Description
Shade Protocol is a suite of open-source, privacy-preserving decentralized finance (DeFi) applications built on the Cosmos ecosystem, specifically on the Secret Network. The platform aims to improve the entire DeFi stack to bring more assets on-chain by offering a range of products with on-chain data protection for both privacy and auditability. Key applications include ShadeSwap for trading, ShadeLend for borrowing and lending, and Silk, a unique privacy-preserving stablecoin pegged to a basket of global currencies and commodities. The ecosystem also features DeFi bonds, derivatives, and powerful omnichain integrations. Shade Protocol encourages community and developer contributions through a grants program to foster the growth of private DeFi in the Web3 space.