Saunabound: Steaming Ahead
Our solution is the development of a privacy-preserving DeFi protocol. This protocol will allow the user to interact with DeFi borrow lending protocols without revealing their holdings and strategies
Saunabound: Steaming Ahead
Our solution is the development of a privacy-preserving DeFi protocol. This protocol will allow the user to interact with DeFi borrow lending protocols without revealing their holdings and strategies
The problem Saunabound: Steaming Ahead solves
To interact with e.g. PWN or Aave privately. The Borrower does not have disclose what Assets he is providing as collateral, but we have proof for the Assets Value via ZK.
Users does not want to disclose what Digital Assets & Positions he’s currently holding but still want’s to interact with DeFi Borrow Lending Protocols.
Who is impacted by this problem?
- Fund Managers
- DeFi Protocols
- Institutional / qualified Investors
- Privacy sensitive Users
Challenges we ran into
Shielding and keeping User Funds private for each Step
Tracks Applied (2)
Regenerative Finance & Decentralized Economies
Added Privacy for interacting with DeFi (Borrow/Lending Protocols)Ethereum Future
ETHEREUM FOUNDATION PRIVACY & SCALING EXPLORATIONS. We are applying to the PWN bounty.Discussion