Panther Protocol x Flare Network
Panther Protocol is expanding its interoperability by building on the Flare Network. Panther takes the next step to bringing much-needed features to the broader industry by providing a compliance-friendly privacy protocol. Another step forward for the DeFi industry and its access to untapped liquidity.
By building a compliance-friendly privacy protocol on Flare, Panther will bring privacy and liquidity to that 65% in liquidity even if the native blockchains do not support smart contracts.
“We are delighted to work with the best in class, enabling privacy rights for individual and public blockchains. Flare has a powerful tech stack with a focus on institutional integration. We are excited to partner with them to build Panther privacy in the Flare ecosystem.” – CEO and co-founder Oliver Gale
“One element that arose from the Gamestop short squeeze saga was the clear and urgent need to allow for privacy when making investments to avoid asymmetric outcomes. Panther’s design of a privacy enabling protocol that maintains KYC and AML compliance while keeping users in control of their data is to my mind a highly important development and very valuable addition to the Flare ecosystem.” – Hugo Philion, CEO and co-founder of Flare
About Flare Network
Flare is a scalable, highly decentralized smart contract platform that runs the Ethereum Virtual Machine and utilizes Federated Byzantine Agreement-based consensus. Flare is unique in that it derives its network structure from its underlying integrated networks, leveraging the decentralisation and security of the underlying networks.
About Panther Protocol
Panther Protocol is an end-to-end privacy protocol for DeFi. Panther provides DeFi users with fully collateralized privacy-enhancing digital assets, leveraging crypto-economic incentives and zkSNARKs technology. Users are able to mint zero-knowledge zAssets by depositing digital assets from any blockchain into Panther vaults. zAssets will become an ever-expanding asset class for users who want their transactions and strategies the way they should always have been: private.
