Panther Completes the Decentralized Launch of Its Protocol’s v0․5, a DAO-Led Effort

2 years ago

press release

PRESS RELEASE. Panther, a cross-chain exertion that volition let retail users arsenic good arsenic institutions to access DeFi privately and compliantly, has launched its v0.5. This was achieved by the protocol’s community successful conjunction with Panther Ventures Limited, a Web3 improvement institution destined to make the blockchain exertion and zero-knowledge components of Panther.

Panther Ventures Limited collaborators developed the protocol’s bundle and released it nether a BUSL License, which grants users the close to copy, modify, make derivative works, redistribute, and marque non-production usage of the Licensed Work. The Licensed Work volition yet beryllium made disposable nether an Open-Source License, arsenic stated successful this License.

The improvement of Panther’s v0.5 was besides aided by the Panther Foundation, which focuses connected promoting privateness and fostering the Panther ecosystem. The Panther assemblage discussed and established the presumption for v0.5’s motorboat and voted upon them connected the protocol’s Snapshot.org space.

Besides issuing rewards through its staking solution, Panther’s v0.5 volition let Panther’s assemblage of contributors to trial the technological primitives that volition beryllium utilized by the Mainnet motorboat of the afloat protocol to enable confidential DeFi. This allows Panther to commencement investigating and utilizing cardinal method components of the main protocol incrementally.

Panther’s upcoming mentation 1.0 volition let retail users arsenic good arsenic institutions to interact with DeFi without undergoing the hazard of having their transaction past being exposed oregon copied by leveraging zero-knowledge proofs. It volition besides clasp the quality to comply with regulatory requirements.

As such, Panther’s v1 volition beryllium a large milestone that volition connection a solution to the biggest situation facing DeFi: onboarding institutions, bequest players, and FinTechs into the Web3 fiscal paradigm compliantly and confidentially.

To entree Panther’s v0.5 and larn much astir the method components of Panther, visit the project’s website and documentation. You tin besides spot a full merchandise overview successful Panther’s blog.

Press contact: press@pantherprotocol.io

About Panther

Panther is simply a decentralized protocol that enables interoperable privateness successful DeFi utilizing zero-knowledge proofs.

Users tin mint fully-collateralized, composable tokens called zAssets, which tin beryllium utilized to execute private, trusted DeFi transactions crossed aggregate blockchains.

Panther helps investors support their idiosyncratic fiscal information and trading strategies, and provides fiscal institutions with a wide way to compliantly enactment successful DeFi.

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About Panther Ventures Limited

Panther Ventures Limited (PVL) is simply a non-profit enactment dedicated to processing Panther Protocol informed by its community.

About the Panther Foundation

The Panther Foundation supports Panther’s intent to beforehand privacy, fostering Panther’s ecosystem and development.


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