Privacy comes to DeFi as Royale Finance and Raze Network Forge Partnership.
Royale Finance has secured another crucial ally for the Royale Kingdom! The new partnership with Raze Network aligns with Royale’s mission to provide a secure and private platform slew of DeFi offerings. This partnership focuses on ensuring secure end-to-end anonymity for Royale’s Kings and Queens while carrying out ROYA transactions. Through this partnership with Raze Network, Royale Finance can offer its network users privacy-preserving options across the DeFi and iGaming ecosystem.
Raze Network: Redefining Privacy
Raze Network is a privacy-focused protocol built for the Polkadot ecosystem. Raze provides end-to-end anonymity services for DeFi and web 3.0 applications.
To accomplish its goals of privacy and anonymity, Raze issued four product offerings:
- Private Transaction: With the RAZE network, users are empowered to complete private on-chain and cross-chain transactions.
- Secret DeFi Bridge: Thanks to compatibility with other DeFi blockchain networks, RAZE users can hide their trading history and trade crypto under the radar.
- Anonymity Mining: Raze allows its users to mine RAZE anonymously.
- RazeVM Integration: Dapp developers can access and integrate Raze’s privacy-preserving protocols into their projects.
Royale Finance & Raze Bring Privacy To DeFi
Many DeFi protocols today have relegated privacy to the background while pushing other merits of decentralized finance. This move is incompatible with the core idea of decentralization which espouses security and confidentiality.
By securing a partnership with Raze Network, Royale Finance is going back to the roots of decentralization. With this partnership, Raze Network will integrate its public-key homomorphic encryption with the Royale Finance ecosystem.
This will create a privacy safety net for the Royale Kings and Queens, bringing several benefits to the network, including:
- Private & Anonymous Transactions: ROYA holders will be able to send and receive ROYA anonymously and trade privately via the Raze Network.
- Protected Trading History: With Raze integration, blockchain explorers like Etherscan cannot track the transaction history of Royale Monarchs.
- Cross-Chain Application: Raze is an interoperable blockchain protocol. Therefore, ROYA holders can leverage this to access its privacy features on various DeFi platforms or Web 3.0 applications.
Royale and Raze will accomplish the bulk of these benefits through the novel “one-out-of-many” proof and the zero-knowledge proof scheme. The former helps conceal the identities of senders and receivers, while the latter aids the enforcement of payment consistency across the network.
‘’Raze Network will continue to preach the gospel of anonymity, privacy, and transparency for DeFi protocols and Web 3.0 applications. We are excited to work with platforms like Royale Finance that provide long-term liquidity for GameFi and play-to-earn companies. There is tremendous potential in this space, and our work with Royale is only the beginning of greater things to come.’’
Mac F (Business Development Manager, Raze Network)
‘’This Raze partnership demonstrates our dedication and commitment to support our Royale community with cross-chain privacy protocols. With this partnership, Royale Network users can participate and provide liquidity for GAMEFI and play-to-earn platforms while relishing the benefits of privacy and anonymous transactions.’’
Matthew Armstrong, COO Royale
About Raze Network
Raze Network is a second layer protocol that provides users with cross-chain privacy enhancements for DeFi apps on the Polkadot ecosystem. Raze delivers anonymous payment features that allow users to hide their account addresses and conceal sensitive financial information before transactions on DeFi platforms. The objective of Raze Network is to enable cross-chain privacy-preserving payment and DeFi systems while protecting the user from surveillance.
About Royale Finance 👑
Royale Finance Royale Finance is an industry-focused decentralised lending protocol. Its purpose is to create Web 3.0 smart-backed funding solutions using DeFi primitives in order to support the innovation of GameFi products and platforms. The combination of Gaming rewards and incentives, uncorrelated to DeFi crypto assets but powered by base layer DeFi protocols, we call GameFi.
Get involved here : 🔗 https://app.Royale.Finance
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