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Citadel.One

Secret Network Bridge Tokens Introduction (Part 2)

Hello Citadel fans and welcome to another article! In our last article, which you can read here, we spoke at length about the first half of our supported Secret Network bridge tokens. In this article, we will discuss the remaining tokens that are supported on our platform, as well as a short description of each.

To start with, we have sSCRT, sSEFI and FATS. These are the original SNIP-20 tokens.

sSCRT

Secret network is a privacy respecting set of smart contracts that allow for the usual workings of smart contracts with an encryption within the contracts themselves. sSCRT is a private version of SCRT.

sSEFI

SecretSwap is a protocol for creating liquidity and trading SNIP-20 tokens on Secret Network, and SeFi is the governance token for this protocol.

FATS

Fat secret is a snip20 token that was born and created on Secret Network Blockchain. Any transaction and all rolling balances are forever kept encrypted, ensuring both anonymity and confidentiality.

Shop with $FATS freely knowing that your purchases are always kept private.

sOCEAN

The Ocean Protocol allows users to create a decentralized marketplace, composed of data assets and services that can be exchanged by users. The marketplace connects data providers and consumers and links to the data itself. sOCEAN is the privacy enabled version of OCEAN made possible by the Secret Network.

sREN

Ren is defined as an open protocol that enables the movement of value between blockchains. sREN is the Secret network version of REN with privacy features enabled natively.

sRENBTC

RenBTC is an ERC-20 token that allows a decentralized representation of Bitcoin within Ethereum. In other words, it is a form of Bitcoin or a bitcoin pegged token that exists on the Ethereum blockchain.

sRUNE

ThorChain is a liquidity and interoperability system, and RUNE is the native token of ThorChain. sRUNE is the Secret Network version of RUNE with privacy features natively added.

sSNX

Synthetix is a protocol that allows for trading synthetic assets on Ethereum. SNX is the major token of this protocol, and sSNX is the Secret Network version of SNX that offers improved security and privacy features.

sSUSHI

SushiSwap is a decentralised trading platform that allows the anonymous exchange of assets through liquidity pools. The main governance token of this protocol is SUSHI, and sSUSHI is the Secret Network based version with more privacy features.

sTORN

Tornado protocol is an Ethereum based protocol that aims to improve privacy on the Ethereum network by encrypting sending addresses and destination addresses of transactions. sTORN is the Secret Network based version of TORN with a focus on even more privacy.

sTUSD

Created by the TrustToken platform, TUSD is a dollar pegged stablecoin that aims to always be equal to one dollar. sTUSD is the privacy version of TUSD enabled by the Secret Network.

sUNI

Uniswap is a decentralized automated market making platform allowing for peer to peer trades with no middleman using liquidity pools. UNI is the governance token of this protocol, and sUNI is the privacy enabled version created by Secret Network.

sUSDC

Created by Coinbase, USDC is a stablecoin that aims to keep its price at one dollar. sUSDC is the Secret Network version of the token having encrypted transactions and more privacy features.

sUSDT

USDT was created by Bitfinex to be a dollar pegged stablecoin always maintaining its value at exactly one US dollar. sUSDT is the Secret network version of USDT with privacy features.

sWBTC

WBTC is a version of BTC made to work on the Ethereum blockchain. sWBTC is the Secret Network version of this token that has better privacy features.

sYFI

Yearn Finance is a protocol built on the Ethereum network that enables the automatic investment of a users’ funds into the highest yielding pools without any manual input from the user. YFI is the main token of the protocol, and sYFI is the Secret Network version of the token with privacy features enabled.

sYFL

LinkSwap is a decentralized automated market maker platform that allows for trades within liquidity pools. sYFL is the Secret Network version of this token with privacy features put into place.

sZRX

0x is an open protocol, utility token for decentralized peer-to-peer exchange of Ethereum tokens. ZRX is the main token of this platform, and sZRX is the Secret Network version with privacy features enabled.

And those are all the tokens available on citadel.One Secret Network bridge.

More details on the bridge will be released as development of the bridge continues. Ensure you are following our social channels to be the first to know when we drop an update!

About Citadel.one

Citadel.one is a non-custodial Proof-of-Stake platform for the management and storage of crypto assets. Users can create public addresses for all supported networks with one seed phrase, connect their Ledger or Trezor device, or import an address generated by another wallet.

The analytical dashboard provides relevant information on wallets’ balances and networks’ main metrics. In Citadel.one, we standardize the semantics, making interactions with the platform as easy as possible. The same goes for network metrics. By using universal terms, we are making it easier for users to understand and compare networks.

One of the main functions of the Citadel.one platform is participation in the PoS consensus — users can stake and delegate their assets, claim rewards, and follow the latest network proposals in the voting tab.

Citadel.one offers its users instant cryptocurrency exchange services that allow fast and secure crypto assets swap. It is also possible to buy and sell crypto with a credit or debit card. Citadel.one users can track rewards, withdrawals, transfers, and deposits across all supported networks and add comments to these transactions.

Among PoS platforms, Citadel.one supports BAND network($BAND) Secret Network ($SCRT), Cosmos ($ATOM), ICON ($ICX), IOST, Orbs, and Tezos ($XTZ). We also support Ethereum, Bitcoin, and Tether ($USDT) for our users’ convenience. Mobile and desktop versions, new networks, including Polkadot and Ontology, are scheduled for the upcoming updates. Furthermore, delving into the idea of true decentralization, we envision Citadel.one a decentralized autonomous organization and a genuinely community-owned platform in the nearest future.

Learn More About Citadel.one

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Citadel.One

Citadel.One

Citadel is a multi-asset non-custodial platform for the management and storage of crypto assets