Silk Is Coming...
And with it, it will bring the center of stable coin liquidity in the
#CosmosEcosystem
directly to Shade Swap.
🔒 Private
🌐 Global
⚖️ Stable
Silk will turn heads in the
#cosmos
Mark Our Words.
$SHD $SILK
@Shade_Protocol
Want to win 100 $SILK? It’s easy…
1️⃣ make sure you are following
@Silk_Stable
2️⃣ reply to this tweet with your favorite Silk feature (see thread below)
3️⃣ retweet this tweet
Giveaway runs from Aug 1 until Fri, Aug 4 at midnight EST.
The man who knows the far reaches of Interchain about as well as anyone says that
@ShadeProtocol
is egregiously underrated.
We are easily looking at the best private DeFi suite in the world. Also... $SILK is one-of-a-kind.
📽️1 minute video courtesy of
@Cryptocito
. Make sure
$SILK is live on testnet!
We are incredibly close to having $SILK be readily available for people to use 🙌
Come try it out on testnet!!
$SHD $SILK ⚫️⚫️⚫️
Round
#3
of the Shade Protocol Incentivized Testnet has officially begun!
Participating is very simple! Please follow all the previous instructions that have been posted for testing! We are extremely excited to present ShadeLend and SILK for the first
In Case You Haven't Heard👂
@Shade_Protocol
isn't building another regular DEX
Say 👋To Our Cosmos Centric
#StableSwap
Incentivized Pools On Day 1:
$SILK/?
$SILK/?
$SILK/?
🌐WhitePaper Release: Nov 1
🗣️Rec. StableSwap Talk -
Welcome To The Shade⚫️⚫️⚫️
You have to respect Guy +
@coinbureau
refusal to let the core ethos of crypto be corrupted.
Their team has given $SILK a lot of love recently in multiple forms (blog, predictions, etc)
But this clip (a relic we dug out of our archives from before Silk was even out in the wild)
For Phase
#1
of Shade Lend, we've partnered with
@stride_zone
to accept
#StrideDerivatives
as collateral 🤝
⚫ $stATOM
⚫ $stLUNA
⚫ $stOSMO
We are extremely excited about this partnership and what it means for derivatives in the
#Cosmos
More assets to be announced soon 👀
Keep bumping into $SILK in your feed but still don't understand?
Everything you need to know in 6 tweets 🧵
1) Silk mitigates risk associated with most stables by pegging to a weighted basket. Silk can preserve value no matter what happens to a particular national economy
We loved
@brian_armstrong
's case for flatcoins like $SILK.
He says its the
#1
thing he would build right now if he wasn't busy, you know, being CEO of Coinbase.
He says that $BTC has some moneyness but it's not the kind of money we will transact and settle in.
For that, you
1/ I'm sharing the 10 ideas I'm most excited about in crypto right now. If you're building something in crypto or thinking about doing so - check it out.
We’re building lots at Coinbase, but we don't have time to tackle everything. So I figured I'd share these. Bear markets are
Thank you for 3K followers💓
The power of $SILK's vision is only realized when people like you refuse to settle for the status quo 🫡
You understand what is possible here 🤝
Has Coin Bureau been reading the $SILK roadmap?! 🗺️
Guy's 6th prediction for 2024 is that non-USD stablecoins will begin to be used as payment around the world 🌏
💳Yep, yep... we've got that on our roadmap with debit cards and Silk Pay
It's that time of the year. Everyone has come out with their predictions for 2024, and now it's time for those of team Coin Bureau. Here are our top 10 predictions + a very special bonus one that includes a giveaway. Be sure to watch till the end😉
Have you seen $SILK roadmap for 2024? 🔥
These items were mentioned within the larger roadmap for
@Shade_Protocol
(link below)
💳Silk debit cards in partnership with Fina (Q1)
🪙LP tokens as collateral for Silk (Q1)
🫰Silk Earn v2 (liquidations auto-convert to $SILK) (Q3)
$SILK solves a problem USD-pegged stables ignore.
🏦In the long-term, any currency sitting in the bank will bleed.
📉Stablecoins pegged to that currency are also vulnerable to the same devaluation.
