Shade as privacy liquidity hub - long-term proposal

Shade Protocol
1

Hi, there are a lot of great privacy projects ( primarily building infrastructure like VPNs, mixers, … ) in the Cosmos ecosystem and beyond, this proposal serves as a roadmap for creating a financial environment for these assets.

Goals:

  1. to improve the financial capability, availability and token utility of these protocols and thereby facilitate their growth

  2. Increase awareness and utility of the Shade/Secret Network for the privacy community ( creating a liquidity hub for the privacy crypto ecosystem )

  3. Increase the utility of SILK as a payment medium

Plan:

  1. Create more liquidity with privacy protocol tokens
    IBC : ( JKL, dVPN, NYM, DEC,… )
    Non-IBC ( XMR, ZEC, NAV, … ) - not core ( need to create a bridge = high cost )
    Ideally through a liquidity match

  2. Create LSDs for privacy protocol tokens ( Shade = Dark Stride )

  • JKL
  • dVPN
  • NYM ( so far 0% APR, staking is in the preparation phase )
    other tokens either don’t exist or have too small MC
  1. SILK integration into privacy protocols such as NYM or Jackal Protocol for service payments
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