Why invest in Secret Network?
Secret Network is the ONLY blockchain project that supports privacy-preserving smart contracts. This uniquely positions Secret Network to become the cross-chain computational privacy hub for all blockchains. This means users of other blockchains can bridge to Secret Network to privately encrypt their public assets, use privacy-preserving defi applications, create secretNFTs, and much more!
Official Blog Posts
Social Media Presence
What is SCRT and how can I acquire it?
SCRT is the native coin of the Secret Network blockchain. It is used to for staking and governance on the Secret Network. Wrapped SCRT variants include sSCRT (SNIP-20 "Secret" Token) and wSCRT (ERC-20 version on Ethereum). SCRT can be purchased on exchanges and stored on wallets that support Secret Tokens. Wallets are required to interact with the Secret ecosystem.
Exchange Listings
Secret Wallets
What are "Secret Tokens" and what are their utility?
Secret Tokens (SNIP-20) are smart contract interactions on Secret Network that mint tokens that are private by default, encrypted to ensure both anonymity and confidentiality. Viewing keys are required to view token balances, transaction details, and token metadata. Secret Tokens can be used in various use cases, most notably in "Secret Defi" and in a new NFT standard for "SecretNFTs".
How do Secret Bridges work and what is the value?
Secret Bridges transfers assets on other blockchain networks (Ethereum, Binance Smart Chain, etc) to Secret Network. Once assets are transferred across a Secret Bridge, a Secret Token contract is executed and the assset is encrypted to be only viewable to address owners or holders of their viewing key. These Secret Tokens can then be used across the Secret Network ecosystem.
Secret Bridges enable Secret Network to become the cross-chain privacy hub for all major blockchains.
What is Secret Finance and Privacy-Preserving DeFi?
"Private finance emerges as crypto’s next major growth catalyst" - Cointelegraph
Secret Finance encompasses all privacy-preserving decentralized financial applications enabled by smart contracts built on Secret Network. Secret DeFi applications are cross-chain interoperable, front-running and MEV resistant, private by default, and utilize low fees. Secret Finance also offers high-yield opportunities for incentivizing growth.
Decentralized Applications for Secret Finance
Secret Bridge converts public assets (SCRT, ETH, ERC20s, etc.) into Secret Tokens that can be used across various secret applications
SecretSwap is a front-running resistant auto-market maker that allow users to exchange Secret Tokens and trade privately in a decentralized manner
Secret Auctions is a private "sealed" bid auction application that allows users to bid and transfer Secret Tokens over-the-counter in private
Sienna Network is an upcoming Secret DeFi platform that empowers user to privately swap, lend, and convert public tokens into private Secret Tokens
What are SecretNFTs?
SecretNFTs are non-fungible Secret Tokens, which enable verifiable representation of unique items and events, such that ownership and transactions are private by default. These unique items can be used for a variety of purposes, but generally, we believe tokens ought to be private if they represent our personal goods and experiences. Secret NFTs are perfect for these types of use cases.
Decentralized Applications supporting SecretNFTs
Secret Heroes is a playable game that utilizes secretNFTs created using the SNIP-721 standard on Secret Network.
Secret Manufaktur is an NFT minting platform and marketplace on Secret Network that protects intellectual property of artists.