Project Details
What are you building?
Vision: We envision a borderless financial system built on open, decentralized protocols.
Mission: We shall be the pathway into this borderless financial system; an open-source, multi-chain, self-custody crypto platform enabling billions to achieve financial sovereignty.
The roadmap for ShapeShift DAO’s product is ultimately driven by the community of FOX Token holders; an in-progress version is live at app.shapeshift.com 14. This multi-wallet, multi-chain app is architected for complete decentralization, and is powered by an open-source stack including HDWallet, Unchained, Chain Adapters, Swapper , and Web repositories, will enable completely decentralized access to DeFi protocols across any chain. Additionally, the upcoming Arkeo project will provide backend node infrastructure for ShapeShift, as well as any interface that wants to be truly decentralized (more info 1).
Through integrations with DEX and DEX aggregator protocols such as 0x, CowSwap, THORChain, and Osmosis, ShapeShift enables users to seamlessly move crypto assets across chains with no KYC, custody, or added fees. We believe a decentralized interface and blockchain data infrastructure are imperative to bringing DeFi to the masses, and the ShapeShift community is actively coordinating to build this.
Finally, we would like to emphasize a strong sense of alignment with Optimism on the principles of decentralization, self-custody, and trustless finance. As one of the first centralized crypto companies to DAO-it starting in 2021, ShapeShift spent the better part of a year decentralizing our operations and open-sourcing our codebase. We draw on a wealth of industry experience from inside and outside the Ethereum ecosystem and aim to help expand the reach and appeal of the Optimism ecosystem.
Here’s a peek at ShapeShift’s beautiful, cross-chain UI for Portfolio View, Fiat Ramps, Assets, DeFi Yield, and Trading: Why do you believe what you are building is going to succeed?:
We believe a comprehensive, multichain interface is one of the killer apps for crypto. Users need a way to track their portfolio, trade and earn, without giving up their private keys to a centralized exchange. ShapeShift is perfectly positioned to provide this experience and is actively building to make it a reality.