Denver, CO — January 12, 2022 — ShapeShift DAO, a decentralized, non-custodial cryptocurrency platform, has announced the launch of its new open-source V2 web platform. ShapeShift believes that the world deserves an open-source, non-custodial partner in the growing DeFi universe.
ShapeShift V2 is the gateway into decentralized finance, where users can interact with their digital assets with no added fees. The new platform allows users to manage their digital assets privately; without KYC, simply by connecting their crypto wallets. In addition to a developer-friendly open-source code base, ShapeShift V2 becomes one of the safest and most privacy-centric ways to interact with digital assets across various chains.
The new platform allows users to track, trade, and earn yield on their digital assets, all without giving up their privacy or custody of their assets. ShapeShift is building the dashboard for everything DeFi while remaining true to the principles of crypto.
As the V2 platform’s capabilities expand, users will be rewarded with FOX tokens for engaging with DeFi through ShapeShift. By creating affiliate partnerships with DeFi protocols, ShapeShift will reward users from their half of the revenue share model, allowing users to enjoy the best yield, a unified user interface, all with no added costs or diminishing returns!
In July, ShapeShift announced that it would decentralize the company and open-source all of its code to build a dynamic and robust community around a fully open-source system, allowing developers to propose and make necessary changes to the V2 platform. By initiating changes and collaborating with the ShapeShift DAO, we can create the fastest, safest, and most convenient way to manage a portfolio of digital currencies. With the new V2 codebase, the code can run on decentralized infrastructure, providing a path to resilience and aligning with the principle of decentralization. ShapeShift has long believed in these principles, The creation of the DAO allows us to return the freedom and power of cryptocurrencies and their core tenets to the people. It is this power that ShapeShift strives to give to the world.
Since 2014, ShapeShift has been pioneering self-custody for digital asset trading. The company’s web and mobile platforms allow users worldwide to safely buy, hold, trade, and interact with digital assets such as Bitcoin and Ethereum.
Learn more at ShapeShift.com