🫰🕶️The ability to retain that purchase power - and to do so with privacy
What is the relationship between $SHD and $SILK? How are they different?
The first thing to be clear on is that they are fully independent assets. No risky interdependencies.
Both assets bring unique value to private DeFi on Shade Protocol. Here's the basics in 50 seconds...
One of the many bull cases for $SHD is that its the conduit for governance participation and decision-making regarding $SILK.
That means if Silk goes big, SHD goes way big.
Or SHD could go big first and then Silk gets mass adoption.
We really aren't too picky about the
Silk avoids the regulatory scrutiny of 1:1 fiat derivative stablecoins by pegging to a global index of value.
If a threat dictates the removal of a currency from the basket, governance can adapt the basket. So Silk can adapt to any macro scenario.
Can your stablecoin do that?
🚨 BREAKING NEWS 🚨
In 365 days your $1.00 stablecoin will (in the best case scenario) still be $1.00.
But $1.00 in the future will have less purchasing power than $1.00 today.
So... bad news, you lost value with your "stability".
But good news, $SILK will never play you
It is important that stables across the
#Cosmos
are united and collaborating together to create a better future.
We are all doomed if this is not the case
Excited to participate in
@Shade_Protocol
Stablecoin Summit on December 20th
Register Here -
Shout out to all our new followers! ✌️
We believe every human should have private access to a global decentralized bank in the palm of their hands 📲
So just remember, when you look
@ShadeProtocol
and $SILK... that's where this train is headed 🛤️
You can now LP $SILK on Osmosis
People are hungry. Hungry for stability that transcends the slow weakening of fiat-pegged stablecoins.
And Silk? Silk is cooking dinner people. 🍽️
👇
When the CEO of Coinbase says the
#1
thing he would build is the thing that you built 😮
$SILK
ICMI - here is
@brian_armstrong
talking about the massive potential of flatcoins
Silk has a very, very simple thesis:
Private stability is a human right.
The signs are everywhere if you are paying attention...
We need privacy for our finances. But thought leaders like
@VitalikButerin
are publicly warning crypto that we have build an on-chain world
Have you notice something weird happening on X?
Here it is yet again... another reference to $SILK in your feed.
But what is Silk and why are people so hyped about it?
Here's a two minute FAQ-style intro to Silk 👇
What makes $Silk a next generation
#stablecoin
?
A.) Globally inclusive
B.) Private, yet compliant and auditable
C.) Interoperable and reflexive
D.) All the above
Need the answer, find it here:
@coinbureau
Your team already featured $SHD and $SILK in a blog. Maybe its time for a video. There is nothing like Silk in the the world. Still. After one-year.
@thedefiedge
You should do some research into what
@Shade_Protocol
is building in $SILK 👀
Backed by a basket of global currencies and commodities, not just one asset ‼️
Love this clip from
@CoinBureau
Guy says decentralized stables are critical because centralized stablecoins look a lot like CBDCs. He's also an advocate for privacy.
Feels like Guy would like $SILK if he knew us 😉
Private. Global basket peg.
🤷♂️Why do call an asset stable just because the price is "$1.00"?
📉Why do we do this, even though the numbers "$1.00" convey less and less value over time?
$1.00 isn’t the pinnacle of stability.
It's time for a better definition of stability.
In the first ten months after
❓ Many ask why $SILK isn't pegged to just the US dollar.
✅ : SILK's shifting basket peg makes it more resilient to inflation/volatility risks tied to single currencies.
✅ Puts $SILK borrowers + holders in a unique symbiosis where both sides alternate "winning"
#Stablecoin
From the very beginning, the vision was to be able to buy coffee with $SILK ☕️
Think about what that means!...
✅The opportunity to spend a privacy-preserving asset from your self-custodied wallet.
✅An asset that preserved value better than cash and USD-stables by 5% +
The Fina Card Silver Tier Registration is LIVE!
A prepaid Web3 card that lets you spend your crypto in real life & online - even on bills!
Qualified users can register for Fina Card here:
100 slots available; first come, first served!
So what does this mean? What are the repercussions of the proposed House Stablecoin Bill?
Here's 3 major implications that will create big shifts in the stablecoin space...
