Principles

The following are the primary principles of Shade Protocol.
Shade Protocol governance is responsible for enforcing and evolving this set of principles over time as necessary. Principles are in the hands of the decentralized community - may these serve as powerful (initial) guidance towards a robust, effective, and useful protocol that will be adopted and used globally.
Privacy is a human right
Privacy is the expectation
 All Shade Apps must adhere to at least 1 of the following rules:
The app increases the utility for SHD
The app grows the ShadeDAO
The app increases the utility of SILK
The app increases the demand for SILK
No new unique token per application
Unique per application tokens create an end-user experience designed around generating value for the specific application token as opposed to the end user 
Silk is agnostic with integrations
Stability of Silk is a public good
Triggers on actions that affect all token holders must be open-sourced
Avoid non-collateralized inflation
The only exception is the initial token distribution 
Income  > Expenditures 
ShadeDAO should passively build an account for LP rewards
A minimum amount of liquidity should be considered a public good
Avoid fixed-rate values within Shade Protocol tokenomics whenever possible
Fixed-rate values signal a lack of dynamic interaction with core attributes or a lack of measurement of value generation 
Do not overpay for security 
Do not sacrifice the end-user experience in the name of tokenomics 
In order to realize the rewards of being a Shade staker, you must take on some level of risk to help stabilize or grow the underlying protocol 
Tech Stack
Ethos
Last modified 1yr ago