Shade Bonds Tutorial
Official Shade Protocol Bonds Tutorials.
Earn Yield
In this tutorial, learn how to earn $SHD by purchasing a ShadeBond. Simply deposit digital assets into the ShadeDAO and begin earning yield today!
Terminology
stkd-SCRT: a privacy-preserving liquid staking derivative for the Secret Network $SCRT token. Fee stream accrues to the ShadeDAO.
SHD: the treasury and governance token of Shade Protocol, pronounced “shade”.
ShadeBonds: a privacy-preserving DeFi instrument whereby users deposit assets into the ShadeDAO and after a vesting period are able to claim rewards from their purchased bond.
Requirements
~5 minutes
Keplr Wallet
Input asset that matches a ShadeBond
stkd-SCRT
SCRT
For gas
For interacting with ShadeBonds
Steps
Visit Site
Connect Wallet
Purchase Bond
Claim Rewards
Visit Site
Navigate to https://app.shadeprotocol.io/bonds - if it is the first time visiting the site, accept the disclaimer.
Connect Wallet
Purchase Bond
Select a bond opportunity with an input asset you own (such as stkd-SCRT).
Create a viewing key for the input asset.
Enter desired amount of tokens you want to deposit into the bond opportunity.
Claim Rewards
Navigate to https://app.shadeprotocol.io/bonds/claim and select a bond opportunity you’ve purchased.
You can view your recently claimed rewards under your portfolio!
Conclusion
Shade Protocol is an ambitious array of application-layer products focused on a simple end user experience that involves the incorporation of privacy by default. These interconnected privacy-preserving DeFi products built on Secret Network will change DeFi as we know it — empowering the next generation of value creation and exchange. Shade Protocol is launching Silk: a privacy-preserving collateralized, reflexive stablecoin built on Secret Network.
But we can’t do this without community. We need you to join our community and help make Silk and Shade Protocol a reality.