Privacy Public Chain Secret Network Announces Migration to Arbitrum Ecosystem, SCRT Converts to ERC-20

Secret Network, a privacy public chain, will migrate to Arbitrum, with SCRT tokens converting to ERC-20 tokens on Arbitrum, with a snapshot scheduled for September 1, 2026.

Native and staked SCRT will be migrated automatically, while other forms need to be converted in advance; after migration, SCRT will still serve as a governance token, and the team proposes to reduce the inflation rate from 9% to 5%.

After migration, SCRT Labs will stop maintenance and open-source the code, with proposals pending community voting.

Source: Public Information