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Thursday, June 24, 2021

Raze.network Defi Coin Review: Cross-chain Privacy Protocol for the Polkadot Ecosystem

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About Raze.network

Raze.network is a Substrate-based, cross-chain privacy protocol for the Polkadot ecosystem. It is built as a native privacy layer that can provide end-to-end anonymity for the entire DeFi and Web3.0 stack. The Raze Network applies zkSNARKs to the Zether framework to build a second-layer decentralized anonymous module. It will then be imported as a substrate-based smart contract. The objective of Raze Network is to enable cross-chain privacy-preserving payment and trading systems, while protecting the transparency of your assets and behaviours from surveillance.

All the information on this website or other official channels is published for information purposes only and is only intended for institutional investors and sophisticated individual investors. Any services to be provided in the future will be subject to the terms of the legal agreements relating thereto. Nothing on this Site should be interpreted as the investment endorsement by Raze Network or any other person. Raze Network and its related services are not provided to any individual from the United States.

Quick Fact About Acala.network

Coin Basic Information
DEFI Coin Name Raze.network
Short NameRAZE
Total Supply120,000,000
Circulating Supply15,120,000 RAZE
Contracts0x5Eaa69B29f99C84Fe5dE8200340b4e9b4Ab38EaC
ExplorersClick Here To Visit
Twitter Group Click Here To Visit Twitter Group
DocumentationClick Here To View
Project Support24/7
Official Project Website Click Here To Visit Project Website

How Raze Network works?

The underlying logic of Raze.network is to mint private tokens from base tokens on the contract at a minting value ratio of 1:1. zkSNARKs are key to maintaining anonymity, while also providing the required information for data parsing. It will have three technical abilities: Mint, Transfer and Redeem.

Mint: The mint function will convert any token into an anonymized version of itself.

Redeem: The redeem function will convert the anonymized token back into its native form.

Transfer: The transfer function is the one that enables the anonymous transfer of the token. It will conceal and protect both the anonymity of both sender and receiver, and the amount being sent.

Product

Private Transaction: 

Users can use Raze.network to empower the privacy of on-chain transactions between recipient and destination addresses and transfer any token between any blockchain.

Secret DeFi Bridge: 

Users can hide their trading history as RAZE is compatible across all DeFi products. It can be fully compatible with Uniswap, AAVE, Compound and DeFi ecosystem on Polkadot and Cosmos.

Anonymity Mining: 

Users can mine RAZE in a truly private way. The access to the liquidity pool always stays anonymous and secure.

RazeVM Integration: 

Builders can implement the privacy-preserving functions with an open protocol giving access to all decentralized applications.

Advantages

Limitless and Seamless: 

Raze.network can connect to any unconnected DeFi or Web3.0 product and expand the capability of existing decentralized applications with RazeVM.

Crypto friendly and Tradable: 

The mint and redeem mechanism is implemented for creating private tokens. It makes intangible privacy tradable.

Decentralized and Interoperable: 

Substrate framework provides RAZE the attributes of interoperability and Raze Network is a decentralized project building open-source.

Raze Token

Raze.network token plays the role of the core utility in the Raze Network ecosystem. It can capture the values included below but not limited to:

Privacy Preserving

RAZE gives Defi users the ability to move between applications and blockchains seamlessly, while leaving no trace of trading history or interactions with applications.

Governance and Voting

RAZE token holders can create and vote for proposals.

Intermediary of Exchange

RAZE token can be used for different services in the ecosystem.

Token Burning

A certain percentage of transaction fees are burned in the form of RAZE tokens.

Liquidity Reward

The market makers providing liquidity in pools will be rewarded with RAZE tokens.

Team and Advisors

The Raze Network team has deep knowledge of zero-knowledge algorithms and implemented privacy techniques on Ethereum. The background of the team consists of both engineering and academic experience.

Raze.network Defi Coin Review: Cross-chain Privacy Protocol for the Polkadot Ecosystem

Disclaimer:

Not All The Websites Which Listed In Top List Are 100% Safe To Use Or Investment. We Do Not Promote Any Of Those. Due Diligence Is Your Own Responsibility. You Should Never Make An Investment In An Online Program With Money You Aren’t Prepared To Lose. Make Sure To Research The Website. So Please Take Care Of Your Investments. And Be On The Safe Site And Avoid Much Losing Online.

Vernahttps://coinworldstory.com
One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.
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