Cryptocurrencies
Shentu
This is Shentu's flagship feature, designed to enhance the security of DeFi protocols by providing reliable and tamper-proof data feeds.
Tags:CryptocurrenciestokenShentu is a blockchain platform focused on providing secure infrastructure for decentralized applications (dApps). It’s particularly known for its Decentralized Security Oracle, which bridges DeFi smart contracts with industry-leading security services.
Core Features:
- Decentralized Security Oracle: This is Shentu’s flagship feature, designed to enhance the security of DeFi protocols by providing reliable and tamper-proof data feeds.
- ShentuShield: A security module that offers protection against various vulnerabilities, including hacks and exploits.
- CTK Token: The native token of the Shentu ecosystem, used for governance, staking, and paying transaction fees.
How Shentu Works:
- Security Oracle: The oracle collects and verifies data from multiple sources to provide accurate and reliable information to smart contracts.
- ShentuShield: This module monitors smart contracts for potential vulnerabilities and provides alerts and protection mechanisms.
- CTK Token: The token incentivizes network participation, provides governance rights, and facilitates transactions within the Shentu ecosystem.
CTK Token:
- Utility: CTK is used for paying transaction fees, staking to earn rewards, and participating in governance.
- Governance: Token holders have voting rights on platform decisions.
Benefits of Shentu:
- Enhanced Security: Shentu’s security features aim to protect DeFi protocols from vulnerabilities and attacks.
- Reliable Data Feeds: The decentralized security oracle provides accurate and tamper-proof data.
- Community Governance: Token holders have a say in the platform’s development.
Challenges:
- Competition: The blockchain security and oracle space is competitive.
- Adoption: Gaining widespread adoption for a new security platform can be challenging.
- Technological Complexity: Implementing complex security solutions requires advanced technical expertise.
CTK | |
Total supply: | 135,870,692 CTK |
Contracts:
BNB Smart Chain (BEP20) |
0xa8c2b8eec3d368c0253ad3dae65a5f2bbb89c929 |
X: | @ShentuChain |
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