Thread by @ShisuiKnowledge

@SecretNetwork has huge potential, here is a breakdown on different ways of buying $scrt and getting your @keplrwallet running...so you can participate in network descentralization & security, while also getting exposure on upcoming airdrops.

Quick thread🧵...

1/Topic breakdown:

I-Wallet, emphasis on @keplrwallet

II-Buying $scrt

a)CEXs
b)Osmosis DEX
c) Bridging tutorials for bringing liquidity on SN and buying on @secret_swap & @sienna_network

III-Staking (jump to number 10/)

2/Compatible $scrt wallets

3/ Personally i use @keplrwallet. Set up guides, brief and simple tutorials:
-Installation guide for Keplr Browser Extension
keplr.crunch.help/getting-starte…
-Creating a New Keplr Account keplr.crunch.help/getting-starte…
-Using ledger with Keplr medium.com/chainapsis/how…

4/Breaking it down:
1-Buy on any exchange and the withdraw your $scrt tokens.
-Worth mentioning, is that withdrawals to keplr or other wallets don´t need memo address, you only need MEMO when depositing to CEX wallets.

5/-Also last time i checked, @binance had lower withdrawal fees than @gate_io
-You can get your SN address by changing to SN on keplr, then clicking "deposit" to get the QR and scan it with your CEX mobile app.

6/-...or just click it (it will automatically copy), the address is usually below your "custom wallet name", it should start with "secret........".

7/-So on @osmosis, I´ll leave the next link (by lavender.five) that explains all the process in detailed steps.
medium.com/@lavenderfive/…
And this video tutorial (they have a lot more tutorials, check them out), by @secretcodepod

8/-On SN, you can get initial liquidity through a lot of bridges.
Monero $xmr bridge tutorial:
medium.com/@secretnetwork…
Ethreum bridge tutorial, for multiple ERC20 tokens:
medium.com/@secretnetwork…
BNB bridge for BEP-20 tokens
darrenvchiu.medium.com/secret-bsc-bri…

9/If you need any help using these bridges you can also get help on the bridge support channel on discord, here is a link discord.gg/yFNay2hG

To get gas for initial swap you can ask in discord, in secret pizza channel.

10/Staking:
Here are things to look out for & strategies for max potential on your $scrt delegating profits.

11/ For the basics check this medium by @secretnetwork
medium.com/@secretnetwork…

12/So staking is currently earning 24.46% anually (according to keplr). So is a great yield, even though you can get higher yields in dex pools, but probably limited airdrops.

Take into account:
-You can only redelegate every 21 days.
-Unbonding period of 21 days also.

13/Tools to plan your strategy:

Staking optimizer, it let´s you know info (re-staking) for maximum returns. Use this tool from @SecureSecrets
securesecrets.org/stakingoptimiz…

Staking Calculator:
stakingrewards.com/calculator/com…

14/Choosing a validator/node:

Things to take into account when choosing where to deligate your tokens are:
-Uptime
-Active Governance participation
-Commision (0% nodes are not advisable)
-Smaller nodes
-Nodes that are community contributors

secretnodes.com/secret/chains/…

15/Best practices for staking & and maximize airdrops possibilities?
So SN incentivizes descentralization, so in $shd airdrop they took into account some principles that are worthy of revisiting (even though $shd snapshot already over) these criteria for $scrt stakers were:

16/
A-"Exchange validators...will be automatically blacklisted on all networks", so don´t delegate with these or you risk airdrop probabilities.

B-"DEX LP staking is not included in the airdrop on any network".

17/
C-"Stake outside of the top 10 nodes of SCRT...", this is because of descentralization efforts.

D-"Do not stake with 0% commission based nodes inside of the top 25 validators", because this could be done for malicious reasons, undermining network security. So avoid this.

18/Why am I talking about these old criteria? Because @Shade_Protocol is deeply enrooted to SN, so I wouldn´t be surprised if these criteria continue to be very present in the next airdrops.

19/ That´s all for buying & staking, not the most entertaining thread jaja but needed to clear the basics for next one: Airdrop season on Secret Network!!!
@FOMOcraft
+ @ObscureFinance
+ @StakeEasy

Get more alpha from
@TorBair
@l_woetzel
@GuyZys
@scrt_labs
@scrt_foundation
@SCRTAgent000
@SCRTNetworkNews
@CryptoChem0000
@cryptocurnc1
@Myco_Freak
@assafmo
@SecretReuven
@Secretmansam
@scrtcosmonaut
@WinstonAnon
@cosorg
@WhisperNode
@scrtkeepernode

A follow & retweet would mean a lot 🤓

https://twitter.com/ShisuiKnowledge/status/1506800573433196554?t=YZGOYSW936WINohl-TbOXg&s=19