ShadowFi Project Introduction, Team, Financing and News

Performances

RD Popularity Index

3036.36% (24h)

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Project Rank: 3098/15432

RD Growth Index

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Project Rank: --/15432

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Sep 2, 2022

ShadowFi suffered a security incident, resulting in approximately 300000 USD in losses.

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Details

ShadowFi is a privacy protocol built on the Solana blockchain, designed to sever the link between transaction addresses through zero-knowledge proofs (ZK) and CoinJoin mixer technology, enabling anonymous transfers. Its core features include ShadowMixer (a coin mixer), ShadowSwaps (private token exchanges), ShadowVaults (private yield farming), and ShadowDAO (governance). Users deposit tokens into a mixing pool and withdraw from a new address, thereby hiding the source and destination of funds. The protocol's token, $SHDWFI, is used for fee payment, governance participation, and can be burned to reduce supply.

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Founded:

2023