Panther Protocol: Community update #1
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Panthers around the globe, we are excited to make our first community update and summarise what we have achieved so far!
So let’s dive straight into it!
Panther Protocol raises $8 million to bring Privacy into DeFi
This week we announced the end of our private funding rounds having raised $8 million to work on bringing privacy in the Decentralised Finance world. More than 140 individuals and VCs have joined Panthers’ mission and we would like to thank each and every one of them.
Panther’s CEO and co-founder Oliver Gales says: ‘’Raising these funds will allow us to deliver on our roadmap and vision to restore the right to privacy and to protect against a surveillance economy.’’
We are now gearing up for the Public Sale Q3. Stay tuned for the announcement!
Panther Protocol enters into a partnership with Flare Network
We are pleased to announce that Panther has partnered with Flare Network to bring Panthers’ privacy solution to Flare.
Flare Network is the world’s first Turing complete FBA network. Highly scalable and doesn’t base safety on a native token which means that there is no risk of safety degradation from competing uses of the native token. Flare is also EVM compatible, tapping into Ethereum’s deep pool of developer talent and easier integration of existing projects. It also has very low transaction costs and applications can scale without users incurring burdensome costs.
And now it’s on track to also have private transactions!
You can find out more about the partnership in the official announcement.
Panther Articles
What is Panther Protocol and why it exists?
This is the first comprehensive attempt to introduce Panther Protocol. The article outlines how it works, key features, technology components, team, roadmap and our approach to compliance with selective disclosure.
Read the full article here:
https://panther-protocol.medium.com/what-is-panther-protocol-and-why-it-exists-a3fd4470de55
An overview of technical components of Panther Protocol
As the title suggests in this piece we have a look at the technical components of Panther Protocol such as the Vaults, Pools, Privacy Miners, Panther DAO, Relayers, the DEX and Panther’s native token $ZKP.
Check out the full piece here:
Can Privacy and Compliance co-exist?
Sensible investors recognise that in order to reside in a law-abiding and safe country, it is necessary to abide by certain regulations and tax rules, whether your assets are digital or more traditional — and this is where compliance comes in.
Learn how Privacy and Compliance in the Blockchain world can co-exist here:
https://panther-protocol.medium.com/can-privacy-and-compliance-co-exist-4f456281d7c2
The more privately you transact, the harder it is for others to trust you
The more private you are in your transactions, the harder it is for people to trust you.
Everyone wants privacy, even the people who don’t know they want it. But in order to transact with other entities, you need to reveal data. It could be a specific detail, or it could be a credit history, but without it, trust is not possible, and the interaction will stall.
How does Panther enable trust? Find out here:
Transcript of the AMA with the Oddgems Family
We had an amazing time with the Oddgems Family in their telegram chat last week. We got the chance to talk about why Panther Protocol exists, the vision, the technology, $ZKP and many more. The hosts and the community were very welcome and needless to say… we felt at home!
Find the full transcript of the AMA here:
https://panther-protocol.medium.com/transcript-of-the-ama-with-the-oddgems-family-b93b6658b7fd
About Panther
Panther is a decentralized protocol that enables interoperable privacy in DeFi using zero-knowledge proofs.
Users can mint fully-collateralized, composable tokens called zAssets, which can be used to execute private, trusted DeFi transactions across multiple blockchains.
Panther helps investors protect their personal financial data and trading strategies, and provides financial institutions with a clear path to compliantly participate in DeFi.
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