
The native governance token for Secret DeFi and SecretSwap: SEFI is live on mainnet
SEFI - native governance token for Secret DeFi and SecretSwap - has been deployed to mainnet. Inside: how to claim and earn SEFI, new SecretSwap landing page, order routing on mainnet, and what's launching next for Secret DeFi!

Cover art/illustration via CryptoSlate
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more ›
Hello to the Secret community!
Today we are extremely excited to announce the genesis distribution of SEFI – native governance token for Secret DeFi and SecretSwap, the first AMM launched on Secret Network. But weāve got some other surprises as well:
Weāre also announcing theĀ launch of a new landing page for SecretSwap, helping introduce the unique and evolutionary features of Secret DeFi –Ā front-running resistance, cross-chain liquidity, lower fees, and additional privacy protections for users.Ā This marks the beginning of a broader visual redesign for SecretSwap that will make it more usable and functional!
In addition, weāre excited to share thatĀ routing functionality for SecretSwapĀ is now live on mainnet!Ā This functionality allows for better prices for swaps, more fees for LPs, and more SEFI for everyone. Thanks to everyone who helped test this new feature.
To complement routing, theĀ sSCRT / SCRT pairĀ has now been added to SecretSwap! This now allows users to convert their SCRT directly into any secret token (and back), adding convenience and easing friction.
SecretSwapĀ has been live on mainnet since mid-February as a āsoft launchā before SEFI genesis. Since then, weāve attracted more thanĀ $90M in TVLĀ to theĀ Secret Ethereum BridgeĀ and $6M in liquidity to SecretSwap pools. Todayās launch marks the beginning of a new growth trajectory for SecretSwap and Secret DeFi as we prepare for the launch of additional Secret DeFi products and ecosystem bridges (including theĀ upcoming BSC bridge).
Right now,Ā users can claim genesis SEFI, stake SEFI, provide liquidity on SecretSwap to earn SEFI, and trade for SEFI (or any other Secret Token) on SecretSwap.
This blog post will:
- Confirm the ETH and Secret contract addresses for SEFI
- Instruct users on how to claim genesis SEFI and how to earn SEFI going forward as users of SecretSwap and Secret DeFi
- Outline next steps for Secret DeFi, including new bridges, new products, and much more!
Read on, and learn how to get started as an LP, trader, or Secret DeFi developer!
About SEFI
The total (fixed) supply of SEFI is 1 billion tokens (1,000,000,000 SEFI). 10% of all SEFI supply (100M tokens) was allocated for genesis, with the remaining 90% to be distributed over the next 4 years. The genesis distribution of SEFI was designed to ensure a fair and broad distribution of tokens to existing SecretSwap users, as well as other prominent communities across Secret Network and Ethereum.
Many more details on SEFI distribution (past and future) can be found inĀ this previous blog post.
SEFI is currently bridged between Ethereum and Secret, with some of the supply on Ethereum and some of the supply on Secret. Users can easily swap between SEFI on Ethereum and SEFI on Secret Network using theĀ Secret Ethereum Bridge.
- The ETH contract address for SEFI is: 0x773258b03c730f84af10dfcb1bfaa7487558b8ac
- The SCRT contract address for SEFI is: secret15l9cqgz5uezgydrglaak5ahfac69kmx2qpd6xt
- The Uniswap pool address for SEFI is: https://info.uniswap.org/pair/0xc3638b905e0b153cf24c3a99835e6a0ec0d3493f
- The SecretSwap pool address for SEFI is:
http://secretanalytics.xyz/secret1rgky3ns9ua09rt059049yl0zqf3xjqxne7ezhp
Claiming and Earning SEFI
Users can claim their genesis distribution of SEFI by visiting the following page:Ā bridge.scrt.network/sefi
When arriving, you can connect yourĀ KeplrĀ wallet orĀ MetamaskĀ wallet to see if you have available genesis SEFI to claim and how much.
Genesis SEFI was distributed to approximately 14,500 ETH addresses and 8,500 SCRT addresses.
There are two primary ways to earn SEFI going forward:
- Staking SecretSwap LP tokens:Ā by staking your LP tokens you will earn SEFI rewards over time. Here’s aĀ video tutorialĀ on becoming a SecretSwap LP.
- Staking SEFI itself:Ā by staking SEFI, you will earn additional SEFI rewards over time and be able to participate in governance.
You can start earning SEFI at the same URL:Ā bridge.scrt.network/sefi
The SEFI token allows the SecretSwap and Secret DeFi community to govern products in a decentralized fashion. Some of the aspects that the community can govern include:
- Spending the development pool
- Determining pools eligible for user rewards, including changing their respective weights
- Joining other communities, for example, by enabling joint liquidity mining campaigns
- SecretSwap fees and use of fees
- Adding other products into Secret Finance that receive and utilize SEFI
Only staked SEFI tokens will be eligible to participate in decentralized governance.
Whatās Next for Secret DeFi?
Secret DeFi is just a small portion of what is made possible by Secret Network –Ā the first blockchain with mainnet privacy-preserving smart contractsĀ (secret contracts).Ā This unique functionality provides critical protections for DeFi users, unlocks new valuable use cases, and provides a strong foundation for long-term growth.
Secret DeFi will be made up of many composable applications built on Secret Network, turning Secret intoĀ a universal cross-chain liquidity and data privacy hub.Ā SecretSwap (the first Secret-based AMM) is just the beginning of Secret DeFiās growth. With more Secret Apps already launched (such asĀ Secret OTC Auctions) and more on the way (includingĀ Sienna Network), we look forward to how the Secret community will continue to expand adoption of our ecosystem and drive new value for users.
In order to grow Secret DeFi further, we will also be launching new cross-ecosystem bridges that bring programmable privacy to even more assets and allow more assets to be utilized in Secret DeFi applications. Beginning with the upcoming launch of theĀ Binance Smart Chain bridge, we will continue to create critical bridges to active ecosystems like the rest of the Cosmos (viaĀ IBCĀ integration), Polkadot (via theĀ Plasm bridge), and more!
If youāre a developer, there are many opportunities to get involved in the ongoing expansion of Secret DeFi. There are already numerous community efforts underway on additional bridges (such as Monero), additional products (such as aĀ limit order book), and more.Ā With over $50M in grant fundingĀ available for ecosystem developers, we encourage you to look at what our community has determined would drive substantial value for Secret Network and global users of decentralized finance – then start building!
If youāre not a developer, consider joining one of our many Secret Committees! Over 300Ā Secret AgentsĀ lead and work across many active committees, including Awareness, Education, Design, Business Development, and more to help expand our reach and grow our products. Learn more about committees and how you can become a Secret Agent by visiting ourĀ communityĀ page:
You can continue to track the growth of Secret Network, Secret DeFi and SecretSwap by using theĀ Secret AnalyticsĀ page atĀ secretanalytics.xyz.

Now let’s build a decentralized financial system that works better for real users – with front-running protections, data privacy by default, cross-chain assets, and the strength of our global community ofĀ Secret AgentsĀ behind it!
Onwards and upwards!
To discuss Secret Network and Secret Apps, visit our community channels:
WebsiteĀ |Ā ForumĀ |Ā TwitterĀ |Ā DiscordĀ |Ā Telegram
Try the Secret Bridge:Ā bridge.scrt.network
Try SecretSwap:Ā secretswap.io
Disclaimer: This is a sponsored post that originally appeared on the Secret Network blog.