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Shade Goes Omnichain: Expanding Access to SILK and Secure DeFi
- Shade Protocol is expanding its omnichain access with highly capital-efficient, yield-bearing liquid staking derivatives.
- Shade Protocol has introduced ‘The Button’, a new innovation designed to make entering Shade’s on-chain economy dead simple.
- ‘The Button’ allows users to buy SHD with zero slippage and zero trading fees aiming to encourage growth and make it easy for users to contribute to pools or mint SILK.
- After using The Button, users will have the opportunity to join an exclusive chat with other Button users.
- ‘The Button’ can only be pushed a limited number of times with a limited amount of slippage-free liquidity provided, which will not be refilled before November 17.
- The Shade ecosystem's focus on UX has powered its innovation by introducing some powerful analytics and auditing tools.
- As an alternative to traditional SHD staking, users can also mint dSHD, an autocompounding SHD liquid staking token that empowers users to passively earn staking yield while also putting the LST to work in Shade DeFi and beyond.
- The Shade protocol is positioned uniquely with its privacy posture and SILK to aggressively integrate with payment rails to drive Shade products’ adoption.
- Shade's core pillars include being secure and trustable, private and auditable, stable and diverse, supporting sustainability.
- Shade's approach of diversified collateral-based SILK supports innovation through diversity to integrate all its these beliefs into managing a seamless, omnichain economy.
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