The practical implications of private DeFi governance may lead to more questions than answers.
The position continues a string of ongoing interest in privacy-protecting tech.
SecretSwap works similarly to Uniswap or SushiSwap but also has privacy benefits.
The bridge will also give users access to Secret DeFi, privacy-preserving decentralized finance apps built on the Secret Network.
Once the registration statement becomes effective, Enigma would be required to file annual and quarterly reports with the regulatory body for its token.
The Secret Network’s privacy-focused smart contracts will be formally proposed for the mainnet on Sept. 8. If approved, they’ll launch a week later.
The open-source Secret Network has begun a swap for defunct ENG tokens and launched a "secret contract" testnet with big name partners.
The Enigma mainnet was rebranded the Secret Network after an on-chain proposal by the community unanimously passed on May 17.