How does AvaCash.Finance achieves privacy 😎 in Avalanche?
AvaCash.Finance improves privacy by breaking the on-chain link between the recipient and destination addresses of different DeFi assets.
It uses smart contracts that accepts different tokens like AVAX, DAI, etc.., Liquidity Pool tokens or other DeFi tokens than are being invested by Avacash.Finance in different DeFi protocols and that can be withdrawn later on a different address.
These contracts act like a type of crypto investment-mixer. Whenever a new address withdraws a token, there is no way to directly link the withdrawal address to the deposit address, which makes the procedure completely private.
In other words, AvaCash.Finance acts as a proxy to ensure that your investment is 100% anonymous with the strong cryptographic technology (zkSnarks proofs) developed by Tornado.Cash.
Better yet, it is 100% non-custodial and 100% trustless, meaning you retain full control over your deposited funds. In other words, nobody (not even developpers) can touch your funds.
When making a deposit, a user receives a secret note, which is the only proof of its deposited funds. Keep the note in a safe place!
Wait while Earning 🧘
In order to increase your anonymity, wait for more users to add their funds in the same anonymity pool ⏰. The more you wait, the more anonymity you will get. 👥😎.
During that time, Avacash.Finance’s contracts will invest your your assets, making your waiting time profitable! 💰
Avacash.Finance interacts with several DeFi protocols as well as with its native FlashLoans lending implementation, being a real innovation on Avalanche.
Whenever you want to pull out your funds, take your secret note and withdraw them to a new address. For more privacy, Avacash.Finance uses a relayer that will pay the withdrawal gas fees for you. Also, you can use a different IP address and/or a browser like Tor.
🚀 Launching date: Mon, 13 Sep 2021 11:59:59 GMT 🚀
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Telegram Official Channel: https://t.me/AvaCashFinance
Telegram Announcments Channel: https://t.me/AvacashFinance_Anouncements