Carter L. Woetzel⚫⚫⚫ Profile picture
Apr 10, 2021 28 tweets 11 min read Read on X
Monthly $SCRT Ecosystem Update Thread:

#1 Launch of $SEFI governance token on secretswap.io

👇👇👇
#2 $SEFI distribution $SCRT
#3 $SEFI liquidity chart $SCRT
#4 Swap routing live on SecretSwap $SCRT
#5 -> 10 new ERC-20 tokens supported on the Secret Ethereum Bridge. $SCRT

$RUNE $TORN $BAT $ZRX $ENJ $MANA $YFL $ALPHA $REN $RENBTC
#6 Secured by Secret Network and expected to launch April 2021, @sienna_network is building a new interconnected DeFi protocol that allows for a privacy-preserving lending, borrowing, and trading experience.

scrt.network/blog/introduci…
#7 Secret Grant 1: Secret NFT Standard $SCRT

github.com/SecretFoundati…
#8 Creation of a Secret Monero Bridge at
#HackAtomRU -> Proof of concept enables value transfer between the Monero blockchain and Secret Network!

@monero

devpost.com/software/secre…
#9 Secret Loans $SCRT

The Secret Loan project aims to provide lending for small structured debt that have fixed interest and can interact using stablecoins using ACH relationships and aggregating POS loans.

devpost.com/software/secre…
#10 Secret Vickrey Auctions $SCRT

devpost.com/software/secre…
#11 Fardels - a decentralized private social network

$SCRT

#12 Jangsa' FinSum 2021 NFT Submission $SCRT

github.com/jangsa/share/b…
#13 EUICCD - #NFT $SCRT

devpost.com/software/optim…
#14 Secret DeFi Map @secretETH
#15 sETH addresses on the Secret Ethereum Bridge

$SCRT
#16 Amount of daily $SCRT gas used
#17 Programmable Privacy at #HackAtomRU

@assafmo of Enigma MPC presented at #HackAtomRU by Cosmos. Assaf showed how to generate a secret random number using private inputs and private state, something that is only possible on Secret Network.

#18 Secret Heroes at #ETHGlobal $SCRT

Secret Heroes is an NFT based card battle game based on secretNFTs. Players buy packs for fighter cards(NFTs) and don't know their opponents fighters strength before the fight.

hack.ethglobal.co/showcase/secre…
#19 @CitadelDAO Mobile Wallet

On March 19th, @CitadelDAO released the first sneak peek of their mobile wallet that is soon to integrate and use the Secret Network bridge - which includes the ability to use and store Secret Tokens in the mobile wallet.
#20 Secret Network Website Updates

There has been a surge in community participation with updating the main Secret Network open-source website. This has resulted in an overhaul of the developer landing page, as well as the inclusion of a new sub-navbar for featuring media!
#21 $SCRT Secret Auctions UI Update
#22 $SCRT Secret Decentralization Report @SecureSecrets

securesecrets-org.medium.com/secret-network…
#23 @Altcoinbuzzio Coverage of Secret Network. $SCRT

#24 Andrew Hayward -> @decryptmedia coverage of Secret Network. $SCRT

decrypt.co/resources/what…
#25 $SCRT Covert ETH to SCRT tutorial @travispbonfigli

#26 $SCRT Network Overview Banner.
#27 $SCRT Open call for dev grants.

scrt.network/blog/announcin…
#28 $SCRT .....And so much more. Whenever I hear people thinking we are slowing down, all I see are signs of progress. Stay tuned.

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More from @l_woetzel

Oct 2, 2022
1/🧵 What is @Umee_CrossChain & why is it key to unlocking DeFi for Web3?

Problem: interest rates in crypto are entirely based on narrowly focused supply & demand data.

Solution: build crypto aggregated term structures that use time-to-maturity & credit-worthiness

Read on 👇
2/🧵 How does #Umee do this?

