SINGAPORE, SINGAPORE, 19th April, 2021,
Raze Network, a Substrate-based platform for Privacy, has efficiently accomplished its triple IDO on Pools, DuckStarter and Bounce. Earlier, the group has raised $2.2 million in seed and personal funding rounds, confirming this privacy-oriented strategy’s viability. The subsequent Balancer and Uniswap LBP listings additionally attracted . The launch of the roadmap are the present factors of focus.
As a second-layer nameless fee module for the DeFi ecosystem, Raze Network plans to grow to be the go-to . As the DeFi business grows, expands, and accelerates, demand for privacy-oriented options turns into extra outspoken. As a Substrate-based cross-chain privateness protocol for the Polkadot Ecosystem, Raze Network offers end-to-end anonymity to all DeFi options constructed on this know-how stack.
As the group has now concluded its three IDOs efficiently, it confirms the imaginative and prescient of making use of zkSNARK know-how to construct a second-layer decentralized nameless module. Enabling cross-chain privateness is a characteristic many customers will profit from sooner or later. Privacy-preserving funds are of nice curiosity to customers, particularly when the privateness know-how exists at a protocol stage, somewhat than being opt-in.
Raze Network CEO Justin Kellison provides:
“We are excited to see this level of support from established ecosystem players,”. “Since DeFi took center stage, demand for privacy became stronger than ever owing to issues such as front-running and MEV. Our focus on cross-chain assets is key to bridging liquidity from all transparent blockchains.”
“We believe Raze Network is poised to dominate the privacy niche in crypto,” stated the AU21 Capital group. “Bridging liquidity across all transparent blockchains is key to making privacy alluring to the average crypto user. With time, this approach may just make private crypto a mainstream phenomenon.”
The completion of the Balancer Liquidity Bootstrapping Pool occasion has spotlighted Raze Network and the imaginative and prescient the group needs to roll out even additional. Every Balancer Liquidity Bootstrapping Pool occasion attracts super consideration, and the idea has been embraced by all nice crypto tasks in current historical past. Launching tokens with liquidity technology and value adjustment is a necessary a part of fueling truthful and clear value discovery.
Thanks to the robust partnerships, the continued Raze Network NFT marketing campaign, and the roadmap milestones to be reached, the longer term seems brilliant for Raze Network. The group will proceed to work on the Token and Dapp supply code, liquidity reward, protocol and product launch, and bridge to DeFi protocols over the approaching months.
About Raze Network
Raze Network is a Substrate-based cross-chain privateness protocol for the Polkadot ecosystem. It is constructed as a local privateness layer that may present end-to-end anonymity for the complete DeFi stack. The Raze Network applies zk-SNARKs to the Zether framework to construct a layer-two decentralized nameless module.
It will then be imported as a Substrate-based good contract. Raze Network’s goal is to allow cross-chain privacy-preserving fee and buying and selling methods whereas defending the transparency of your belongings and behaviors from surveillance.
- Justin Kelliso
- Raze Network