1⃣Unless the bill has changed from our most recent read, it will place a two-year ban on endogenously
The House Financial Services Committee Chairman
@PatrickMcHenry
, in his final year in Congress, is still optimistic about passing a U.S. stablecoin bill.
And
@SenLummis
says the Senate's majority leader is open to it.
Want leverage (with privacy) on your high-performing assets?
Step 1: mint $SILK and adjust LTV to risk tolerance
Step 2: enjoy private DeFi and do whatever you want
$stATOM $stINJ $stOSMO $stETH $wBTC $SCRT
🤷♂️Some people are saying:
"If you're HODLing assets like $stETH, $stATOM, $wBTC, $SCRT, $stINJ as we slowly ramp into the bull -- why not lock those up and mint $SILK? Then you get private leverage on an asset you already have confidence in plus some Silk to go do whatever
"I know you're out there. I can feel you now. I know that you're afraid... you're afraid of us. You're afraid of change.
I don't know the future. I didn't come here to tell you how this is going to end. I came here to tell you how it's going to begin.
I'm going to hang up
❓When considering a potential relationship with a stablecoin what is most important to you?
What characteristic do you want to see before making a long-term commitment? 💕
We are thrilled to announce the upcoming launch of the Fina Card Silver Tier!
This tier serves as your gateway to acquiring the Fina Card. However, availability is limited, and we’re offering only 100 cards in the first batch.
💳 The first batch of Fina Card will be available
🤷♂️How does $SILK stabilize itself?
😨What if Silk de-pegged?
⚖️What mechanisms could resolve that?
📽️Bookmark this or watch now. 10 mins that will offer you a very understandable breakdown on Silk's innovative stability playbook.
Money has always evolved over time.
$SILK is a puzzle piece in that evolution.
The world deserves money that is decentralized, private, and preserves purchasing power.
This peg moves upward slowly over time because its designed to beat inflation
(about 25% of the peg is $BTC and $PAXG)
But he's right... the goal with Silk isn't to profit from the bit of volatility that exists in the peg composition.
The goal is preserving purchasing power.
It's not about profit, it's about protecting and supporting both the individual and the community
By using
@Silk_Stable
you:
- protect yourself from inflation
- protect yourself from
@ArkhamIntel
and chainanalisis dystopia
- helping Secret Network and Shade ecosystem
This is kind of a big deal for crypto... 👇
Don't miss out on the ability to buy coffee, groceries, or a car with a stablecoin that is...
⚛️decentralized via DAO governance
🔏private but fully auditable and compliant
🌍is NOT pegged to USD but rather a basket of global
ICYMI: There are some very powerful movement regarding
@Silk_Stable
and
@FinaCash
👀
These teams are working towards a day you can spend $SILK in the real world, without fear of bad actors and strangers getting your personal financial information
There are so many stablecoins out there that can EVOLVE and adapt with what the free market trusts as valuable. Seen it a thousand times.
Sorry. Just playin.
There's only one stablecoin like that.
One of our most engaged with videos this year was this clip of
@brian_armstrong
talking up $SILK without specifically referencing $SILK
If you missed it, take 3 minutes and let him make a bull case for precisely what we have built 🔥
$USDC $USDT
When a product is a superior solution, it doesn’t need to force its way.
If that product is the best option on the market, users will jump into that story and share it.
println!("Hello, world!"); 👋
30 million users now have seamless access to private DeFi and $SILK.
How?
@Shade_Protocol
now has full
@MetaMask
integration 🌑🦊
The party is just getting started... 🪩
⚡️Monday Reality Checks ⚡️
#1
- 99% of crypto operates with less privacy than any other financial mechanism in history.
#2
- Crypto is the future of money.
Conclusion: Don't get so excited about
#2
that you become blind to
#1
.
#1
has to change.
See $SILK
🪄We built a time machine and traveled to March 14, 2025 (happy to share blueprints later, just DM)
💵Turns out your friend's stablecoin is still worth $1.00. (We won't tell you what Silk's price is...)
Back here in 2024, this is the 1 month chart for Silk.
People ask,
Another thing you need to know about $PYUSD...
Some saying this is amazing for adoption.
Others angry that PayPal can freeze user accounts.
The lesson?
Just because something is good for adoption doesn't mean its good for YOU.
