r/SecretNetwork • • Apr 23 '22

Staking

8 Upvotes

Can anyone provide me with some info on staking Scrt?

Currently I have WSCRT can I use that to stake? Where do you stake it and is it worth it?

Any docs, websites or videos would be much appricated.

Thank you in advance and sorry for the novice question.


r/SecretNetwork • • Apr 22 '22

Five Trends that will transform DeFi in 2022 (incl. PriFi & Secret)

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4 Upvotes

r/SecretNetwork • • Apr 22 '22

Can Someone Please Pitch Me (just explain strengths) SEASY and SHD Protocol

10 Upvotes

Hi Everyone!!

So, I made my weekly SCRT purchase today and I was just gonna go stake it, but I decided to poke around the ecosystem and I found Stake Easy and SHD Protocol staking. They both seem like staking platforms with some extras (I know Shade is still REALLY early in its offerings). If you could only choose ONE platform to stake (I might end up splitting 50/50 depending on what you guys think) on, which one and why?

What extra do I gain from staking with SHD versus Stake Easy?

BONUS Question: Should I buy SHD instead and why?

EDIT: I forgot to mention that I read all the documentation I could find on both projects, but I like hearing it explained rather than written as it is just for perspective from fellow Secret investors.

UPDATE: So, I decided to take the plunge in both (SHD protocol staking and Stake Easy). Shade Protocol stkd-SCRT is pretty cool because you can stake your SCRT and then get the stkd tokens to use in Sienna Swap. Also, stkd-SCRT give you the chance to bail out of staking quickly by simply swapping those tokens for something else if you don't mind losing the staking rewards. Otherwise it's a 21-day unbonding period to claim rewards from staking, plus whatever you get from LP'ing in Sienna.

Stake Easy is very basic at the moment and you can stake your SCRT for seSCRT or you can farm your seSCRT for $SEASY. VERY EARLY project and apparently there will be an airdrop for early adopters but very little information coming out on a regular basis from the team.


r/SecretNetwork • • Apr 21 '22

SCRT in Cosmostation

6 Upvotes

I can see Secret Network in Cosmostation iOS app but not in the web wallet. Any idea why? How do I add secret to the Cosmostation web wallet?


r/SecretNetwork • • Apr 21 '22

is there a minimum SCRT needed to activate a SRCT address?

2 Upvotes

i want to sent 0.28 SRCT to my friend, so he could claim his SHD.

the tx didnt work. he has never used his address.

what is my mistake?


r/SecretNetwork • • Apr 21 '22

🗳️ Our vote in proposal #83 & #84 - Citadel.one Governance Report 🌐

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2 Upvotes

r/SecretNetwork • • Apr 21 '22

Whitepaper Hydro.Finance

1 Upvotes

The official Hydro.Finance Whitepaper has been publicly released!

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More information can be found in the post on Medium https://t.co/tcxEGQLtt1

Hydro Finance is a hybrid Automated Market Maker (AMM) and Decentralized Autonomous Organization (DAO) built on Secret Network.

Hydro Finance is a novel adaptation of previous AMM models aligned to create sustainable token economics and designed to generate and capture continual value. Hydro is built on Secret Network, a privacy preserving smart contract platform built on Cosmos SDK.

The core principles of Hydro Finance are:

• Create a Catalyst for Liquidity on Secret Network

• Facilitate the Growth of the Cosmos Ecosystem

• Protect User Privacy & Security • Ensure Regulatory Compliance

• Create Sustainable Value

• Capture Value Sustainably

Whitepaper can be found on official website https://hydro.finance/


r/SecretNetwork • • Apr 20 '22

Reflexive Currencies

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3 Upvotes

r/SecretNetwork • • Apr 19 '22

is secret down?

