Privacy is a fundamental right, and Rujira is going to empower users with autonomy, and security without surveillance or exposure to third parties.
Learn more in this summary from last week's X Space with @redacted_money, who are building a Privacy Layer on Rujira.
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Redacted is building Rujira’s Privacy Layer, making it possible to trade, earn, lend, borrow, and liquidate privately.
All features will be accessible on the Rujira site, with privacy fully integrated for native $BTC, $ETH, $BCH, $XRP, $LTC, and more.
Privacy mode will work with every product and feature on Rujira. All
Layer-1s connected to THORChain and Rujira will have native privacy support.
With the @Maya_Protocol integration on the roadmap, this means that once Maya is connected to Rujira, other chains like Dash, Cardano and Arbitrum will gain privacy as well.
You will be able to use your assets in privacy mode with perps, the order book, the money market, and more. Future products on the Rujira website will also integrate seamlessly with the Privacy Layer.
The best thing will be how easy it is to use.
Users will be able to turn on privacy mode with a single click and interact with the products via a shared address used behind the scenes.
That shared address is the key to privacy. The more users activate privacy, the harder it becomes to trace individual actions. It’s a collective shield for DeFi activity.
Each private transaction will include a small fee, which will be distributed to $RED token and NFT holders, creating strong incentives for the Redacted ecosystem.
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