Shade Protocol ❎

Out of stealth. Into a new chapter. Follow @Featherlend. The gateway to the Internet of Lending, powered by Morpho. Massive partners to come. $SHD and SILK w/ opportunity to be part of the journey. Devs cooked ➪🪶 Existing products will remain and be maintained on Secret.

@Viktor_prinzz If you connect your wallet, you should be able to check your balances as is.

@Shade_Protocol Good call from you guys. Is there any dashboard that shows available positions, LP's or staked balances on shade protocol rn?

⚠️ Announcement, please read the following forum post forum.shadeprotocol.io/t/finalizing-t… TLDR - ShadeSwap trading resumes Friday, July 10 @ 6:00 PM GMT+0 (SILK state will be unfrozen as trading for SILK will resume at the same time, allowing users to wind down and exit positions) Use this window to exit everything. - The SHD → Feather ($FTR) burn deadline has moved up to August 5, 2026 (previously October 15). The burn contract closes permanently on that date. - Why: SCRT Labs is migrating $SCRT to Arbitrum and dropping official Cosmos L1 support on September 1, 2026. Any tokens left inside smart contracts at their September snapshot will be more than likely permanently lost. - What to do today: Begin unstaking SHD (7-day unbond) and stkd-SCRT (21-day unbond) immediately. On Friday, withdraw all LP positions, close SILK/ShadeX lend positions, and unwrap and bridge out all SNIP-20 assets back to native form. - Final step: Once liquid, burn your SHD via the official burn contract ( Shade App ) with your verified EVM address before August 5 to qualify for the $FTR allocation. This is one-way and irreversible. - Axelar exploit update: Proposal #490 (freeze hacker funds) passed July 5 with 99.98% YES — encouraging, but non-binding. Remediation will follow its own track that we are continuing to help push; but with the recent Secret Network news Shade can’t stay frozen waiting for these next steps.

Enough is enough. @axelar there are $700k of hacked funds STILL SITTING on Axelar from the exploit on Secret. There are multiple examples in history of DAOs seizing hacked assets to help remediation. Your refusal to protect users is disgusting. mintscan.io/axelar/address…

We have identified an incident affecting assets bridged over IBC to Secret Network from the Axelar chain, with approximately $4.67M worth of tokens taken. Based on current information, the issue is isolated to the Secret-side ICS-20 smart contract of the Cosmos IBC connection between Secret and Axelar, used for assets bridged from Axelar to Secret. Immediately upon becoming aware of the incident, the Axelar emergency committee has disabled the Secret and Secret-SNIP connections. We're reaching out to the relevant exchanges and law enforcement agencies. The incident is isolated to assets on Secret bridged over IBC from Axelar. No other IBC connections or Secret tokens appear impacted. No other Axelar integrations are affected. Axelar’s core protocol is not affected. We're preparing a detailed post-mortem.

We have identified an incident affecting assets bridged over IBC to Secret Network from the Axelar chain, with approximately $4.67M worth of tokens taken. Based on current information, the issue is isolated to the Secret-side ICS-20 smart contract of the Cosmos IBC connection between Secret and Axelar, used for assets bridged from Axelar to Secret. Immediately upon becoming aware of the incident, the Axelar emergency committee has disabled the Secret and Secret-SNIP connections. We're reaching out to the relevant exchanges and law enforcement agencies. The incident is isolated to assets on Secret bridged over IBC from Axelar. No other IBC connections or Secret tokens appear impacted. No other Axelar integrations are affected. Axelar’s core protocol is not affected. We're preparing a detailed post-mortem.

1/ 🪶 Feather is LIVE on @KaiaChain With ~$230M in stablecoins onchain + real FX flows and commerce for USDT, IDRX, JPYC ➡️Kaia and Feather (powered by @Morpho ) are set to facilitate onchain credit across the APAC region. Kaia features: - Native USDT - 1 second finality - Gasless transactions - Integrated with consumer platforms like LINE Lend and borrow today on Kaia⤵️ app.feather.zone/kaia/borrow

From one privacy protocol to another, Congratulations on the launch!

1/ pyUSD vaults are live on the🪶Feather interface on @SeiNetwork - curated by @Featherlend and @Y10kCapital and risk ops by @Rockaway_X Powered by @Morpho🦋 Earn additional stablecoin rewards via @merkl_xyz SEI provides sub-second finality, which means nearly instant settlement for pyUSD lending, borrowing, and liquidations. Liquidity syndication via @yield_network To access this opportunity, bridge in pyUSD using @StargateFinance to SEI.

@WhaleDonJon @cosmos @mars_protocol @HypeliquidX Last standing overcollateralized stable of Cosmos (SILK). Last standing reliable money market.

Another @cosmos lending platform going down. Watched @mars_protocol make a similar post today. Last reliable lending solution on chain IBC might be @Shade_Protocol. Thanks for trying.... The dreams of WAGMI live on in the @HypeliquidX ecosystem.

The Feather🪶interface is LIVE on @TacBuild, powered by @Morpho🦋 Empowering seamless power user access to Morpho smart contracts across the entire Telegram ecosystem. Featuring⤵️ - Vaults via @Re7Capital @nine_summits @SingularV_xyz @EdgeVenturesVC - Advanced analytics - Portfolio / tx history - Lend/borrow functionality The ultimate power tool for DeFi users on $TAC.

And yet you never saw any leading Cosmos people hailing SILK and wanting to push it. The whole Cosmos story could have been different if DeFi had been built around this actual innovative stablecoin.

$SILK MAX performance: +40.9% (3 years) ATOM MAX performance: -28.5% OSMO MAX performance: -99.2% SILK is the apex Cosmos asset no one knows about. All you ever had to do was hold SILK. Just imagine when SILK V2 comes to EVM land.

@AirdropGlideApp SEO doesn't forget us. Anyone who looks up Shade will find us :p

Have people forgotten already about the other Shade? You know, the Cosmos one? 😬

@louizaroz @AirdropGlideApp It is not the same Shade, just a team that is going to struggle with 5 years of SEO pointing to us :p

@AirdropGlideApp Is this the same @Shade_Protocol ?

@AirdropGlideApp @juhannrossouw Correct.

@juhannrossouw I don't think these two Shades are related.

@joe4deadcat @AirdropGlideApp It is not the same Shade, just a team that is going to struggle with 5 years of SEO pointing to us :p

@AirdropGlideApp I saw this an hour ago. Confused.

Accidental SEO win here 😅 But in all seriousness, always great to see more privacy builders ⚫️⚫️⚫️

@Shade_L2 Hi