Panther Protocol Price

About the coin

Panther Protocol addresses the challenges of surveillance and economic espionage in the DeFi space. Due to the transparent nature of public blockchains, DeFi users often face the risk of having their transaction history observed, leading to potential reverse engineering of strategies and front-running. This can result in a significant erosion of alpha and a reduction in performance fees. Panther Protocol aims to provide users with transactional privacy, safeguarding their trading strategies and individual freedoms.

Main features

At the core of Panther's solution are zAssets, which are interoperable, fully collateralized privacy-enhancing digital assets. These assets leverage zkSNARK technology to ensure privacy. Users can mint zero knowledge zAssets by depositing digital assets from any blockchain into Panther vaults. These zAssets can then be used across a wide range of DeFi applications, offering users the ability to maintain privacy while interacting with the DeFi ecosystem.

How it works

Panther Protocol offers different levels of disclosures to cater to varying privacy needs. One notable feature is the Zero Knowledge disclosures, which allow users to prove compliance without revealing any underlying data. This is achieved through Zero Knowledge Proof technology and trust providers. This innovative decentralized architecture not only enhances privacy and trust but also paves the way for institutional players to enter the DeFi space with mitigated risks.