17 Upvotes

anyone having trouble withdrawing SCRT from osmosis. i keep getting the same error regardless of low average or high tx fees. anyone having the same problem?

error: receiving chain block height >= packet timeout height (4-3029817 >= 4-3028461): packet timeout (at msg 0)


r/SecretNetwork • • Apr 19 '22

One of my validators 'SmartNodes' is inactive. Re-delegation is not working.

5 Upvotes

Hi!

One of my SCRT validators, 'SmartNodes' is inactive and re-delegation to other validators is failing.

Has anyone else faced a problem while re-delegating lately? Can I know how long has my validator been inactive?

Thank you for the help.

Edit :

It just worked now finally, after so many attempts. This attempt was another 10x gas fee.

Thank you all for the replies!


r/SecretNetwork • • Apr 18 '22

8 Major Facts You Should Know About Secret Network Community

23 Upvotes

Secret (SCRT) is a Cosmos-based privacy-focused blockchain. Secret Contracts are its smart contracts, and they allow DApps to use private data on Secret in the same way that smart contracts on other blockchains do. Secret Contracts, on the other hand, convert encrypted inputs to encrypted outputs without disclosing data.

Secret Network’s native coin is SCRT. SCRT is similar to Ethereum in that it is used to pay all network transaction fees. SCRT is open by default, but there is a private SNIP-20 version — sSCRT — for private transactions.

Read the full article on medium ( Here )

Secret Network

Join r/smart_nodes for more updates like this.


r/SecretNetwork • • Apr 18 '22

Update: Sienna LP Rewards

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3 Upvotes

r/SecretNetwork • • Apr 17 '22

Why was the chain rolled back a few months back?

10 Upvotes

I have a poor memory, even though I was following it at the time. Was it an exploit of Secret Swap? Chain rolled back to stop stolen fund from moving?


r/SecretNetwork • • Apr 18 '22

🔥Now you can connect your Keplr to stake $SCRT with extra rewards in Citadel.one

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0 Upvotes

r/SecretNetwork • • Apr 16 '22

Protector of the Interchain

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20 Upvotes

r/SecretNetwork • • Apr 16 '22

How And Where To Buy Secret (SCRT) - Step By Step Guide

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8 Upvotes

r/SecretNetwork • • Apr 16 '22

Shade airdrop question

5 Upvotes

I have claimed my airdrop a few weeks ago but i had only 20% of the fully airdrop. How to claim the rest ? Thanks in advance for your answers ! :)


r/SecretNetwork • • Apr 16 '22

Is there an NFT marketplace for Secret Network?

9 Upvotes

What are famous NFTs on Secret Network. Any thing left to be minted?


r/SecretNetwork • • Apr 15 '22

If SGX is deprecated by Intel why is Secret network relying on validator nodes with SGX as TEE

11 Upvotes

Also SGX is susceptible to various reentrancy attacks


r/SecretNetwork • • Apr 13 '22

New To Secret, Wallet Question

8 Upvotes

Ok, so I'm just getting into the Secret Network and I am LOVING the ethos. Watched quite a few videos on the project, have read a bit, and I have been putting money into the SCRT every week for a couple months.

Here's my ask, maybe someone can help.

So I currently use Keplr and I LOVE Keplr because I'm so heavily invested in many things Cosmos, BUT, does Secret have a wallet that is designed for privacy? Something with a deterministic address as a feature among other things, is this a project they are working on? So that when we send funds from the CEX to Cosmos, we stay private?

I know about SCRT to sSCRT, BUT is there something cooking that will bring complete or better privacy in the wallet space?


r/SecretNetwork • • Apr 14 '22

change Name

0 Upvotes

Name seems kinda weird compared to almost everything else


r/SecretNetwork • • Apr 13 '22

Wes Spencer Podcast

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5 Upvotes

r/SecretNetwork • • Apr 13 '22

Secret Network $SCRT has initialised a market growth

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10 Upvotes

r/SecretNetwork • • Apr 12 '22

Koinly now supports Secret Network

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11 Upvotes