Introducing Privacy-focused Investments in Avalanche
By default, your entire Avalanche transaction history and balances are public. All transactions can be seen on block explorers like Avascan. Thereby literally anyone who knows your address can easily check your investments, trace the source of your funds, calculate your holdings, and analyze your on-chain activity using tools like markr.io.
What if you don’t want your history and balances to be publicly viewed by anyone? What if you want to invest privately and anonymously?
Currently, anonymity transactions are possible in other blockchains like Ethereum thanks to Tornado.Cash. However, the assets deposited in these contracts don’t generate any revenue because they are not invested in any DeFi protocol. Then, you acquire privacy, but you will be missing the DeFi party!
Furthermore, gas costs are very high on Ethereum, driving the need for implementing these types of solutions in the Avalanche Blockchain.
AvaCash.Finance: Privacy-focused Investments in Avalanche
Today we are thrilled to share with you that is possible to invest your assets with privacy on Avalanche. AvaCash.Finance — our brand new tool equipped with non-custodial technology based on strong cryptography — enables you to invest your AVAX and favourite tokens with 100% anonymity!
The fully descentralized AvaCash.Finance smart contracts automatically will invest your assets in different DeFi protocols, providing you the best returns and the highest privacy.
🚀 Launching date: Mon, 13 Sep 2021 11:59:59 GMT 🚀
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