Topic:Shadows-Synthetic Assets Power Trillion-Dollar Markets

Guest: Iror Chen(Shadows CEO)

Host: first of all, let’s welcome our guest Iror Chen. Please introduce yourself briefly.

Iror Chen: I first knew Bitcoin in 2013 and was attracted by its technology and decentralized idea. I kept learning new knowledge about cryptos and officially entered this field in 2015. Since then, I’ve been involved in projects like blockchain games, airdrop tools, and blockchain wallets. I’ve also led a community that focuses on sharing and learning blockchain knowledge. Last year I founded Shadows. Our team members are mainly distributed in China and the United States; they…


Dear Shadows Community,

The team are delighted to see that Shadows Dapp (beta) is well accepted by our community. Over the past few days, we have collected numerous useful suggestions — your effort is appreciated! Towards a successful launch of Shadows V1, we need your continued support and input. Here, we’d like to provide incentives to encourage you submitting bug reports as well as further comments regarding our beta.

Below are the rules:

1. Submission:

Send your report to our official email: contact@shadows.link. The title of the email should be ‘bug report for Shadows beta’ or ‘suggestions for Shadows beta’.


Background

Over the past year, the DeFi market has seen explosive growth in both the total value locked (TVL) and the number of users.

The adoption of DeFi applications will revolutionize traditional financial markets by improving the efficiency of financial collaboration and reducing intermediate costs. But for now, blockchain infrastructure is not perfect. First of all, the Ethernet infrastructure is not perfect, and the upgrade process is slow. Ecological growth on the Ethernet is hampered by high transaction fees. Second, BSC is highly centralized: most of the current BSC nodes are in the hands of Binance who itself decides who can…


We’re delighted to announce that our parachain Prism has successfully connected to Rococo!

about Rococo

Rococo is a Polkadot testnet built for testing parachains. Rococo utilizes Cumulus and HRMP (Horizontal Relay-routed Message Passing) in order to send transfers and messages between parachains and the Relay Chain. Every message is sent to the Relay Chain, then from the Relay Chain to the desired parachain. Rococo currently runs four test system parachains (Statemint, Tick, Trick, and Track), as well as several externally developed parachains.

about Prism

Prism powered by Shadows has several outstanding features: 1) built with Substrate, Prism is highly scalable and cross-chain capable; 2) Prism is compatible with other public chains such as Ether, BSC, which will…


Brief Information

Shadows is a hub for issuing, trading, lending and borrowing synthetic assets. Crypto Revolution is a successful cryptocurrency and blockchain Telegram channel made up of a group of enthusiasts, investors and traders. Besides sharing knowledge and discussing what is going on in the cryptocurrency industry, the channel, which has almost 10 000 members to date, hosts AMA sessions with many respected and upcoming blockchain projects to raise their awareness.

Here is our AMA session today,

1. Online interview.

2. Free Q&A session by Patrick and Community members. Patrick will pick some good questions

Danny | Crypto Revolution: Shadows Network AMA…


We’re delighted to announce that you’ll soon be able to trade DOWS tokens on Pancake Swap.

We’re very proud of all the work we’ve been doing recently to secure partnerships and integrations for Shadows. Synthetic assets represent a huge leap forward for how people can invest their money and benefit financially. Accessibility is how Shadows aims to be at the forefront of the emerging DeFi movement.

Having been built on Binance Smart Chain (as well as Polkadot), a launch on Pancake Swap makes perfect sense for Shadows. …


Built on both Binance Smart Chain and Polkadot’s multi-chain ecosystem, Shadows Network provides an alternative to traditional derivatives exchanges, removing the need for counterparties by allowing participants to issue synthesized asset tokens on a blockchain. Users can then enter into smart contracts to long or short underlying assets without owning them.

Synthetic assets on the Shadows Network are underwritten by the native DOWS token, providing the collateral required to mint the synths, later destroyed to settle the debt. Users can first stake DOWS and mint the xUSD stablecoin, backed by a minimum 800% collateralization ratio to secure enough liquidity against…


The traditional global derivatives market is valued at a staggering $1.2 quadrillion across futures, options, commodities, and other financial instruments. Shadows is at the forefront of an emerging decentralized trading platform movement seeking to disrupt this legacy market and bring financial derivatives to the rapidly growing defi space using synthetic assets.

Synthetic assets or synths are tokenized derivatives that represent real assets, tracking the price of stocks, currencies, commodities, digital assets, and other financial products without directly owning the underlying. …


We’re delighted to announce that we will be partnering with Poly Network, a groundbreaking heterogeneous interoperability protocol alliance.

Interoperability is the future of the blockchain industry. Poly Network is built to create a cross-chain solution for heterogeneous chains, and its vision is to facilitate seamless connectivity for the blockchain world. With Poly Network, authorized homogenous or heterogenous public blockchains can connect and communicate with one another. Following the mainnet launch on August 18, 2020, Poly Network has implemented interoperability with 9 heterogeneous chains including Bitcoin, Ethereum, Neo, Ontology, BSC, Heco, Elrond, Zilliqa and Cosmos-SDK. Since the launch, the protocol has…


Dear Shadows Community,

In the Shadows ecosystem, the Shadows Parachain is a very significant infrastructure, which will support the work of the various DeFi DApps of Shadows. We define the Shadows Parachain as: web3.0 scalable distributed DeFi infrastructure. It will have several key features such as being cross-chain, highly-efficienct, fast, convenient, and safe. The Shadows parachain will support the concept of the entire shadows ecosystem aircraft carrier.

In order to let the Shadows community be actively involved in the process of our ecosystem development, we hereby hand over the naming of the Shadows Parachain to the hands of the community…

shadows network

Shadows is a hub for issuing, trading, lending and borrowing synthetic assets https://www.shadows.link/#/

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store