Secretum, Alfprotocol Enter Deal to Expand Solana’s Ecosystem
- Secretum and Alfprotocol entered a partnership to expand the Solana ecosystem.
- Each party will combine and utilize each others’ services to improve the user experience.
- A giveaway has been announced to celebrate the partnership.
Solana is a high-speed, cost-efficient decentralized blockchain that has welcomed various decentralized projects into its platform. Among these projects were the blockchain messaging platform Secretum and capital deployment protocol Alfprotocol.
By combining both platform’s messaging and decentralized financial services, projects now are looking into expanding Solana’s ecosystem.
The teams behind Secretum and Alfprotocol trust that the partnership will provide users with more flexibility and functionality. Additionally, they believe the collaboration will further solidify Solana as a one-stop solution for all users’ needs.
This partnership is expected to bring about many game-changing developments.
What is Secretum?
Secretum is a decentralized, encrypted messaging and over-the-counter (OTC) trading dApp with the following features:
- Assures user data is secure by not collecting any sensitive information such as emails, ID numbers, DOBs, and physical addresses. All messaging is exclusively based on verifying wallet addresses via the node network.
- Bypasses geopolitical obstacles, including jurisdictional/IP access limitation and government censorship, among other factors, making sure messages are not tampered with.
- Supports message history and files (photos, documents, etc.) on anonymous, independent, and non-connected nodes on the Secretum network.
- Utilizes Smart Public Channels (SPCs), which can be used for communication with investors, product users, P2P deals, and trading assets like NFTs or tokens.
- SPC owners can upload exclusive content to legitimate crypto holders who pay subscription fees.
Alfprotocol, a Solana-native liquidity provision dApp, joins the Secretum community. The protocol will integrate Secretum into its standard communication with the community.
The SPC dedicated to Alfprotocol will serve as the community’s bulletin where the latest updates, advisories, and information can be located. In addition, the Secretum private and decentralized messaging feature allow users of partner products to connect.
Out of all these cases, using Secretum’s SPC as a learning tool is the most important. Educational videos, infographics, and other materials will be sent via the private channel, allowing users to learn about DeFi within Secretum.
What is Alfprotocol?
Alf is a Solana-based capital deployment protocol for liquidity provision and yield farming, both with and without a margin of up to 200x.
This protocol has its versions of an invariant-based Automated Market Maker (AMM) 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 optimizes 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.
Through the partnership with Secretum, Alfprotocol product users can now use secure, end-to-end encrypted messaging and smart public channels features.
Partnership Giveaway
Secretum, together with Alfprotocol, will be holding a giveaway in celebration of the partnership. 50 users will have the chance to win a total of 2000 SER and 250,000 ALF tokens (40 $SER and 5000 $ALF each). The giveaway will accept entries until April 4, 10:00 PM UTC.
Rules
- Go to Sweewidget.com – Secretum x Alfprotocol Giveaway
- Complete the tasks (The more tasks you do – the more chances to win you have)
- Wait until we will contact you regarding the prize
- The organizing team of the giveaway has the right to remove unsuitable entries from the competition.
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Read more: https://coinquora.com/secretum-alfprotocol-enter-deal-to-expand-solanas-ecosystem/
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