> For the complete documentation index, see [llms.txt](https://docs.shadeprotocol.io/shade-protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.shadeprotocol.io/shade-protocol/advanced-topics-apps/stkd-scrt/feautures.md).

# Feautures

![](/files/nlnp3jXsfjlzvYBKcPyx)

The following is a list of stkd-SCRT features: 

* **Fungibility**
* **Privacy-preserving staking**
* **Automatic reward compounding**
* **Reduced slashing risk**
* **Improve Secret Network performance**
* **LP opportunities**
* **Lending opportunities**

With stkd-SCRT, users are able to move, trade, and leverage their locked staking assets by minting or buying a liquid token representation of these underlying positions (in the form of stkd-SCRT). This unlocks an incredible amount of value for users, and helps power Shade Protocol and Secret Network DeFi.