public blockchains offer transparency, but they can also expose sensitive financial information like balances, transaction amounts and investment positions. @primus_labs is bringing more privacy to onchain finance through its confidential vault on bnb chain. the technology behind it is fully homomorphic encryption (fhe). rather than decrypting sensitive information before processing it, fhe allows computations to happen while the data stays encrypted. through its integration with unitas and united stables, users can convert $u into $eu at a 1:1 rate, make private transfers and deposit their encrypted stablecoins into a vault to earn yield. this means financial activity can benefit from onchain infrastructure without exposing every detail of a user’s position. primus is bringing an important capability to defi: the ability to put capital to work while keeping sensitive financial information confidential.