Decentralized stability is different.
Human rights are violated everyday.
Sometimes their theft is obvious and acute.
But other rights are eroded more silently.
It's why
@VitalikButerin
recently said that crypto is sleepwalking into giving away our right to privacy.
We moved from the privacy of cash and
1/ What is
@Silk_Stable
?
Rather than being pegged to USD and prone to regulation and centralization, $SILK is overcollateralized and pegged to a selection of global currencies, BTC and Gold.
This makes $SILK the ultimate hedge against inflation & macro volatility 🔥
Financial privacy is not $ZEC, $DASH, $XMR, or $BTC plus privacy tool
Those can be part of your strategy for financial privacy. A centerpiece of your privacy stack.
But you won't be able to buy groceries and transact everywhere in daily life with those assets anytime soon.
On X, inside the noise, it can be very difficult to get the raw facts about a project.
Every day you'll see a "straw man" getting beat up in the streets (see "straw man logical fallacy)
Our community celebrates all efforts towards privacy. We wish them success. At the same
Since
@Silk_Stable
inception (303 days):
⚡️SILK is up 4.7% against $USD
⚡️SILK is up 2.9% against $EUR
⚡️SILK is up 4.7% against $CAD
⚡️SILK is up 17.1% against $JPY
No single currency peg risk + more purchasing power +
#privacy
.
@ChrisBlec
We did.
$SILK is ready for anyone who takes private stability seriously.
✅ spend it (privately) IRL today using
@FinaCash
self-custody debit card
✅ housed within the world's most robust Private DeFi experience with
@Shade_Protocol
✅it's resilient against inflation (up 5%
📢 The new vaults are live!
1⃣Head to
#ShadeLend
2⃣Deposit $INJ or $stINJ as collateral
3⃣Mint $SILK
✅0% interest
✅0% borrowing fees
✅100% private liquidation point
#DeFi
@injective_
@Silk_Stable
NGL... if you are new here, we typically tweet about big ideas. World-changing monetary innovation undergirded by an ideology of economic freedom.
But today we're going to do something that has never really been done on this account. Here it goes:
Have a great weekend! 😎
Just one quick thing... please do not let anyone convince you that financial privacy does not matter.
They might be a true anomaly as a human being. Someone who genuinely has no regard for safeguarding their personhood. As such, they practice what they preach:
They are happy
Crazy scenario...
If the US government said "get USD out of Silk's basket" -- in a week, that could happen.
Some people don't understand ... Silk's peg can EVOLVE via governance
As a result, Silk can adapt to any economic scenario.
Shade Protocol and
@FinaCash
have officially partnered to bring a new wave utility to $SILK by empowering its access and usage globally
Our collaboration will make privately accessing, managing and spending $SILK as easy as managing USD.
Materializing the $SILK vision 🌑
🚫Silk is NOT just a stablecoin.
It's a statement about the kind of world we want to live in 🌍
In that world, private stability is a human right.
It's a world where value can be preserved instead of silently smothered by irresponsible monetary policy outside of everyday
Who understands Ethereum better than anyone? 🧠
If your answer is someone other than Vitalik...🤷♂️
Vitalik consistently has the pulse of the network. The best takes on Ethereum's needs.
And he recently brought up something BIG but not enough people are talking about it...👇
🛑If you didn't see this over the weekend: come over here real quick...
Question: Is your stablecoin bag beating out currencies like Silk is?
Probably not. As you can see, 99% of stables are losing value relative to Silk.
✨But there is no good reason to accept that loss
A peek into $SILK -
@Silk_Stable
purchasing power preservation relative to its FIAT peg components:
SILK is up 1.8% against $USD
SILK is up 1.5% against $EUR
SILK is up 3.0% against $CAD
SILK is up 13% against $JPY
No single currency peg risk + more purchasing power + privacy.
Silk has never been (and will never be) a maxi culture.
That attitude is NGMI...
Users need different stablecoin options. You have the right to choose how highly you value particular features.
Silk was born into the collaborative ethos of Cosmos. It's in our DNA. 🤝
If the future of money has zero privacy... does that mean that crypto broke money?...
😨That would be a real gut punch.
🌍But thankfully, it's not the case. Over 60% of global citizens care deeply about confidential data for finance.
