Important: As per this announcement, Shyft (SHFT) is delisted from Bitfinex, ceasing trading on 09/02/2024 at 1:30 PM UTC.
What is Shyft (SHFT)
Shyft (SHFT) is the native token of the Shyft Network.
The Shyft Network is a public protocol designed to validate identity and power compliance directly into blockchain data.
SHFT is an identity and data transmission currency, as well as a governance mechanism for ecosystem coordination that enables entity-to-entity governance, compliant asset creation, and a system for compliant DeFi and other applications.
Notes:
- As of 4th April 2022, Bitfinex supported SHFT on both Ethereum network (ERC-20) and Mainnet that can be converted via the Currency Conversion tool (see below).
- The API symbol for Mainnet based Shyft is SHFTM, while Ethereum based is SHFT.