📢 Community Update: Proposal Posted on Forum
The Secret^3: Community Continuance of Secret Network L1 proposal is now live on the governance forum for community review and feedback!
This proposal details a structured plan to keep Secret Network running on its native L1 chain under new stewardship and refreshed tokenomics.
Quick Summary:
Chain Status: Native Cosmos L1 continues uninterrupted. No chain migration or forced token swaps.
Holder Alignment: Existing SCRT balances (including staked SCRT via Shade) are preserved in full.
Economics & Remediation: A token restructuring to fund ongoing core development, validator & relayer incentives (5-year vest-while-validating program), and dedicated hack remediation.
Inflation: Fixed baseline of 5% with a 0% protocol foundation tax.
💬 We want your feedback! Before this proposal transitions to an official on-chain vote, please review the breakdown, ask questions, and share your thoughts directly in the forum thread.
Make your voice heard and get ready to vote!
🔗 Read & Comment Here: https://forum.scrt.network/t/secret-3-community-continuance-of-secret-network-l1/8020?u=snf_admin
Secret Network
Secret^3: Community Continuance of Secret Network L1
Summary This proposal is a concrete path to continue the Secret L1 under new stewardship, with economics that can actually fund development, infrastructure, and remediation — without migrating away from the existing chain, and without leaving any class of…
August 5, 2026 540 4 2
