The past month marked major milestones for Pendulum as we charged ahead at full speed on integrations, partnerships, and community growth. With the completion of Q3, more progress was made towards our mission of empowering financial inclusion in September. Read on further about these key developments, global events attended, community engagement, and so on.
💡 Ecosystem Highlights
AMPE Liquidity Bootstrapping on Zenlink
The $AMPE token has completed its Liquidity Bootstrapping Period (LBP) on Zenlink DEX, marking a major achievement on its journey to public listing. The LBP offers a unique opportunity to acquire AMPE tokens before the official launch on Zenlink DEX. You can participate with either $KSM or $AMPE tokens using Polkadot.js.
AMPE Now Tradable on Zenlink
Following a successful LBP, $AMPE was listed on Zenlink DEX. Liquidity providers can now add $AMPE/$KSM to earn fees and LP token rewards.
Check out our video to help you get familiar with Zenlink’s UI for both executing swaps and providing liquidity for the $AMPE / $KSM pair.
Pendulum Partners with Fearless Wallet
We’ve collaborated with the leading Dotsama wallet, Fearless Wallet, to improve $PEN accessibility. This partnership was showcased at Pendulum’s Global DeFi event in Rio, offering guests firsthand experience of transacting $PEN with Fearless. Together we are bridging the gap between traditional finance and DeFi, advancing our goal of a more inclusive financial landscape.
🏦 Governance Updates
- Referendum #10: Kusama wallet holders received AMPE tokens to participate in the LBP, expanding community involvement.
☎️ Community Engagement
- AMA with Fearless on Partnership and Rio Event: Fearless Wallet hosted an AMA with us, covering our partnership announcement and event in Rio where guests activate $PEN via Fearless Wallet to access exclusive merchandise. We discussed our project origins, focusing on UX excellence, and building strong communities in DeFi. Here’s the recap of the AMA
- Polkadot September Community Call: We shared our collaboration with Fearless Wallet and the details of our upcoming Brazil event during the Polkadot community call.
- Product Pioneers Campaign Rewards Sent Out: Thanks to all who participated in the Pendulum Product Pioneers campaign on Airlyft! Rewards have been distributed for the valuable feedback received.
🥂 Events
Pendulum’s team attended major events worldwide in September, including Sub0, Payments Leaders Summit, Token2049, Berlin Blockchain Week, and Fintech Summit Latam, expanding our presence in the space and forging valuable connections.
Berlin Blockchain Week
Our Co-Founder, Alex had the opportunity to share his insights during a panel discussion at Berlin Blockchain Week. He spoke about Pendulum’s vision for connecting fiat and DeFi to enable greater financial access. Alex highlighted use cases like bringing forex liquidity on-chain and integrating traditional services with DeFi.
Token2049
Our team had the opportunity to raise awareness and forge partnerships at a booth in the Polkadot Pavilion at Token2049 in Singapore. The event allowed us to expand our presence in Asia and bring our mission of financial inclusion worldwide to new audiences.
Sub0 Event
Our CTO, Dr. Torsten, had the honor of presenting at Parity’s Sub0 developer conference in Lisbon. He took the stage to discuss Pendulum’s upcoming smart contract roadmap and how it will empower developers to build dApps on our chain. Big thanks to the event that allowed us to showcase our vision for supercharging real-world use cases on Polkadot.
🧵 Thread Highlights
Crypto Nova highlighted Pendulum’s vision of bridging traditional finance and DeFi in an engaging Thread. She explained how Pendulum aims to bring forex liquidity on-chain through offerings like the Spacewalk bridge and Nabla AMM. Overall, it conveyed why Pendulum could pioneer new DeFi use cases for fiat currencies worldwide.
With the $AMPE’s successful LBP and Zenlink listing completed, plus milestones like our Fearless Wallet collaboration in Rio, September marked a major step forward. As we enter Q4, our focus is on boosting adoption in key markets through localized partnerships and events. More collaborations are in the works to further our goal of seamless integration between TradFi and DeFi’s capabilities. Stay tuned as we continue expanding access to decentralized finance for all.
About Amplitude
Pioneering the internet of fiat. Amplitude is the sister network of Pendulum on Kusama. It will act as a testing ground for Pendulum applications and network parameters and be powered by the AMPE token.
About Pendulum
Building the missing link between fiat and DeFi through a fiat-optimized smart contract blockchain based on Polkadot’s Substrate. Allowing traditional finance fiat services to integrate with DeFi applications such as specialized forex AMMs, lending protocols, or yield farming opportunities. Developed by SatoshiPay.
Keep your eyes on the Pendulum!
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