: February 13, 2023 - December 18, 2024

Pendulum has won Polkadot Auction #35
Dec 14, 2022 at 19:17 UTC
Dec 12, 2022 at 08:22 UTC
Dec 9, 2022 at 14:16 UTC
Dec 1, 2022 at 22:03 UTC
Nov 24, 2022 at 19:58 UTC
Nov 7, 2022 at 15:24 UTC
Oct 31, 2022 at 16:45 UTC
Oct 31, 2022 at 15:29 UTC
Oct 21, 2022 at 15:44 UTC
Oct 18, 2022 at 15:09 UTC
Oct 4, 2022 at 20:52 UTC
Sep 20, 2022 at 14:27 UTC
Sep 13, 2022 at 17:30 UTC
Sep 1, 2022 at 21:01 UTC
Aug 8, 2022 at 12:48 UTC
Aug 8, 2022 at 12:48 UTC
Jun 28, 2022 at 18:16 UTC
May 19, 2022 at 15:24 UTC
May 9, 2022 at 13:22 UTC
May 6, 2022 at 10:39 UTC
Pendulum project has been added on parachains.info
Feb 28, 2022 at 15:27 UTC

Are there any Pendulum tokens available?
No tokens have been released by Pendulum. Any existing tokens with the same or similar name have no affiliation with us.

How can I purchase PEN tokens?
Currently there is no option to purchase PEN tokens. Participating in the upcoming crowdloans is the best way of obtaining tokens.

Where can I use the Testnet?
The Rococo Testnet is scheduled to launch in Q3 this year.

When is Pendulum going to launch?
Pendulum Kusama Mainnet is projected to launch in Q3 this year. Pendulum Polkadot Mainnet is projected to launch in Q4 this year.

When is the TGE (Token Generation Event)?
We will generate tokens when rolling out the Kusama and Polkadot Mainnet respectively.

When will Pendulum participate in a Kusama & Polkadot parachain auction?
We are planning to participate in both parachain auctions. The Kusama crowdloan will likely start in Q3 this year. The Polkadot crowdloan is projected to start in Q4.

What kind of smart contracts will the Pendulum VM support?
Pendulum will support EVM as well as WASM smart contracts.

Is there a possibility to use XLM for gas fees on Pendulum?
TX fees will be settled in Pendulum's native token PEN, however, we are exploring accepting other tokens to settle transaction fees as well.

What is Spacewalk?
The Spacewalk bridge will enable Pendulum chain to utilize the multitude of fiat stable tokens on the Stellar blockchain and help build the fiat DeFi future. Spacewalk is the first bridge between the Stellar network and the Polkadot/Kusama ecosystems, which opens up a flow of stable tokens from the Stellar network. Based on XCLAIM and interBTC, it is implemented as a Substrate pallet and allows any Substrate-based blockchain to implement a direct Stellar bridge.