Shade Protocol Airdrop for $ATOM and $SCRT Stakers | by Citadel.One | Citadel.One | Oct, 2021

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Shade Protocol Airdrop for $ATOM and $SCRT Stakers | by Citadel.One | Citadel.One | Oct, 2021


Greetings to all Citadel.one users and delegators!

The Secret Network Ecosystem is growing and today we are happy to introduce to you Shade Protocol — an array of connected privacy-preserving DeFi applications built on the Secret Network. Featuring $SILK: a privacy-preserving algo stablecoin.

The team has recently announced the details of the airdrop for Secret Network, Cosmos, and Terra users and stakeholders. We are happy to declare that Citadel.one users and delegators will be eligible for the airdrop! In this article, we will give you the details of this drop and explain to you what is the best way to maximize your returns.

$SCRT and $ATOM stakers seeking for $SHD airdrop are responsible for staking their tokens during the entire duration of the November 7th — December 13th range. This gives users 28 days to shift assets around in advance of snapshots — a lengthy period for stakers to prepare.

Staking Details

  • Secret ($SCRT), Atom ($ATOM), Luna ($LUNA) stakers are eligible for receiving the Shade airdrop
  • There will be no further communities added to the set
  • The target of ~1,450,000 Shade to be airdropped
  • 36% of airdrop to Secret Network stakers
  • 32% of airdrop to Atom stakers
  • 32% of airdrop to Luna stakers
  • No minimum required staking amount on any network
  • You can realize multiple airdrop rewards by staking in multiple networks.
  • ~1.5% of Shade supply will be devoted to an incentivized testnet / community participation in advance of Shade Protocol launch
  • Tokenomics will be finalized and published prior to the first snapshot on November 7th
  • DEX LP staking is not included in the airdrop on any network.

Staking Guides

1. Cosmos ($ATOM) staking guide
2. Secret ($SCRT) staking guide

A bit hesitant about a lengthy period for staking and then 21 days of unstaking? We know how to make your waiting time more pleasant! For this you can stake your SCRT and ATOM tokens on Citadel.one platform with our node and while waiting for Shade airdrop get additional staking rewards in XCT! Correct, it’s 4 in 1, win-win-win-win! Staking SCRT and ATOM with our platfrom will bring you SCRT + ATOM + XCT + SHD rewards, isn’t that brilliant?

Here is the guide on how to get more from your staking and receive XCT tokens on top of your staking rewards: https://link.medium.com/iBJDjKEJikb

If you have further questions, drop us a message to support@citadel.one. You can also join our chat in telegram, there is an active discussion of all current updates, as well as round-the-clock support from our managers.

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 ($IOST), KAVA ($KAVA), BSC and Tezos ($XTZ). We also support Ethereum, Bitcoin, and Tether ($USDT) for our users’ convenience. Mobile and desktop versions, new networks, including Polkadot 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.

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