Stake. Accumulate. Chill.
Shade liquid staking derivatives are privacy-preserving, empowering you to secure Secret Network and other application protocols without exposing your privacy. Simply mint or purchase a liquid staking derivative (such as stkd-SCRT) and immediately start to privately accumulate staking rewards while being able to put your staking derivative to work liquidity providing, lending, trading, and more!
Features of Shade Staking Derivatives
Secure applications and networks without losing privacy.
Transact with stkd-SCRT or stkd-SHD on privacy-preserving DEXs without leaving a traceable transaction.
Staking rewards are automatically compounded on a regular basis.
Compound staking rewards without triggering a taxable event.
Accrue staking rewards while also being capable of buying and selling your staking derivative token.
Delegations are spread out between multiple validators.
Ready to Start Staking? Here’s How.
Connect Your secret wallet
Launch the Shade Protocol application and connect your Keplr wallet.
Lock your secret tokens
Deposit your Secret Tokens (such as SCRT or SHD) into the staking derivative contract.
Receive your Staking Derivative
Receive your staking derivative token (such as stkd-SCRT or stkd-SHD) and begin liquidity providing, lending, trading, and more.
Built on the
Secret Network is a layer one solution built with the Cosmos SDK leveraging proof-of-stake (PoS) consensus using Tendermint's Byzantine fault-tolerant algorithms. Secret Contracts on Secret Network achieve data privacy for Shade Protocol using on-chain encrypted data with Trusted Execution Environments (TEEs).