Secretum x Alfprotocol: Expanding Solana’s Ecosystem With Decentralized Financial & Communication Services

Tue, 22 Mar 2022 09:51:48 +0000

Solana is a high-speed, low-cost decentralized blockchain that became an attractive base for many decentralized projects. Secretum and Alfprotocol is not an exception. By offering their messaging and decentralized financial services projects seek to expand Solana’s ecosystem. Both Secretum and Alfprotocol teams believe that this partnership will provide users with greater flexibility and functionality, and further solidify Solana as a one-stop solution for all their needs. In the following article, we will take a closer look into each of the projects and what their partnership will bring.

To begin with, Secretum is a decentralised, encrypted messaging and OTC trading dApp which:

The brand-new member joining Secretum’s community is Alfprotocol– a Solana-based leveraged liquidity provision dapp. Alfprotocol will integrate Secretum dapp to their day-to-date communication with the community and product users. Alfprotocol community members will be able to find all the latest announcements and information in the Smart Public Channel dedicated to Alfprotocol. Besides that, Alfprotocol users will have the ability to chat with each other using the Secretum private & decentralised messaging dApp.

Most importantly, Alfprotocol will use Secretum’s Smart Public Channel feature to educate the public about decentralized finances. They will share its educational videos, infographics and other content on their private channel. Thus, the public will be able to learn about DeFi in a decentralized app like Secretum.

In general, Alf is a protocol for capital deployment on Solana for the purposes of liquidity provision and yield farming, both with and without a margin of up to 200x.

The protocol introduces its own versions of an invariant-based Automated Market Maker 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 improves 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.

To celebrate this partnership, Secretum is launching a giveaway! 50 people have the chance to win a total of 2000 $SER and 250,000 $ALF tokens (worth 2000 USDT).


Prize pool:


More about Alfprotocol

 Alfprotocol – a step towards the third-generation DeFi, offering leverage for liquidity providers. At the core lies the protocol for leveraged liquidity provision into AMMs and yield farming. Alfprotocol offers 2 protocols for unleveraged liquidity management: AlfMM (DEX) and Alf (an overcollateralized borrowing service).

The core purpose is to provide entry points for traders and risk-averse investors, offering them a platform to trade and provide liquidity, all the while reining in additional revenue from indirectly providing liquidity.

More information about Secretum

Secretum is a decentralised, encrypted messaging and OTC trading dApp that is on a mission to make decentralized messaging and trading seamless. It is DeFi and metaverse compatible, being positioned as the go-to solution for the Web 3.0 era.

Secretum offers: validation through wallet, OTC, P2P trading (including NFTs) & access to smart public channels

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