There is an entire ecosystem of uTokens that are claims on constantly accruing interest (in the form of uTokens). uTokens can simultaneously be used as collateral.

#ATOM
3/🧵 #Umee will also features meTokens which are essentially staking derivatives except the interest stream accrues in the form of meTokens (such as meATOM) that can then be used elsewhere in DeFi
Read 7 tweets
Sep 9, 2022
🧵1/ Grit, Grind, & Launching In Web3

I'm going to be honest,

Building is a tense endeavor - grinding away towards an unknown future.

From July 2021 - February 2022 (8 months) I was on fire for Web3. The dream of Shade Protocol and getting a team fulltime was my sole focus...
🧵2/

Countless tired nights.

I remember taking a set of pitch calls one tireless night at 11:00 pm, 1:00 am, 4:00 am., 7:00 am, and then working the rest of the day from the same co-op work space. Grinding out whitepapers, pitches, content, vision casting, interviews...
🧵3/

...building out the team, forming companies, benefits, the whole nine yards. This of course led to burn out. In February, post initial Shade airdrop I finally felt like I could take a deep breathe. But I felt a certain dullness.

Tthe adrenaline of sprinting to the...
Read 9 tweets
Aug 8, 2022
1/9🧵How is the $SILK peg computed?

SILK is a privacy-preserving overcollateralized stablecoin pegged to a basket of global currencies and commodities.

It reflexively follows a pre-defined peg based on price inputs, weights, and initial starting parameters⚫️

Math time 👇
2/9🧵 Initialization Inputs (simplified example):
Currencies (C) = {USD, EURO, GBP, JPY)
Weights (W) = {25%, 25%, 25%, 25%}
Target Peg (T) = {$1.05}

Initialization (C,W,T)➡️compute fixed weight for each currency with respect to their value & their percentage of composition.
3/9🧵 Compute fixed weights a(n):

a(0) is the fixed starting weight for the USD portion of the SILK peg.

Solve -> a(0) * $1 * = $1.05 * . 25
a(0) = .2625
Read 10 tweets
Feb 28, 2022
(1/37) Enough is enough.

I'm seeing people question the dedication, skill, size, and commitment of the Secret community.

Here is a thread highlighting the many people who have made an immense commitment Secret - impacting the larger Interchain community.

THREAD 👇👇👇 $SCRT
2/ @GuyZys author of the original whitepaper that eventually birthed Secret Network.

Guy is a visionary - he saw the future of privacy-preserving smart contracts before anyone else, gathering hearts and minds to make @SecretNetwork

Without him, none of us would be here. $SCRT
3) @TorBair - Tor's unwavering support for the ethos of privacy and how it can change the world has never been shaken. He has pushed the community to be something special. Hours of calls. The burden of responsibility and true leadership.

Thank you @TorBair , onwards and upwards
Read 39 tweets
Apr 9, 2021
DeFi to date has had very few regulations in place outside of a couple of earmark cases such as EtherDelta / DAO in 2018. Part of this appears to be due to a lack of understanding from regulators about DeFi and how it operates.... [Thread]👇👇👇 #bitcoin #DeFi #blockchain
In addition, the neckbreaking rate the DeFi community continues to innovate at makes it even more difficult for legislators to keep pace.

Which regulators are relevant to which parts of DeFi? ....👇👇👇
There are governance tokens, LP tokens, trades, and a decentralized community all partaking in this permissionless ecosystem of tools known as DeFi.

Regulators are typically inspired by consumer-protection, while not wanting to stifle innovation and progress... 👇👇👇
Read 4 tweets
Dec 28, 2020
Secret Network 2020 Annual Review $SCRT #cryptocurrency #blockchain

1) Roadmap

Massive progress on all fronts with organic community growth and use case creation.

See thread for more 👇👇👇👇
2) Secret Network Bridge

14+ ERC-20s -> Secret Token Factor -> Secret Markets -> Secret Auctions
3) Thriving Ecosystem
Read 34 tweets

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