Holders of the Shades privacy protocol token face an irreversible burn deadline for Feather eligibility on August 21, 2026. This event occurs alongside a major network transition, as SCRT Labs concludes support for the Secret Layer 1 blockchain.
The network’s future direction was determined by community governance, with Proposal 365 securing approval to ensure continuance. In contrast, the alternative migration plan outlined in Proposal 360 was rejected by voters, cementing the path forward for the ecosystem.
Key facts
- The deadline for SHD burn to qualify for Feather eligibility is August 21, 2026.
- Burning SHD tokens is an irreversible action with no guarantee of future value.
- SCRT Labs will end support for Secret L1 on September 1, 2026.
- Proposal 365, which focuses on network continuance, was approved by the community.
- Proposal 360, which proposed a migration strategy, was rejected by voters.
Why it matters
This period marks a definitive structural shift for the Secret Network ecosystem, moving away from previous operational models under SCRT Labs. Token holders must make permanent decisions regarding their assets before support ends, highlighting the finality of governance outcomes and the technical constraints of the privacy protocol’s upgrade path.