TM Rating: 67% |
Review Date: March 9th, 2021
Shadows is a decentralized synthetic asset issuance protocol built on Substrate. The value of these synthetic assets is underpinned by DOWS, and as long as DOWS is locked in a smart contract, synthetic assets can be issued. Being apart on Polkadot’s ecosystem, Shadows Network is a parallel chain focused on mapping real-world financial assets onto the chain and providing a decentralized trading platform and collateralized lending platform for synthetic assets While the project looks appealing at first as it is a mix of two hyped markets in the blockchain ecosystem, DeFi and Polkadot, we remain cautious about the project as the amount of te
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