Pendulum
Pendulum is an interoperable blockchain network built on Polkadot’s Substrate framework, designed to serve as the missing link between traditional finance and the DeFi ecosystem. Its native asset, PEN, functions as the core utility token for Vortex Finance, a leading fiat-to-crypto ramping platform and global settlement gateway. PEN is used for network gas, staking to unlock tiered fee discounts on Vortex, and project bonding for asset listings. Operating under a strict deflationary model, PEN features a hard cap of 150 million tokens with zero ongoing inflation. By leveraging oracle-guided AMMs, Pendulum provides the decentralized infrastructure required for scalable on-chain Forex (FX) trading and stablecoin utility.
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Funny how the pendulum shifts 1. "GPT wrappers are worthless" → the value acrues to application layer 2. "AI will eliminate white collar jobs" → someone needs to manage all these AI agents and everyone is now saying white collar workers will rise due to AI 3. "Open source will never catch up" →
Like many in 2004, I ran a phpbb forum and creating Reddit was a great way to consolidate all those disparate forums (I'm thinking the pendulum will swing back now to decentralization as people seek probably human content).
We’re at that point in the cycle where we’re forgetting what the whole point was to begin with. The pendulum has now swung too far. https://x.com/loganjastremski/status/2060559253975290158
We’re at that point in the cycle where we’re forgetting what the whole point was to begin with. The pendulum has now swung too far.
.@RebeccaRettig1: "We're seeing a massive pendulum swing." On The Policy Protocol, she breaks down the NYT's CFTC story, saying governments have feared crypto threatens their control through fiat currency. That's why the last administration went so hard, and a reason why the current rollback could
Tokenmaxxing was cool for a hot minute. Now the pendulum is swinging back hard. When Uber’s CTO says they burned through their annual AI coding budget in 4 months, and their President says the ROI is still unclear, they’re not being anti-AI. They’re thinking from first principles. At Su
In design, this will be remembered as the colorless era: cars, buildings, movies, the chroma is being sucked out of everything. But of course the pendulum will eventually swing back, and then colorlessness will seem dated.
#AlchemyPay has teamed up with @pendulum_chain to integrate its native token PEN on its ramp. Now users can easily…
RT @rekt0x: 🧵 @THORChain Weekly #62 $RUNE Topics - Hardcap Reached - Recent Network Issues - Savers Yield - Incentive Pendulum - Community…
The Incentive Pendulum at work. When the network is under-bonded, Nodes are paid more. They bond more, increasing…