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SINGULARITY - Confidential DeFi infrastructure for institutions // Quest on the Intract platform
#privacy #blockchain #cryptocurrency
Singularity is a project that ensures transaction anonymity in the blockchain, targeting institutional funds, commercial organizations, and regular users. It represents a modular DeFi infrastructure integrated into various DeFi applications and DEX exchanges.
The main features and functions of Singularity include:
1. Transaction anonymity: The use of innovative zero-knowledge protection technologies, based on Aztec's Noir protocols, to ensure the confidentiality of all operations.
2. Trading and asset interaction: Users can trade and manage their assets while maintaining complete anonymity on the blockchain.
3. KYC/KYB verification: To work with the platform, users must go through a verification process that confirms the legality of their assets and the absence of illegal activities.
4. Staking: An integrated staking mechanism that allows users to earn passive income from their staked assets. Users receive sgToken, which has a fixed value corresponding to the amount of staked assets.
5. Use for various clients: Singularity's services are in demand among large funds and commercial organizations, as well as DeFi applications and regular users.
6. Support from venture investors: The project is financed by major venture investors, such as Gumi Cryptos, Laser Digital, and Apollo Crypto.
Singularity aims to provide its clients with complete freedom of action while maintaining confidentiality, which is especially important for companies making strategic investment decisions.
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