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What is Shiden?

Shiden Network serves as a decentralized application layer that operates on the Kusama Network, which itself does not support smart contracts. This limitation creates the need for a dedicated layer for smart contracts, a gap that Shiden Network successfully addresses. Since its launch, Shiden has maintained compatibility with the Ethereum Virtual Machine, WebAssembly, and various Layer2 solutions, which enhances its adaptability. The platform supports a variety of applications, spanning DeFi, NFTs, and many others. Token holders of SDN enjoy the ability to stake their tokens across various decentralized applications, providing opportunities for both nominators and developers to earn additional SDN tokens. For those interested in deploying Solidity smart contracts, there are two main compilation methods: using Ethereum tools or Solang, a specialized compiler that converts Solidity code into WASM. Once the contract is compiled, it can be deployed on the Dusty Network testnet, an ideal space for development and testing purposes. This level of flexibility and array of choices significantly enhances Shiden Network's attractiveness within the larger blockchain landscape. As the ecosystem continues to grow, Shiden Network's role in facilitating diverse applications is expected to expand even further.

What is Acala?

Boost your decentralized application (DApp) on the Polkadot network by harnessing the capabilities of Acala, a smart contract platform that effortlessly connects with Ethereum and is designed specifically for decentralized finance (DeFi) applications. Acting as the central liquidity hub and DeFi network within the Polkadot ecosystem, Acala operates as a layer-1 platform focused on scalability, compatibility with Ethereum, and augmented DeFi features, including integrated liquidity and pre-existing financial solutions. Developers can take advantage of Acala’s trustless exchange, the decentralized stablecoin aUSD, and DOT Liquid Staking (LDOT), along with EVM+ capabilities, to capitalize on the benefits of both Ethereum and the extensive features offered by substrate technology. This integration facilitates the management of assets and derivatives based on DOT, as well as access to a stablecoin native to Polkadot and various cross-chain assets from leading platforms such as Bitcoin and Ethereum. Moreover, Acala's framework is meticulously designed for enhancements in DeFi, allowing for continuous upgrades without the need for forks, thus enabling new functionalities to be seamlessly integrated based on developer requirements. Additionally, the innovative on-chain 'keepers' serve to automate operations within the protocol, which not only improves risk management and user experience but also permits transaction fees to be paid using almost any token available, showcasing the platform's versatility and user-centric approach. This comprehensive ecosystem empowers developers to create more robust and efficient financial applications while fostering a more interconnected blockchain environment.

Media

Media

Integrations Supported

Ava Protocol
Blockdaemon
Ethereum
Kwikswap
Ankr
Blast
Centrifuge
ChainX
Cosmos
Dwellir
EmiSwap
Kryptos
Kusama
MetaMask
Notifi
OnFinality
Secret Network
Tres Finance

Integrations Supported

Ava Protocol
Blockdaemon
Ethereum
Kwikswap
Ankr
Blast
Centrifuge
ChainX
Cosmos
Dwellir
EmiSwap
Kryptos
Kusama
MetaMask
Notifi
OnFinality
Secret Network
Tres Finance

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Shiden

Company Website

shiden.astar.network/

Company Facts

Organization Name

Acala

Date Founded

2019

Company Website

acala.network/

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