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About Panther Protocol
Panther Protocol: Enhancing Privacy and Trust in Transactions
Panther Protocol is an innovative decentralized meta-protocol designed to ensure confidential and trusted transactions, while also promoting interoperability within the DeFi sector.
With its ability to operate on any public blockchain in a compliant manner, Panther serves as an end-to-end privacy protocol for various digital assets.
The Advantages of Panther Protocol
Advancing Privacy and Compliance on the Polygon Network
Panther Protocol strives to bring privacy and compliance-friendly selective disclosure methods to the Polygon network. Through close collaboration with Polygon, the project aims to develop its Minimum Viable Product (MVP) and receive valuable support from clients and technical experts. Additionally, Panther Protocol intends to work closely with applications and projects on the Polygon network, contributing to the creation of a private and compliant DeFi ecosystem.
Unique Features of Panther Protocol
Panther Protocol distinguishes itself through several key features:
- Privacy for All Digital Assets: Panther is not limited to specific layers or types of assets. Its privacy capabilities can be extended to any digital asset on any public layer 1, known as peer coins. Panther aims to empower privacy across the DeFi landscape.
- Interoperability: Recognizing the importance of cross-chain transactions, Panther offers a private interchain DEX module, enabling seamless transactions between different chains.
- Confidentiality: Panther enables users to determine the level of privacy they desire for each transaction. Notably, it allows for selective disclosure of transactions to meet the requirements of counterparties or regulators.
- Enhanced Privacy Threshold: Panther ensures the obscurity of the link between transaction inputs and outputs by utilizing a sufficient number of inputs in mixing services. This privacy threshold guarantees the privacy of specific zAssets during transactions. Through its tokenomics, Panther incentivizes liquidity provision for mixing, ensuring a robust pool of assets and maintaining a strong privacy threshold for users.
- Price Discovery for Privacy: Unlike many other privacy protocols, Panther explicitly prices privacy. Users pay dynamic transaction fees in the form of ZKP (Zero-Knowledge Proof) instead of fees applied to transacted digital assets. This innovative pricing mechanism leads to more cost-effective privacy as the level of privacy increases, generating significant network effects for on-chain privacy.