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Shido DeFi - CDP Protocol & Stablecoin

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.

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