The privacy protocol Panther Protocol has partnered with Vegaswap, an automated market maker (AMM) protocol with multi-chain support.
Vegaswap is a user-centric automated market maker that uses multi-chain technology to provide users with a wide range of DeFi and cross-chain applications through its platform. It supports and achieves seamless token revenue through a customizable liquidity pool (LP), dynamic pricing, and intuitive UI. Vegaswap makes the work of LP certifiers efficient and profitable by creating terms for unique smart pools, providing analysis and reducing non-permanent losses through adaptive spreads.
“Vegaswap solves the problem of being able to trade assets from different blockchains in DEX. It provides a global DeFi market that supports cross-chain transactions. This is a necessary development in the DeFi field,” Panther Protocol CEO and co-founder Oliver Gale said.
“The DeFi ecosystem (71 tons of USD) provides transaction auditing capabilities, but it is limited in protecting user confidentiality-without confidentiality, DeFi cannot survive-privacy makes confidentiality possible. Compared with VegaSwap, its attributes and others The integration and cooperation in the technical field, as well as the use of Vegaswap as a privacy miner, will result in data modification to cover up sensitive information of all its users.” The Panther protocol is DeFi’s end-to-end privacy protocol. Panther uses encrypted economic incentives and zkSNARKs technology to provide DeFi users with fully mortgaged digital assets with enhanced privacy. Users can mint zero-knowledge zAsset by depositing any digital assets in the blockchain into the Panther vault. zAssets will become an ever-expanding asset class for users who want their transactions and strategies to stay the way they should be: private.
Ben Cortes, CEO of Vegaswap said:
“We are very eager to cooperate with Panther to ensure the privacy of our AMM market. We have great ambitions and realize that privacy will become a key part of the future development of the DeFI industry. With Panther, we will be able to conduct cross-chain operations with privacy Transaction. “Vegaswap will list Panther token $ZKP on the exchange, and Panther will incorporate Vegaswap into its fund management. In addition to being integrated into the Vegaswap platform and MetaMask API, Vegaswap will also act as Panther’s privacy miner.
“We consider ourselves to work closely with Panther and look forward to this opportunity,” Ben added.
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