🧵Shade Goes Omnichain: Expanding Access to SILK and Secure DeFi We're about to experience the most critical years for decentralized finance. We believe Shade’s core pillars will make its products the most liquid and sustainable over the long term: 1⃣ Secure and trustable 2⃣ Private and auditable 3⃣ Stable and diverse For the next phase of omnichain growth, we will expand via: ✅Expansion of outposts By cross-deploying Shade protocol applications on more L1s and L2s — especially those with native security features like FHE, ZK, and MPC — we will expand access and unlock new primitives that build on our extensive experience developing secure DeFi applications. ✅Expansion of bridges We will be expanding both our IBC connections and our bridge support for external ecosystems — including Solana and ETH L2s — in order to maximize access to both SHD and SILK. ✅Expansion of products We will launch the ShadeX money market, driving additional steady demand for SILK. Additionally, we will pursue improvements to UX and connectivity to these products. ✅Expansion of SILK & SHD on external liquidity venues We will seek to support SILK & SHD pools on as many L1s, L2s, and cross-chain protocols as possible, supporting the launch of money markets and collateralized stablecoin integrations. ✅Expansion of SILK FinTech integrations A strong on-chain economy should support real world utility. More and more Fintech companies are entering into the onchain economy (such as Stripe). Demand for stablecoins to connect DeFi to daily commerce is an increasingly large use case. Part of our current FinTech expansion plans involves exploration of an acquisition / merger with a FinTech x DeFi product. 〰️〰️〰️〰️ One of our scarcer beliefs — compared to other on-chain economies — is our belief in data security. True adoption of DeFi hinges on robust data security measures. To attract billions in liquidity, both institutions and individuals will expect their onchain positions and asset movements to be encrypted by default, but auditable as needed. At Shade, we believe that in the near future the total transparency of blockchain will be looked at with suspicion in the same way that a lack of data security would be viewed within our traditional financial markets. Another belief we have is in innovation through diversity. This doesn’t just mean a diversity of products built for a diverse set of global users. It also informs the approach behind SILK and its diversified collateral base. As on-chain economies grow, we all benefit from more experimentation with different compositions and use cases for stablecoins. We see tremendous synergies between SILK, dollar-backed stablecoins, other sovereign stablecoins, and commodities like BTC and metals. Our mission is to integrate all of these beliefs into a seamless, omnichain economy that is secured by diverse assets and that powers off-chain and on-chain global commerce. While we are incredibly early in this mission, the years we’ve already spent developing these protocols, economic approaches, and beliefs gives us confidence that the Shade community is better positioned than any other to work towards and achieve this goal. We have many announcements, partnerships, and products yet to be revealed, but if our mission and approach excite you, today the ask is simple: join us. Join the Shade community: t.me/ShadeProtocol Hit The Button: app.shadeprotocol.io/swap/bu… $SHD $SILK medium.com/@shadeprotocoldev…

#ePrint Unstoppable Wallets: Chain-assisted Threshold ECDSA and its Applications: G Zyskind, A Yanai, A" Pentland ia.cr/2023/832

Only one week after @Shade_Protocol went live on Mainnet. $SCRT is on the verge of surpassing Axelar in IBC volume for the week.

ATOM/stATOM pool liquidity: $17M on Osmosis 🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲🔲 $487k on Shade 🔲 Best place to swap 1k ATOM for stATOM? @Shade_Protocol

0.02% price impact on a $1,500 trade from ATOM to stATOM on a pool with only $65k in liquidity. So amazing to see asymetric concentrated liquidity in action, a first in DeFi⚡️ Trade now: app.shadeprotocol.io/swap $SHD $ATOM $SCRT @lurkaroundfind @stride_zone @Cryptocito

NOTICE: Secret Network has successfully resolved a reported network vulnerability by whitehat researchers. No user funds were ever at risk - including now - and no action is required from anyone 👍 Please read our full disclosure on the Secret Blog: scrt.network/blog/notice-suc…