What is SCRT

What is SCRT:

Secret (SCRT) is a cryptocurrency and the native coin of the Secret Network blockchain. Just like Ethereum (ETH) and Bitcoin (BTC), you hold your Secret (SCRT) in a wallet and spend it when you want to use it on Secret Network. You can also stake it or use it to participate in governance.

To store, stake, or use SCRT for gas on the network, you’ll need a wallet. There are several options, including hardware wallets, browsers extensions, and mobile wallets.

Secret ($SCRT) is a cryptocurrency and the native coin of the Secret Network blockchain. You need to hold your Secret (SCRT) in a Web3 wallet and spend it when you want to use Secret Network. For the Shade App, SCRT is used for gas fees. You can also stake it or use it to participate in governance.

The privacy wrapped version of SCRT is sSCRT.

To store, stake, or use SCRT for gas on the network, you’ll need a wallet. There are several options, including hardware wallets, browsers extensions, and mobile wallets.

SCRT is public and anyone can view all transactions on a Secret block explorer.