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Guide to the ShuttleOne.Network
  • Start: Fly ShuttleOne
  • About ShuttleOne
    • Metachain- Cross-chain interoperability
      • Supported chains
      • Cross-chain NFT ($RAT)
      • Cross-chain stablecoin ($CAT)
      • Move assets cross-chain (Metachain Bridge)
      • Cross-chain storage (ShuttleWallet)
      • Cross-chain Fees
    • Cross-chain to Real world
      • Plug N Play DeFi
        • Plug N Play Liquidity pool
          • Supply & Remove Liquidity into Plug N Play DeFi
        • Defaults & Liquidation
      • Case Studies
      • Crypto-fiat ramp (ShuttleSwap)
        • Frequently asked questions
        • Fees
  • The ShuttleOne Token
    • Introducing SZO token
      • Earn SZO token
      • Wrap SZO token for trading
      • Swap SZO token on Pancakeswap
      • Provide liquidity for $SZO pools
      • Swap SZO token on Dodo Exchange
      • Move SZO token to Binance Smart Chain
    • Distribution & Structure
    • Legal & Compliance
    • Risk Management & Disclaimers
  • Frequently Asked Questions
  • FAQs
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On this page
  • General Questions
  • Who use Metachain products?
  • Who borrows from Plug N Play DeFi?
  • Are user funds in Plug N Play guaranteed?
  • Can I go direct from Fiat to ShuttleOne and vice versa?
  • Why do I need to submit my KYC?
  • Do you have a code audit on SZO?
  • Profit & Earnings Questions
  • How does ShuttleOne generate a return on my stablecoins?
  • How can the APY% in Stablecoins payout be increased?
  • How Can I Earn More SZO?
  • What is the difference between Early LP Program and LP Supplier Program?
  • What Are Some of the Roadmaps coming up?
  • Contact & Official Channels
  • How Do We Get in Touch?

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FAQs

Some of the questions that we are frequently asked. Please head over to our community groups should you have any questions.

PreviousRisk Management & Disclaimers

Last updated 2 years ago

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General Questions

Who use Metachain products?

Institutional partners who are moving from real-world industries to Web 3 development.

By building on Metachain, businesses save time and resources when deploying on blockchain networks. With an in-depth experience in real-world usecases, ShuttleOne has serviced over 13+ industries with real-world usecases in blockchain.

Who borrows from Plug N Play DeFi?

Plug N Play is a real-world usecase for Decentralized Finance technology, created and powered by ShuttleOne.

We build solutions and manage collateral with institutional partners globally to facilitate lending to their existing ecosystems of businesses and consumers. (ie. e-commerce ecosystems, digital platforms, gig economy platforms, fintech companies).

Here's a demo of a project built with a Singapore Government owned company - powered by ShuttleOne's Plug N Play DeFi.

Are user funds in Plug N Play guaranteed?

Can I go direct from Fiat to ShuttleOne and vice versa?

Yes. Our fiat-ramp in Metachain can help you convert between fiat and cryptocurrencies directly to your bank accounts.

Metachain currently supports the conversion of any tokens directly to bank account in 80 countries.

Users are required to complete KYC with us to use ShuttleSwap.

Why do I need to submit my KYC?

ShuttleOne is undergoing licensing procurement under the new Payments Act in Singapore where Digital Payment Tokens (DPT) and Virtual Service Asset Providers (VASP) are required to comply by law to regulatory obligations.

Do you have a code audit on SZO?

Yes we have completed 1 audit with Peckshield.

Profit & Earnings Questions

How does ShuttleOne generate a return on my stablecoins?

ShuttleOne deploys the blockchain technology on multiple blockchain to deliver Trade Facility and calculate interests and fees calculation.

Interest are paid out per block on the blockchain which is estimated to be around 15 second per block generation. These returns are generated via real world assets.

Variable

Description

P

Principal

T

Trade Facility

rate

interest rate per second

n

the number of times the interest is compounded, compounding is once per second, so "n" is seconds past since last calculation

R

Nominal interest rate (5% would be 0.05)

A

Annual Percentage Rate (APR)

y

constant, seconds in a year: 3600 * 24 * 365 = 315360003600â‹…24â‹…365=31536000

How can the APY% in Stablecoins payout be increased?

If there are more demand for liquidity for loans, and assuming the borrower passes credit risk scoring the borrowing will generate a higher APY% returns for your stablecoins.

How Can I Earn More SZO?

The liquidity supply in the network that generates earnings 24/7, therefore the longer you keep the liquidity in the pool the more SZO rewards are mined/farmed.

We will launch ShuttleVaults according to the roadmap. More details to follow.

What is the difference between Early LP Program and LP Supplier Program?

The Early LP Program Token is locked for 9 months, these tokens are reserved for our beta testers that has helped ShuttleOne test out our early products.

There are no difference in reward structures and reward numbers. Early LP Program participants will need to deposit a min of US$50 to unlock their tokens in the same mining structure.

What Are Some of the Roadmaps coming up?

Contact & Official Channels

How Do We Get in Touch?

These are our official channels of communication:

ShuttleOne believes in the power of decentralized networks (i.e no central point of failure), We do not guarantee user funds, while we try to at best mitigate every possible scenario, please go through our to understand your risks.

Please here.

Please refer to the here.

One of the simplest ways earn SZO tokens along with interest rate from your stablecoins is to join ShuttleOne.Network and .

Check out our latest updates and milestones at

Risk Management & Disclaimers
Fiat to Crypto Transfer Details
KYC
SZO Code Audit
provide liquidity pool
ShuttleOne's blog
Fly ShuttleOne
Telegram
Twitter
Website