Shido Network Proposes 30M Token Burn via Governance

**Shido Network reaches significant growth markers** with over 1,500 smart contracts deployed and 24 million blocks produced with zero downtime. **Key metrics highlight ecosystem expansion:** - 1,500+ smart contracts live on mainnet - Dozens of active dApps and projects - 24,000,000+ blocks with perfect uptime **Developer-focused infrastructure improvements** include consistent RPCs, clean analytics, comprehensive documentation, and starter templates for faster deployment. The network targets builders creating **DeFi protocols, payment systems, and real-world applications** with reliable, scalable foundation infrastructure.

**Shido Network** successfully deployed its **V3.2 upgrade**, introducing significant improvements to fee routing and reward distribution. **Key Changes:** - Optimized fee routing to **increase on-chain burns** - Enhanced reward distribution for **staking and liquidity incentives** - Improved network transparency with **on-chain burn tracking** **For Token Holders:** - No action required - addresses and balances remain unchanged - All burns and distributions are **fully verifiable on-chain** - Parameters will be continuously monitored for optimal performance The upgrade builds on Shido's existing burn rate of over **300,000 tokens daily**, further strengthening the network's deflationary mechanics. Combined with the recent Tera chain upgrade that enhanced speed and throughput, V3.2 positions Shido for sustained ecosystem growth. Track live burns: [burns.shidoscan.net](http://burns.shidoscan.net)

**Shido Network continues growing** with key adoption metrics rising across the board. - **22,000 active addresses** now using the network - **Significant increase** in transaction volume - Growth represents continued momentum from previous milestones The network previously hit 18,000 active accounts in March, showing steady user base expansion over recent months. Users can track network activity and statistics through the official explorer at [Shidoscan.net](http://Shidoscan.net). This growth comes as Shido prepares for its **Tera chain-upgrade** testnet deployment in November, which promises institutional-grade performance improvements.

KuzinoAI has released an open beta of its AI-powered trading platform designed for institutional-grade analysis. **Core Features:** - **AI Trading Signals**: Clear BUY/SELL/HOLD directives with confidence scores and detailed rationale - **Advanced Charting**: Interactive candlestick charts with TradingView integration and AI pattern recognition - **Whale Watching**: Real-time order book analysis to spot large trades before price movements **Key Innovation:** - **Plain English Backtesting**: Users can describe trading strategies in natural language, which AI converts to executable code for testing - **Price Predictions**: Multi-step forecasts with transparent accuracy metrics (MAE, RMSE) - **News Intelligence**: AI-powered market briefings and asset analysis using Google Search **Upcoming Features:** - Autonomous AI trading agents - Expanded coverage for BTC, ETH, BNB - Web3 and DEX integration - Platform tokenization through Kuzo HUB The platform aims to democratize quantitative trading by removing technical barriers while maintaining institutional-level analysis capabilities. [Try the open beta](http://kuzino.net)

**Shido** is hosting a community AMA session on Telegram this Sunday at **2 PM UTC**. Community members can join the session to ask questions directly to the team, with Rayqua facilitating the discussion. - **When**: Sunday, 2 PM UTC - **Where**: [Shido Global Telegram](https://t.me/ShidoGlobal) - **Format**: Live Q&A with the development team This appears to be a regular community engagement initiative, as similar AMAs have been scheduled previously. *Join the conversation to get updates directly from the Shido team.*