KuCoin is a trusted crypto exchange to buy, sell, and trade Bitcoin, Ethereum, and 1000+ altcoins—powering secure access to the Web3 economy.

Crypto Exchange | Bitcoin Exchange | Bitcoin Trading | KuCoin

<p>the confidential vault from @primus_labs works like this:

if you have stablecoins, you can earn yield with an encrypted balance

you convert a stablecoin into an encrypted version at a 1 to 1 ratio and deposit it into a strategy run through unitas

the size of your deposit stays encrypted while the yield grows

you can convert back to the regular token whenever you want and as far as i can tell there is no lockup

to me the useful part is that FHE sits inside a working product with a real yield source behind it 🤷🏽

that's gud tek right there 💪</p>

the confidential vault from @primus_labs works like this:
if you have stablecoins, you can earn yield with an encrypted balance
you convert a stablecoin into an encrypted version at a 1 to 1 ratio and deposit it into a strategy run through unitas
the size of your deposit stays encrypted while the yield grows
you can convert back to the regular token whenever you want and as far as i can tell there is no lockup
to me the useful part is that FHE sits inside a working product with a real yield sour

the confidential vault from @primus_labs works like this: if you have stablecoins, you can earn yield with an encrypted balance you convert a stablecoin into an encrypted version at a 1 to 1 ratio and deposit it into a strategy run through unitas the size of your deposit stays encrypted while the yield grows you can convert back to the regular token whenever you want and as far as i can tell there is no lockup to me the useful part is that FHE sits inside a working product with a real yield source behind it 🤷🏽 that's gud tek right there 💪

Comment