Secretum x Alfprotocol: Expanding Solana’s Ecosystem With Decentralized Financial & Communication Services
22 March 2022 - 7:51PM
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Solana is a high-speed, low-cost decentralized blockchain that
became an attractive base for many decentralized projects. Secretum
and Alfprotocol is not an exception. By offering their messaging
and decentralized financial services projects seek to expand
Solana’s ecosystem. Both Secretum and Alfprotocol teams believe
that this partnership will provide users with greater flexibility
and functionality, and further solidify Solana as a one-stop
solution for all their needs. In the following article, we will
take a closer look into each of the projects and what their
partnership will bring. To begin with, Secretum is a decentralised,
encrypted messaging and OTC trading dApp which: Does not collect
any sensitive personal data (emails, ID numbers, DOBs, physical
addresses, etc). All messaging is exclusively based on verifying
wallet addresses via the node network. Bypasses
geographic/political obstacles (jurisdictional/IP access
limitations, government censorship, etc.), ensuring messages are
not censored, filtered, or tampered with by third parties. Holds
message history and files (photos, documents, etc.) on anonymous,
independent, and non-connected nodes, on the Secretum network.
Smart Public Channels (SPCs) – can be used for communication with
investors, product users, P2P deals and even for trading assets
like NFTs or tokens; SPCs owners can upload exclusive content only
available to people who prove that they own a certain amount of
crypto assets or pay subscription fees. The brand-new member
joining Secretum’s community is Alfprotocol– a Solana-based
leveraged liquidity provision dapp. Alfprotocol will integrate
Secretum dapp to their day-to-date communication with the community
and product users. Alfprotocol community members will be able to
find all the latest announcements and information in the Smart
Public Channel dedicated to Alfprotocol. Besides that, Alfprotocol
users will have the ability to chat with each other using the
Secretum private & decentralised messaging dApp. Most
importantly, Alfprotocol will use Secretum’s Smart Public Channel
feature to educate the public about decentralized finances. They
will share its educational videos, infographics and other content
on their private channel. Thus, the public will be able to learn
about DeFi in a decentralized app like Secretum. In general, Alf is
a protocol for capital deployment on Solana for the purposes of
liquidity provision and yield farming, both with and without a
margin of up to 200x. The protocol introduces its own versions of
an invariant-based Automated Market Maker protocol for exchange
operations and a money market for short-term loans. The central
contribution to the Solana ecosystem is a protocol for leveraged LP
positions in AMM pools and yield farming protocols. Alf improves
capital efficiency and facilitates more liquid markets by
connecting low-risk, low-effort investors providing liquidity to
lending protocols with risk-seeking, active management investors
who focus on leveraged liquidity provision and yield farming
positions. To celebrate this partnership, Secretum is launching a
giveaway! 50 people have the chance to win a total of 2000 $SER and
250,000 $ALF tokens (worth 2000 USDT). Rules: Go to Sweewidget.com
– Secretum x Alfprotocol Giveaway Complete the tasks (The more
tasks one does – the more chances to win they have) The winners
will receive a communication from the platform regarding the prizes
they have won. Prize pool: 2000 $SER and 250,000 $ALF (40 $SER and
5000 $ALF per person) Deadline: Monday, 4th of April, 10:00
PM UTC More about Alfprotocol Alfprotocol – a step towards
the third-generation DeFi, offering leverage for liquidity
providers. At the core lies the protocol for leveraged liquidity
provision into AMMs and yield farming. Alfprotocol offers 2
protocols for unleveraged liquidity management: AlfMM (DEX) and Alf
(an overcollateralized borrowing service). The core purpose is to
provide entry points for traders and risk-averse investors,
offering them a platform to trade and provide liquidity, all the
while reining in additional revenue from indirectly providing
liquidity. More information about Secretum Secretum is a
decentralised, encrypted messaging and OTC trading dApp that is on
a mission to make decentralized messaging and trading seamless. It
is DeFi and metaverse compatible, being positioned as the go-to
solution for the Web 3.0 era. Secretum offers: validation through
wallet, OTC, P2P trading (including NFTs) & access to smart
public channels
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