We have huge plans for 2023, and yesterday we made our first release of the year, a brand-new dashboard built from scratch. The Shareslake dashboard is the place where people go to mint and redeem the fiat-backed stablecoin RUSD. The stablecoin can be minted in Shareslake and Cardano independently, so when you connect your wallet you will need to select […]

The past Thursday, December 8th, 2022 community pools started to mint blocks in the Shareslake network. The Shareslake network is a Cardano-based network for enhancing the adoption of blockchain by those people who are skeptical, mainly due to the volatility. Thus, it is a blockchain network powered by a fiat-backed stablecoin, running fully isolated from volatility and […]

Today, we are really happy to announce that the Shareslake Bridge goes live! This first release of the bridge allows moving Redeemable between Shareslake and Cardano. To date, there is no stablecoin on Cardano mainnet, and thanks to the Shareslake Bridge, Redeemable will become the first Cardano stablecoin. Remember what is Redeemable Although Redeemable is […]

One of Shareslake's objectives is to make the Redeemable coin multi-chain. This is, being able to move and exchange Redeemable not only in Shareslake's network but also in other widely adopted networks. How can Redeemable benefit other networks? Blockchain users usually exchange coins and tokens with stablecoins for protection during volatility periods. Nevertheless, stablecoins, even […]