What is Raze Network?
Raze Network (RAZE) is a privacy protocol built on the Polkadot ecosystem that aims to provide end-to-end anonymity for the DeFi and Web3.0 space. The network intends to enable cross-chain privacy-preserving payments and trading systems while protecting the transparency of user assets and behavior from surveillance.
The Raze Network has three technical abilities: Mint, Redeem, and Transfer. The Mint function converts tokens into an anonymized version of themselves, while the Redeem function converts the anonymized version back to the original state. The Transfer function transfers tokens anonymously and conceals the anonymity of both the sender and receiver, as well as the amount to be transferred.
Raze Network's ecosystem includes various products, such as Raze Swap, Raze Lending, Raze VM, and Raze Bridge. Raze Swap is a decentralized exchange that enables anonymous transactions among privacy tokens issued by the Raze network, while Raze Lending provides mortgage lending services for privacy token holders. Raze VM is a privacy algorithm that can be used on other public chains, and Raze Bridge is a cross-chain bridge that allows conventional cryptocurrencies to enter the Raze network.
RAZE is the native token of the network, which incentivizes privacy-preserving behavior and enables token holders to participate in governance through voting powers. The token also serves as a medium of exchange and provides liquidity rewards to users.
The total supply of RAZE tokens is 120,000,000 coins. The Raze Network was founded to address the need for privacy in DeFi and Web3.0, as well as to enable a more secure and transparent ecosystem for users. The network intends to support multiple public chains and expand its product offerings in the future. Users can acquire RAZE tokens through exchanges or by participating in the network's governance and liquidity mining programs.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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