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About Railgun
Railgun: Revolutionizing Privacy and Security for Cryptocurrency and DeFi Users
Railgun is a groundbreaking smart contract system that utilizes cutting-edge Zero Knowledge Proof (ZK-SNARK) technology to provide unmatched privacy and security to cryptocurrency and DeFi users. By leveraging Railgun, users can ensure that their wallet addresses remain completely hidden from public view on blockchains. This ensures absolute privacy and confidentiality when engaging in trading activities, using leverage platforms, and participating in liquidity generation with decentralized applications (dApps). Unlike other layer 2 solutions that rely on trust in third parties, Railgun operates directly on the Ethereum mainnet, eliminating security risks and unnecessary intermediaries. Initially, Railgun supports several popular ERC-20 tokens such as RAIL, USDC, renBTC, and renZEC, with additional tokens to be added through community-driven governance votes.
Explore More About Railgun:
Website: Railgun.ch Github: Railgun Github Promotional AMA’s: Railgun AMA w/ AMA Room AMA With PANews
Unleashing the Power of RAIL Token:
Introducing RAIL, the Native Governance Token for Railgun Privacy
RAIL can be acquired on various decentralized finance (DeFi) exchanges, such as Uniswap, and serves as a powerful governance token. By owning RAIL, users gain voting rights for crucial upgrades and developments within the Railgun ecosystem, empowering them to actively shape the project's future direction. The governance structure of Railgun is purposefully designed to prioritize privacy, and RAIL stands as the first governance token enabling anonymous participation.
It's important to note that Railgun developers do not hold any special privileges that supersede the governance decisions made by RAIL token holders.
Unlocking the Potential of RAILGUN Privacy:
• Shield your wallet address from prying eyes while making new coin investments
• Safeguard your asset details by building a shielded balance
• Prevent spying and data collection of your transaction habits
• Safely engage in darkpool style trading to protect your farming strategies
• Make confidential payments to your attorney without revealing the transaction history
• Receive donations securely without exposing your donation history
• Avoid being targeted by advertisers or fraudsters based on your DeFi activities
• Maintain privacy in your DeFi habits prior to going on dates
• Support the concept of decentralized finance, blockchain security, and privacy offered by non-DeFi institutions
Decoding Railgun Tokenomics:
During its initial launch, the circulating supply of RAIL tokens is set at 50 million, with a maximum supply cap of 100 million RAIL tokens. The initial distribution breakdown is as follows:
25% allocated to Airdrop
25% allocated to Foundation
50% allocated to DAO
Airdrop: Ethereum addresses that have made donations on the ETH network to privacy charities and nonprofits, such as the TOR Project, the Right to Privacy Foundation, and the Free Software Foundation, will receive an airdrop of RAIL tokens.
Foundation: The Right to Privacy Foundation initially provided funds for the development of Railgun and will hold custody of 25% of RAIL tokens to support the long-term success of the project. As a registered charity, the foundation's primary focus is non-profit-oriented. These tokens will be solely utilized to incentivize developers and promote the Railgun platform and upcoming deployments.
DAO: The tokens allocated to the DAO (50 million) are currently locked and cannot be minted unless approved through a DAO vote by RAIL token holders. For instance, the DAO may decide to provide a bonus yield to liquidity pool providers of RAIL tokens.
Railgun is an authentically decentralized project without any venture capital (VC) investors, equity holders, or a centralized company at its core.
Ensuring Ironclad Security and Seamless Usability for RAILGUN Privacy
Railgun places paramount importance on both privacy and security. The development team comprises of world-class security experts, blockchain pioneers, and cryptography specialists. Railgun has established partnerships with key players in the blockchain security sphere. The codebase has undergone meticulous audits by renowned crypto audit firms like ABDK. Rest assured, Railgun is a trusted and trustless solution. If you are familiar with widely-used wallets such as MetaMask, using Railgun will be an effortless experience. Users are not required to understand the intricate details of zk-SNARK proofs or undertake additional steps for private transactions. Everything is seamlessly handled behind the scenes, and as Railgun is open-source, it allows anyone to scrutinize and verify its functionality.
Where Can You Acquire RAIL Token (RAIL)?
RAIL is currently available on major decentralized exchanges, with multiple trading pairs available with cryptocurrencies and stablecoins.
Discover Rail pools here:
Sushi Swap UniSwap Balancer:
# | Exchange | Pair | Price | Volume | Mkt Share | Recommend | |
---|---|---|---|---|---|---|---|
1 | Uniswap v3 (Ethereum) | RAIL/WETH | $1.04 | $16,940 | 8.35% | ||
2 | Uniswap v2 (Ethereum) | RAIL/WETH | $1.05 | $12,816 | 6.32% | ||
3 | Uniswap v2 (Ethereum) | DAI/RAIL | $1.04 | $1,891 | 0.93% | ||
4 | Uniswap v2 (Ethereum) | RAIL/RENBTC | $1.05 | $856 | 0.42% | ||
5 | XT.COM | RAIL/USDT | $1.04 | $168,330 | 82.95% | ||
6 | CoinEx | RAIL/USDT | $1.03 | $2,085 | 1.03% |