SHD is one of the ways to measure the value of the Defender Protocol and shareholder trust in its ability to maintain SWD close to peg. During epoch expansions the protocol mints SWD and distributes it proportionally to all SHD holders who have staked their tokens in the FORTRESS. SHD holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Defender finance ecosystem.

Defender Finance is a stable yield farming protocol, first launched on BSC network.