🌑What is SHD
SHD ("Shade") is the governance, utility, and treasury token of Shade Protocol - accruing value for the following reasons:
Transactable
Store of value
Scarce
Composable (usable by smart contracts)
IBC interoperability
Governance power
Claim on protocol revenue (staking)
Silk Pay fees
Protocol owned arbitrage
Shade Lend interest fees
Shade Lend liquidation fees
ShadeSwap trading fees
stkd-SCRT minting fee
stkd-SCRT withdrawal fee
Staked SCRT rewards
Protocol LP
Shade Bond revenue
Redemption pool fees
Control over Protocol Owned Liquidity (POL)
You can buy SHD on many cosmos chains or through Secret Network, but the Shade App is the best place offering low gas fees. At this time the only CEX you can purchase SHD on is BitMart.
Token Type: SNIP25
Token Symbol: SHD
Contract Address: secret153wu605vvp934xhd4k9dtd640zsep5jkesstdm
If you're new to our app, check out our #ShadeGuide playlist for additional tutorials to help you get familiar with the Shade app and become a pro user. We have videos that will walk you through all the features step-by-step.
Information provided in this post is for general informational purposes only and does not constitute formal investment advice. Please read the full disclaimer at shadeprotocol.io/disclaimer before relying on any information herein.
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