Shade Protocol Q3, 2023 Update
By
Greetings community,
In this blog post we will outline Shade Protocol initiatives currently under development or fully completed. It’s been a busy month since the launch of Shade staking at the end of July with significant progress on multiple fronts tied to accessibility & product development.
Completed
The following is a list of accomplishments thus far in Q3, 2023:
Final airdrop released
Airdrop clawback has begun (August 1st - December 1st)
Starshell Mobile support
Fina Mobile support
ALTER pool live on ShadeSwap
stkd-SCRT SILK vault expanded
SILK x USK pool
Real Yield activation
MantaDAO liquidity deal
MetaMask support
Support for mobile is a huge step forward for Shade Protocol - a large % of users prefer mobile over desktop experiences. Now you can interact with ShadeSwap and check in on SILK from the palm of your hand.
In Development
The following is a list of objectives currently under development:
Portfolio, Bonds, & Lend mobile support
dSHD
Liquidity Orderbook
Card Tab on Shade App
Coingecko support via API migration
Addition of new ShadeLend vaults
Support for Picasso bridge / Polkadot assets
A variety of other objectives have not cleared the threshold to be considered as in development, but rest assured there are a variety of other exciting initiatives that are soon to be added to the above list.
Conclusion
Shade Protocol is an ambitious array of application-layer products focused on a simple end user experience that involves the incorporation of privacy by default. These interconnected privacy-preserving DeFi products built on Secret Network will change DeFi as we know it — empowering the next generation of value creation and exchange.
Without privacy, DeFi is incomplete. Traditional financial markets offer a degree of privacy for users, and as a result offer up greater protections in some capacity than existing DeFi markets. Shade Protocol will be the world’s first truly cohesive decentralized and privacy-preserving financial applications — ushering in a golden era for Web3. Shade Protocol will always push for privacy by default, privacy as an expectation, and privacy as the key to unlocking the full value of a decentralized future.
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Information provided in this post is for general informational purposes only and does not constitute formal investment advice. Please read the full disclaimer at shadeprotocol.io/disclaimer before relying on any information herein.