FAQ

What is Pendulum?

Pendulum is an open-source blockchain that aims to establish the missing link between the fiat and the DeFi ecosystems through a fiat-optimized smart contract blockchain Pendulum is built with Substrate and will allow connecting DeFi applications to the foreign exchange market, building automated market makers (AMMs) to introduce scalable liquidity pools for fiat currencies, and create yield earning opportunities for fiat token holders.

What is Amplitude?

Amplitude is the canary network on Kusama of its sister blockchain, Pendulum. Amplitude & Pendulum aim to build the missing link between fiat and DeFi through a fiat-optimized smart contract blockchain. Amplitude will act as a testing ground for applications & network parameters for Pendulum and be powered by the native AMPE token. The successful parachain auction raised more than 24,080 KSM (approximately $1,172,930) means Amplitude now has a live Kusama parachain slot. Who are SatoshiPay?

SatoshiPay are the developers of Pendulum. They were founded in 2014 with the mission of connecting the world through instant payments. Learn more about our journey here.

How can I purchase PEN & AMPE tokens?

The PEN token can be acquired on the MEXC centralized exchange. AMPE is scheduled to be listed on the Zenlink DEX soon.

What is the tokenomics for the PEN & AMPE tokens?

The AMPE tokenomics are published on our Medium blog. PEN tokenomics will be decided and published closer to the PEN token launch.

What kind of smart contracts will the Pendulum & Amplitude VM support?

Pendulum will support EVM as well as WASM smart contracts. Learn more about why Pendulum supports WASM here.

Is there a possibility to use XLM for gas fees on Pendulum & Amplitude?

TX fees will be settled in Pendulums and Amplitudes native token PEN & AMPE, however, we are exploring accepting other tokens to settle transaction fees as well.

What is Spacewalk?

Spacewalk is a framework for trust-minimized and decentralized bridges. It enables Polkadot parachains to connect to various blockchains in a unified manner. Spacewalk solves multiple challenges that bridge builders encounter, such as connecting to chains that don’t support smart contracts or SPV. As an example we present a bridge to Stellar that supports multiple assets and stable coins and share our concept for bridging to other ecosystems like Celo or Solana.

What is a Polkadot parachain and how does this relate to Pendulum?

Polkadot is a layer zero network of connected blockchains that we call parachains. Polkadot offers parachains security and interoperability between each other and the many different blockchains in the cryptoverse. Polkadot hosts crowdloans and auctions for new parachains to join the network.

How to setup a Talisman wallet?

Follow our step-by-step guide to setup a user-friendly Talisman wallet in a few minutes.

How to setup a Polkadot.js wallet?

Here is a 5 step guide on how to set up a Polkadot.js wallet. Alternative wallets include imtoken, trustwallet, tokenpocket, coolwallet, safepal, Ledger Nano X, atomic wallet and more.

What is Pendulum's relationship with Stellar?

Stellar has a multitude of fiat-pegged stablecoins on its network which will be able to interact with DeFi via Pendulum. Stellar issued SatoshiPay a R&D grant to develop Pendulum in June 2021.