Shintama Reinvents DeFi and Makes a Huge Move in the Space

Shintama is a DeFi token that was created through the merger of two popular DeFi projects, Shinja and Saitama. The process leading up to the merger saw the active involvement of both existing platforms and new investors, who saw the merger as an essential step in broadening the scope of their token and its ability to serve a larger audience. Because the tokens are already used in working financial projects, and because of Shintama’s flexibility and features, it is quickly becoming one of the most popular tokens in the world, sought after by active participants in the DeFi community.

Shintama will build a DeFi-compatible browser that will showcase cutting-edge features, like a built-in decentralized exchange (DEX) that is connected to all significant blockchains for convenient trading. It has an EVM-compatible wallet that will feature connections to multi-chain, and function as storage for NFTs. It will also provide a cross-chain NFT rewards and staking platform, together with an NFT gallery that will give users exclusive access to NFT p2p loans and staking pools. Another advantage of Shinatama is a built-in AI scam detector, malicious code analyzer, a contract checker and impressive security for all the sites that you visit. Users will also earn rewards for every click on custom ads, the same as with the Brave Browser. All of these features will function on all devices, including laptops and mobile phones. An NFT API protocol will allow artists to experience a unique web 3.0 concept for their community. 

The SHINTAMA token will also provide governance rights for the ecosystem.

This is a huge moment for the cryptocurrency market, and we’re excited to see how Shintama plans to utilize its expertise in payments and cash-back rewards. With these two currencies, blockchain has joined together in a way we’ve never seen before in our space. It depends on how well this team can align their values, which could bring it one step closer to mass adoption.

ABOUT THE AUTHOR See More

Sophia Cruz

Financial Writer - Asian & European Desks

Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.

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