Sienna Network is a privacy-first DeFi protocol with AMM (Automated Market Maker) exchange capabilities. Lending protocols and other features will be added later this year. Thanks to blockchain technology, Sienna is scalable, leading to very low GAS fees and nearly instant transactions. The privacy of the blockchain also prevents front-running trades. Privacy protects your wallet, making transactions visible only to you and not publicly on the blockchain. You can still keep track of your transaction history.
SIENNA: The native SNIP-20 token of the Sienna Network. Transactions made using SIENNA are fully private and encrypted. Supported wallets are also private.
wSIENNA (wrapped SIENNA) is the ERC-20 version of the native SIENNA token. Once Sienna goes live, it will be listed on a decentralized exchange and will be compatible with Secret Networks Ethereum bridge.
wSIENNA: An equivalent of wrapped ERC-20 SIENNA for interacting with the Ethereum blockchain. Through the ETH/ERC bridge, users can swap wSIENNA and SIENNA at a 1:1 ratio. Users can also return their wSIENNA by depositing their wSIENNA tokens into the bridge, which then burns the wSIENNA and releases native SIENNA tokens back to the user.