FAQ
Frequently asked questions
Last updated
Frequently asked questions
Last updated
$SHELL is the ticker for the Shell DAO's .
is the team that created and maintains Shell Protocol.
(launched October 2020, retired September 2022) was an AMM tailored for trading stablecoins and holding fungible composite assets. From its launch through its retirement, and without any incentives or advertisements, Shell v1 had remained in the top 25 DEXs on Ethereum by TVL, without a security breach. Building Shell v1 taught us that the next evolution of AMMs requires DeFi architecture to be more modular and flexible. It inspired us to modularize DeFi architecture into two components, accounting logic and business logic. The current Shell Protocol introduces this . Not only can we use it to recreate what was possible with Shell v1, but we can also build many with it.