Thread by @iowascero

(1/11)
What is $SEFI? 🤔

As with other AMMs, SEFI is the governance token of @secret_swap. SEFI is also the governance token of Secret Finance. As a SNIP-20 token it is private by default, and as a DAO it has enabled the first ever private governance system to go live on chain.

(2/11)
Beyond the AMM, it is expected to govern and have utility in other privacy DeFi dApps in the near future.

Projects that have already used or plan to utilize SEFI include:

🍄 btn.group ICO offered exclusively in $SEFI
🐳 Secret Whale Wars 👀🤔🤫

(3/11)
Secret #DeFi ecosystem to introduce:
📆 lending protocols
🦾 synthetic assets
♟ derivatives minting
🔄 trading protocols
🕳 dark pools

(4/11)
@secret_swap is the world’s first AMM that’s:
🚫🤖 front-running/MEV resistant,
😎🕶 privacy first
AND
🔗⛓ cross chain interoperable!
&
🕛✅ALREADY LIVE ON @SecretNetwork MAINNET!🔥🚀💎

(5/11)
Blockchains currently bridged to Secret Network and accessible on SecretSwap include:

🔷 @ethereum (and ERC-20’s)
🟨 @BinanceChain (BSC and BEP-20s)
🟠 @monero
🛅 First End-to-End private bridge
🚜 First yield farming opportunities for the $XMR ecosystem

(6/11)
🌉 Bridges that are currently being built to @SecretNetwork and @secret_swap include:

(₿) Bitcoin (@ShinobiProtocol)
🌖 @terra_money $LUNA 🚀
⚪️ @Polkadot 👀
🌈@Harmonyprotocol
AND

(7/11)
🎆 The Supernova Upgrade will connect Secret Network to the rest of the ⚛️ @cosmos Ecosystem through IBC, coming this October!
& more that have not yet been announced 🤫

(8/11)
🚀 $SEFI has the first mover’s advantage in #PriFi. SEFI was fairly launched at the end of March with a total FIXED supply of 1B tokens distributed over 4 years. In addition to protocol governance, some upcoming applications and potential usage of SEFI include:

(9/11)
🎰 SEFI Lottery
-Under the advisement of a top gaming industry professional
-Self-Sustaining & often with +EV for players
-Built-in SEFI burn mechanism🔥

💰 Buyback of $SEFI from Duplex Finance

💱 Buyback/Burn🔥🔥 based on volume PASSED in a recent Governance vote! ✅

(10/11)
🏊 Privacy preserving cross chain stable pools (Already LIVE on @secret_swap!)

🚧 Exchange listings are under negotiation

🔮 Prediction market 🔜

& A whole lot more under development. 🤫

(11/11)
It's truly an exciting time to be in on the best kept Secret ( $SCRT ) of Web3... Pretty much all of @SecretNetwork's ecosystem is insanely bullish. 🐂📣🎯

Start trading with protection from front runners on the premier privacy first #CROSSCHAIN AMM DEX of @SecretNetwork today 👇

secretswap.io

Join the conversation about the future of #DarkFi in the @secret_swap Telegram!

t.me/SecretSwap