From April until October 2023, you can earn extra rewards in L1 and dapp tokens when providing liquidity on Shade.
On public-by-default blockchains like Ethereum, almost all your transactions are publicly visible and traceable. But Secret’s private DeFi apps encrypt user data by default and hide your balance and transaction details on-chain, making it harder for third parties to use your data to their advantage.
If others can’t figure out how much you hold, you’re much less likely to become the target of hackers and scammers. Even if hackers manage to get access to your wallet, they won’t be able to view your funds if you stored them as Secret Tokens—the token standard used in Secret DeFi apps.
Front-running and miner extractable value (MEV) occur when actors use knowledge of future trades and transactions to make a profit, often at the expense of individual investors. But with Secret Contracts, orders are never visible on the mempool, and no attacker or malicious miner can front-run orders.
With Secret DeFi, you get privacy but can allow others to view your financial information with viewing keys. Viewing keys allow you to comply with financial regulations—now, and in the future.
ShadeSwap is Shade Protocol’s privacy-first DEX and features:
• 7 pools + more to come soon
• LP opportunities with SHD rewards
• Novel curve for derivatives & stables
↗ $250.000 in SCRT
↗ $750.000 in SHD
• sSCRT ↔ stkd-SCRT
• stkd-SCRT ↔ SHD
• SILK ↔ stkd-SCRT
• SILK ↔ USDC
• SILK ↔ USDT
With our new Secret Tunnel for Ethereum & BSC users and IBC for the Cosmos, it’s super easy and secure to bridge over your rewards and start trading them on other platforms.
(Ethereum, BNB, Avalanche, Polygon, Arbitrum)
(Juno, Kujira, Osmosis, Akash, and more)
Secret Network features privacy-preserving smart contracts that make it possible to build apps that are decentralized and permissionless—yet private.
Trusted Execution Environments (TEEs) function like a “black box” for data processing, and enable nodes to verify transactions within a block without accessing data that’s inside. Every validator on Secret Network runs their code inside a TEE so no one—not even the nodes operating on the network—can access the information being decrypted and processed.
Since data is encrypted and private by default, Secret Network users have viewing keys to access their sensitive data. Viewing keys can be shared with third parties like auditors, wallets, and explorers. They allow users to maintain control over their data and decide what is shared—and with who.
With groundbreaking private DeFi platforms on the horizon, the launch of our improved EVM Secret tunnel, and Privacy as a Service bringing Secret’s privacy to any blockchain, there has never been a better time to join the bustling Secret DeFi ecosystem.
Including three DEXs, a lending protocol, a private stablecoin, and a new Secret Token standard—with more to come!
The recently launched Secret Tunnel (powered by Axelar) makes it even easier to bridge to and from Ethereum and BSC.
Via IBC & other cross-chain communication methods, contracts on separate networks can call on Secret’s private smart contracts and use their privacy features.
Secret 2.0 brings more advanced privacy guarantees to the network through cutting-edge technologies like MPC and FHE, taking the network to the next level.
SCRT Labs is the driving force and the founding core development team behind Secret Network. Their mission is to create products and systems that accelerate the adoption of privacy-first, decentralized technologies.
Start providing liquidity on Secret’s privacy-first dApps now, and benefit from the privacy & reap the rewards!
