Hello Secret Agents!
We just published a post about Secret DeFi, based on the secretToken standard. Secret tokens works like ERC 20 but the balances and token transactions are encrypted given the privacy preserving smart contracts. This has been tested during phase 1 testnet with secret contracts, which included validators like Staked, Figment, Chorus.one, Iqlusion and others.
We are very bullish about secret applications, especially in DeFi that will be powered by the secretToken standard. Privacy is critical for adoption of DeFi and more efficient capital allocation. If you have thoughts, comments and feedback for us regarding Secret Defi, please share them in this thread!