Shentu Chain defines itself as one of the technologically advanced blockchain protocols on the market, providing functionality and numerous use cases. The Shentu Chain ecosystem consists of solutions like Security Oracle, ShentuShield, DeepSEA, and Shentu Virtual Machine (SVM), which come together to create a robust blockchain platform applicable not only to DeFi and NFTs but also to innovative products like autonomous systems.
What is Shentu (CTK)?
The Shentu Chain token (CTK) was launched in October 2020. However, the project was initially called CertiK and was rebranded to Shentu Chain in September 2021. The rebranding from CertiK Chain to Shentu Chain stemmed from the evolution of the CTK ecosystem. The original CertiK was a relatively simple blockchain protocol, while Shentu Chain is designed to be much more advanced and feature-rich.
The Shentu Chain ecosystem combines various products on a powerful platform that can significantly enhance the efficiency of digital asset usage. The main components of the CTK ecosystem include Security Oracle, ShentuShield, DeepSEA, and Shentu Virtual Machine.
Security Oracle is a dedicated decentralized network that employs state-of-the-art security solutions to enhance the reliability of complex smart contracts used in DEXs, yield farming protocols, and other advanced DeFi dApps. It can integrate with all types of smart contracts, regardless of the protocol they utilize. Security Oracle can greatly improve the security of any DeFi application, and Security Oracle operators can earn valuable rewards in the form of CTK tokens.
ShentuShield addresses one of the most significant issues in the blockchain ecosystem: the inability to recover lost or stolen cryptocurrencies. On a technical level, ShentuShield can be described as a decentralized reimbursement protocol, which acts as a DeFi insurance mechanism. By participating in the ShentuShield program as a Shield Purchaser and paying a small CTK fee, you effectively insure your cryptocurrency. If you decide to join ShentuShield as a Collateral Provider, you can earn passive income in CTK tokens in exchange for allocating some funds that will be used as reimbursement collateral.
Where to Buy CTK Coin?
CTK Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. CTK Coin is available on the Binance platform in pairs like CTK/BTC, CTK/USDT, CTK/BNB, and CTK/BUSD.
To purchase CTK, you must first register on the Binance exchange. After completing the registration, you should transfer cryptocurrency or fiat currency to your Binance wallet. Once the transfer is complete, you can buy CTK Coin in any of the three pairs mentioned above. For purchasing through the CTK/USDT trading pair, you first need to navigate to its interface. In the limit tab of the CTK/USDT interface, enter the amount you wish to purchase. After specifying the amount, proceed with the CTK Buy order to complete the purchase.
