RE: I made a podcast on how I see #BLU moving12 Sep 2022 08:34
There has been quite a lot updated info on the website mainly detailing Amplitude tokenomics, Ambassador programme, and Pendulum grant programme, as well as re-iterating the upcoming Pendulum crowdloan.
For any new people here I thought this explanation of what Pendulum hope to achieve pretty well sums up the potential/expectation. From a personal perspective I have come to the conclusion that the current crypto ‘winter’ has actually been positive for the pendulum project. These developments take a lot of time and work to code and it has given Pendulum some time to get established before the next Crypto/defi bull run which in all likelihood will/should/could be sone time in 2023.
So Pendulum aims to become the missing link between fiat and DeFi. Pendulum intends to connect fintech companies and forex markets with the opportunities of DeFi. To achieve this, the interoperable smart contract blockchain [Polkadot ](https://polkadot.network/)was chosen as the foundational layer zero to build on. With Polkadot’s advanced smart contract compatibility, an entire fiat DeFi ecosystem can be developed on the Pendulum chain including AMMs, lending protocols, forex optimized money markets, fiat yield farming opportunities and more. [Spacewalk](https://pendulum-chain.medium.com/introducing-spacewalk-the-trust-minimized-bridge-between-stellar-and-pendulum-68ddbe7349a0), the trust-minimized bridge between Stellar and all substrate chains, is under development. Cross-chain bridges linking Pendulum to Ethereum and all major crypto ecosystems are on the roadmap.