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.
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.
Private Transaction: Users can use RAZE 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.
Limitless and Seamless: It 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 plays the role of the core utility in the Raze Network ecosystem. It can capture the values included below but not limited to:
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.
A certain percentage of transaction fees are burned in the form of RAZE tokens.
The market makers providing liquidity in pools will be rewarded with RAZE tokens.
Role of Token: UTILITY
|Price in ICO||: 1 RAZE = 0.25 USD|
|Tokens for sale||: 960000|