Mint
Deposit Secret Tokens into ShadeLend to mint Silk - an overcollateralized privacy-preserving stablecoin. ShadeLend empowers users with privacy-preserving leverage.
Stake
Stake your Shade tokens to passively earn staking rewards, treasury rewards, arbitrage rewards, and LP rewards. 21 day unbonding period.
Governance
Stake Shade and help govern the decentralized ShadeDAO - determining the future of Shade Protocol rewards, emissions, and parameters.
Use ShadeLend to Mint Silk
Shade Protocol can be used by anyone without sign up or restriction - all that is needed is a wallet compatible with Secret Network and SCRT - the native token of Secret Network.
Connect Your Secret Wallet
Launch the Shade Protocol application and connect your Secret Network compatible wallet such as Keplr or Citadel.one. A Secret Network wallet is needed in order to maintain the SNIP-20 private and fungible token standard, ensuring your privacy and security.
Deposit your Secret Tokens
Lock your Secret Tokens into ShadeLend and mint out Silk.
Stake or Liquidity Provide
Use your Silk or Shade tokens to stake or liquidity provide, earning passive rewards in the form of Shade.
Built on Secret Network
Scalable
Private
Secure
Interoperable
What are Silk and shade?
Silk is a native privacy-preserving stablecoin
Silk is a privacy-preserving stablecoin pegged to a basket of global currencies and commodities that can be minted on Shade Protocol using Secret Tokens on ShadeLend. Silk inherits the SNIP20 token standard, meaning all transactions with Silk are private.
Shade is the Native Governance Token of the Shade Protocol
The Shade Token ('Shade' or 'SHD') serves as the treasury, utility, arbitrage, and governance token of Shade Protocol. As more applications are launched and connected to Shade Protocol, more rewards and fees are directed towards Shade stakers.
Contributors
Listed below are key contributors and integrations that make Shade Protocol possible.