🧠Major thought leaders inside and
1/5 Does anyone care about privacy with CBDCs? 🤷♂️
🧵 A short thread...
➡️ Depending on the country, about 2/3 of people would want privacy for a CBDC
➡️ Another survey shows 86% of people are concerned with data privacy
But will the people actually get what they want? 👇
When you're laying in bed at night, pondering crypto, do you ever think:
"Can this really happen? Can $SILK re-shape the future of money and gain widespread adoption?"
This blog post explores the variables that make ideas like Silk live or die 👇
💡It's dead simple but most people haven't made the connection.
If the dollar is slowly losing purchasing power that means stables pegged to the dollar are also losing purchasing power 🫨
Your choice is simple:
Lose the value OR choose $SILK to preserve purchasing power
Sometimes when $SILK walks into a room, people are already talking about the theory of something like Silk...
A couple years ago,
@RaoulGMI
made a strong case for why a basket-pegged stablecoin would be the ultimate holy grail of stability.
The DeFi landscape is massive. So much to explore.
We get it. But....
If you haven't yet visited
app . shadeprotocol . io
come by for a visit.
$SILK alone is worth the trip. But there's also a whole suite of interconnected apps to check out.
This is one part of the
6/
There was never an alternative. Never a mathematical and neutral solution.
Until now.
Silk.
There will be bumps along the way. Mistakes will be made.
But as with all revolutions, we blaze into both a bright and unknown future.
You only understand Silk when you understand the problem that it solves.
Money sitting in the bank - of any currency - will bleed. Stables pegged to that currency are also vulnerable to the same devaluation.
The ability to retain that purchase power - and to do so with
A heartfelt thank you to our community for your incredible support!
All 100 Fina Cards have been claimed, and we're already receiving your feedback. We're thrilled by your enthusiasm, and deeply value your insights!
$FINA
12% of Silk's collateral is $ETH.
This % will likely increase over time.
🌉 full Metamask integration and seamless bridge UX
🌑 private liquidation points on all loans
📊 average user LTV of 50% (max LTV = 70%).
ETH + SILK
We can tell that they are going to be friends
Why do you keep hearing about $SILK? What makes it unique?
Why has $SILK been live for a year but is still the first and - so far - only stablecoin of its kind?
🧠Everything you need to know in 3 minutes 👇
@Crypt0Proselyte
This might be a more helpful infographic since it includes $SILK.
We celebrate the ZEPH team's priority of privacy!
Haven't heard anyone suggest that they are immune from a death spiral though since the nature of exclusively endogenous collateral (even at such a high % ratio)
If you want the largest stable/stable pool in Cosmos, you need to go to ShadeSwap.
If you want the highest APR stable pool in the Cosmos (10%)... that's different.
You need to ummm...
[checks notes]
Ok, you need to go to ShadeSwap for that too
😎
app. shadeprotocol. io
Bookmark this and have a listen today as you walk, drive, clean, eat or whatever!
Almost everything from this 39 minute conversation is a solid clip (and we will share some the next few days). 🧠💪
But why deprive yourself?! Listen to the whole thing :)
➡️ How is consensus
Have you thought about the risks of global trade's heavy US dollar reliance?
🤔 What if
#stablecoins
like $SILK offered stability without fiat ties?
Read as we challenge the future of finance:
🧵 Do basket-pegged stablecoins have the same risk as fiat pegged stablecoins?
Not even close 🚫
The reason is simple: fiat derivatives have a severely under-acknowledged risk component: 1) monetary policy 2) regulation
Let's go behind the curtain on the regulation side ⬇️
1/
Hello World,
We stand on the brink of revolution. The printing of sovereign currencies impacts two groups. Those who benefit from printing, and those who are inflated.
You see, this is the Simple Truth.
Value is a pie chart.
@WatcherGuru
Financial tools custom built for surveillance are like, super cool.
Cash has privacy but, seriously, who even needs privacy anymore? Only bad guys, am I right?
IMF has never steered us wrong before. Rest assured they have our best interests at heart as they gently remove
Just like with any new, innovative tech, there is a learning curve with $SILK.
🤔What's something that you want to understand better about $SILK?
Reply below👇