A Guide for Avacash.Finance: Chapter 2: Use Cases of Avacash.Finance

One of the first things that a DeFi user needs to learn is to have an extra wallet for receiving payments from third parties. An unexperienced user would probably share his main wallet address for payments, allowing other persons to know all his DeFi transactions and wealth simply using tools such as Debank or Zapper.

This extra wallet for receiving payments, now called payments wallet, should not have any transaction referring your main wallet, since that could also give away the address. The point of having a payments wallet, is to be able to protect the privacy of the main wallet, where you would normally do all your DeFi transactions.

Avacash.Finance allows in its core a native layer of privacy within DeFi, allowing a more practical on and off ramp for private transactions. As an example, a payment wallet without funds receives a stable coin payment. To move these funds, you would need some AVAX. In this case, the small 1 AVAX anonymity pool allows to fund some gas using a relayer that pays for the gas costs, while preserving anonymity of the main wallet and without the need of using a third party, that could potentially leak your identity, such as a CEX.

Other problem that arises from this, is the movement of these funds back to the main wallet. To cut the link between these two wallets, a deposit in Avacash Finance could be made. Now this can only be done in AVAX, but more anonymity pools with other kinds of Tokens, such a stable coin and interest-bearing tokens, will be supported. This will allow not only to have stability while accruing anonymity, but also interest.