– Anish Mohammed, Co-Founder & CTO of Panther Protocol
Panther’s deployment on Polygon will ensure:
The issuance of rewards for the community members that privately launched the protocol through LaunchDAO, a privacy-preserving primitive for the blockchain industry.
The distribution of vested tokens for public sale purchasers through the Polygon network, aiming for maximum cost-efficiency.
Staking for all types of ZKP holders, allowing them to compound their benefits thanks to lower transaction fees.
According to the protocol’s roadmap, staking will eventually transition to Private Staking, a modality solely within Panther’s Multi-Asset Shielded Pools in the Polygon network. Private Staking takes advantage of wrapped ZKP, zZKP, a privacy-preserving zAsset representing a private right to vote within the protocol.
Lastly, Panther will develop a number of security-focused, audited bridges to allow users to bring assets from multiple chains into Panther. Polygon plays a crucial part in the development of the protocol, as it facilitates cost-efficiency in bridging and EVM (Ethereum Virtual Machine) compatibility.
