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$5M+/year flowing into the protocol treasury from shield/unshield fees. 70% of circulating $RAIL is locked securing the system. Every 2 weeks, 4.2% of treasury ETH, DAI, and RAIL is claimable by those stakers. On-chain. No middleman.
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Next for Noir, the $RHEA wallet: shield and unshield $ZEC on any chain, your $ETH included. Each signature is split across ~200 fresh accounts through the $NEAR confidential layer, so nobody can link them back to you.
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If I shield ZEC, what can I do with it? Answer: Hold it or transfer it, right? To do any DeFi with it, I have to unshield it? So to swap in/out, I give up privacy first? I guess I could shield ZEC, transfer to other shielded addresses, then unshield later to store/spend/use it. But most CEXs only accept unshielded ZEC? So if I buy ZEC on a CEX, it has to be transparent ZEC and if I withdraw/send that ZEC to a wallet, the CEX has me now linked. In order to spend ZEC, practically speaking, then I have to unshield it, because very few, if anyone, accepts shielded ZEC? Ofc, I could pay someone else with a shielded address, if I can track someone down willing to accept shielded ZEC. All this to say, I can store value indefinitely in shielded ZEC and potentially transfer/pay it to other wallets, but the path post-buying ZEC, and prior to shielding ZEC, is likely doxxed onchain through an exchange relationship. So I can't buy/acquire ZEC, without exposing myself. And I can't use ZEC as money, without unshielding it? But it is money? Superior private money? Just money I can't use?
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⚠️ Important: do not send shielded USDCx to Kraken. Kraken does not support shielded USDCx, and sending shielded funds may be lost. Please do not attempt this. If you're moving USDCx from Aleo to Kraken, unshield the balance first so that it is public and confirm the destination supports it before sending. If you experience any issues, feel free to reach out to Kraken support👇
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Mixers pool funds. Privacy coins leave the chain. RAILGUN: Shield any amount. Split, merge, send, or unshield only what you need. Private transfers and private DeFi on the chain you're already on.
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Hinkal Wallet now supports @BNBCHAIN. Everything the wallet does now works on BNB Chain: • Two accounts in one wallet: a public account for everyday use and a private account where balances and history stay off display • Shield and unshield between them anytime, or auto-shield incoming funds straight into the private account • Send with the sender, recipient, and amount hidden; pay any public address without revealing who paid • Swap from your private account • Swap & bridge from your public account • Fully self-custodial The largest daily user base in crypto runs on BNB Chain. Now it has a wallet where what you hold and who you pay stays your business. Privacy built into the way money already moves. Start using it here
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My colleague Abi recently demonstrated the latest @arc privacy version to a packed room at Stanford. He showcased some key features of Arc Privacy Sector including: shielding/unshielding assets, deploying privacy-enabled smart contracts, reading private data, and so much more.
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Following today’s STRK20 contract upgrade to support expanded screening functionality, new shielding deposits were temporarily unavailable due to an issue with the verification step for screening signatures. The issue has now been resolved, and shielding is available again. During the downtime, user assets were not at risk, existing shielded assets remained available for unshielding, and private transfers continued to work throughout.
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