Today, DeFi changes forever.

No longer will your lending, borrowing, and collateral be available for the whole world to see, track, and surveil.

No longer will whales be able to programmatically hunt your borrow position due to the public nature of your DeFi data.

At Shade, we are building the most comprehensive, data secure DeFi suite in the world. ShadeX aims to compete with the likes of AAVE and Compound - with $150B+ of insecure DeFi TVL, there is a massive TAM that ShadeX is aiming to support.

We do this by launching the world's first encrypted money market - ShadeX, which can be accessed at app.shadeprotocol.io

ShadeX is the accumulation of 10 months of ideation, building, and internal audit. Our best in class @HalbornSecurity audit came back as a resounding success, with no critical or high risk bugs.

There is no better time to hop in an try ShadeX, with the opportunity to earn both borrow rewards, supply rewards, and interest payments. All built in the Cosmos ecosystem centered on $ATOM, leveraging the power of @SecretNetwork for encryption (with an omnichain multi-encryption approach on the horizon to ensure the longevity of ShadeX privacy).

Lend and Borrow with privacy: app.shadeprotocol.io

Accelerated Yield Opportunities

ShadeX has a variety of yield opportunities for both lenders and borrowers. For lenders, the following is the list of supported lend assets that you can earn accelerated rewards from along with interest earn from borrowers:

• ATOM

• USDC (Axelar & Noble)

• BTC (Axelar & Osmosis)

• ETH (Axelar)

• USDT (Axelar)

• wstETH (Axelar + Neutron)

• stATOM

• stkd-SCRT

• sSCRT

• SILK

Note that for Phase One of rewards, there will only be $440k available of deposits open (first come first serve). Once the caps are hit, the supply caps will be expanded. Early users will have limited and scarce access to high yields to reward them using the app in its early stages.

For borrowers, users will automatically also accrue rewards. That is to say, you will be getting paid to borrow if the value of the rewards outpace the borrow APY paid to lenders. The following is a list of borrow assets that you can earn accelerated rewards from borrowing:

• USDC.nbl

• wBTC.axl

• sSCRT

• stATOM

• SILK

• ATOM

• stkd-SCRT

• wBTC.osmo

• wETH.axl

Finally, allowable collaterals are an extremely guarded optionality. That is to say, lenders take on the risk of the quality of the collateral assets. Out of launch, two protections are in place: risk framework, and collateral caps. The collateral caps ensure that there are limits on how much collateral can be put into the system (ensuring that in the event of an exploit of one of the collaterals, the size of the impact on the ShadeX system is containerized). The initial collateral assets that are supported (that may be expanded in the near future) are:

• ATOM

• USDC.nbl

• BTC.osmo

Bridge In Capital

There are a variety of ways to bridge in the following assets, let's walk through a couple of them. The first is with USDC.nbl

Bridge USDC - https://www.youtube.com/watch?v=JkL9eU39scI&t

The next tutorial is how to bridge in wrapped ETH from Ethereum using MetaMask:

Bridging in wETH: https://www.youtube.com/watch?v=7-kDxLAT2yo

Finally, you can always bridge in assets from a variety of Cosmos chains using the Shade Protocol bridge page or the Secret Network dashboard, both which are just bridge wrappers leveraging IBC:

Shade bridge page: https://app.shadeprotocol.io/bridge

Another additional resource if you are new to Shade Protocol is to look through our "getting started" docs which are helpful educational introductions to many of the Shade Protocol products and how to use them!

Getting Started with Shade Protocol: https://docs.shadeprotocol.io/shade-protocol

Features

• Encrypted lending | borrowing | collateral | debt

• Building feature rich DeFi that has best in class UI/UX was at the heart of our dream for ShadeX. Simply put, privacy should be easy. Using an app that protects your data should not feel like you have to jump though 49 hoops in a row.

• Cross margin collateralization empowers users to put up multiple assets as collateral in a single unified position. Users can have BTC + ETH + USDC all protecting their single position from liquidation

• Supply and borrow rewards means both lenders are borrowers can earn rewards for participating. Most money markets only have supply side reward, neglecting the importance of the demand side of the equation. ShadeX will be able to utilize duel-sided rewards, consistently recalibrating rewards as necessary to generate

• Collateral swaps empower users to modify their cross margin position on the fly without needing to withdraw and redeposit assets

• Flash loans give arbitragers the opportunity to have access to more immediate capital to resolve pricing discrepancies inter DEX - resulting in more accurate pricing for users

• xTokens / liquid lending give users a fungible token representing their claim on a liquid lending position. This xToken can be used as collateral elsewhere in DeFi, and is a key building block for creating more accurate lending markets.

• LP tokens as collateral (while not going live with the launch of ShadeX) can give LP users access to leverage while still providing liquidity.

• Private protocol liquidations + public liquidations are the mechanism by which solvency is maintained. Unique to Shade Protocol are protocol liquidations, which interact directly with ShadeSwap. These liquidations are highly profitable for the protocol, and only possible because the transactions cannot be front-run due to the encrypted nature of the mem pool on Secret Network.

Conclusion

ShadeX Mega Article:https://x.com/l_woetzel/status/1882156347896021037

ShadeX is not just a minor enhancement; it represents a transformative leap forward in the realm of encrypted DeFi. By introducing a suite of industry-defining features, ShadeX sets a new benchmark for privacy, security, and financial freedom in Web3.

With encrypted liquidation price points, lending, borrowing, deposits, and collateral swaps, ShadeX ensures unparalleled security and confidentiality in all financial interactions. This innovative approach protects sensitive data, fostering trust and confidence among users, and preventing market manipulation.

ShadeX redefines the DeFi landscape with the world’s first encrypted money market, addressing the critical flaw of data security in traditional money markets. By offering an environment where users can lend, borrow, and liquidate assets safely and privately, ShadeX mitigates the risks associated with targeted attacks and market manipulation. This positions ShadeX as a key player poised to capture a significant share of the projected $150 billion TVL global DeFi market by 2025.

As the platform scales, ShadeX aims to onboard billions in liquidity and attract thousands of daily active users who value privacy as a cornerstone of their financial strategy. The liquidity bootstrapping mechanisms, including borrow and supply rewards, ensure a balanced and sustainable money market ecosystem.

The introduction of encrypted cross margin positions and flash loans empowers users with greater flexibility and efficiency while maintaining data security. Collateral swaps allow for seamless management of collateral composition, reducing liquidation risks and enhancing user control.

Furthermore, ShadeX’s xTokens facilitate liquid lending, enabling users to earn multiple streams of yield while maintaining privacy. By accepting selected LP tokens as collateral, ShadeX minimizes opportunity costs and integrates liquidity providers and DEX users into the money market ecosystem.

The SHD MetaEngine interconnects various DeFi primitives within Shade Protocol, creating a hyper-efficient economy that captures and repurposes value across the entire ecosystem. ShadeX plays a crucial role in empowering the MetaEngine by introducing robust encrypted financial services that enhance overall liquidity and user engagement. This interconnected approach ensures sustained organic growth and an ever-improving liquidity pool, driving yield for SHD stakers and securing the protocol’s future.

In essence, ShadeX is not merely redefining money markets; it is shaping the future of private, decentralized finance. By continually expanding its encrypted DeFi suite and protocol-owned liquidity, ShadeX helps push Shade Protocol to new heights, positioning it as an unstoppable force in the world of permissionless, globally accessible, and secure financial services. This holistic approach ensures that Shade not only grows but also solidifies its standing as a leader in the DeFi space.

use the app - app.shadeprotocol.io

telegram - https://t.me/ShadeProtocol

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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.