On June 24th the burn contract for SCRT was initiated. This burn contract enabled owners of ERC-20 token ENG to convert their cryptocurrency to SCRT — the native token of the Secret Network. Since June 24th, approximately 62 million SCRT had been sent from the burn contract. Importantly, over 35 million SCRT were swapped by Binance on September 29th; Binance was the first major exchange to list SCRT pairs for trading. Overall, the swap was an absolutely resounding success as SCRT gained adoption of governance, staking, and secret contract functionality. An integral part of any ecosystem is the availability of wallets to store and use the native cryptocurrency of the blockchain.
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