#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.
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.
@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.
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.
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!
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]๐๐๐ #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? ....๐๐๐
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... ๐๐๐