After rejection of ref 868, Integritee has evaluated the feedback and adapted its request strategy
This proposal is for the upcoming milestone "Test Emergency Interventions on Paseo" and shall cover our work in Q3'24 towards productive privacy sidechains for DOT, KSM, USDT, USDC and others.
187’050 CHF ≃ 208’841.32 USD ≃ 208’841 USDT
Private transactions of DOT, KSM, USDT, USDC
There simply is no other project in the Polkadot ecosystem (an elsewhere in web3!) offering our level of privacy and convenience:
The privacy enhancement by using Incognitee will give you strong privacy on L2 and k-anonymity on L1 which is best for moderate amounts
Please note that Incognitee aims for compliance. We want to bring privacy to the masses, not to protect criminals.
Try it now on our Paseo testnet: https://try.incognitee.io
We consider this a soft-loan which we will pay back to the treasury with a fraction of fee revenues which each shard of Incognitee earns as long as the target token is present on the Polkadot Asset Hub and can be spent by the treasury. We commit to sending 30% of our gross fee revenue back to the treasury automatically and regularly until we have repaid the soft-loan plus a one-off premium of 10%.
brenzi also appeared on AAG to explain the previous proposal
Integritee is proposing to create private transactions for DOT, KSM, USDT, USDC on the Polkadot ecosystem. They offer a high level of privacy and convenience with single-click shielding and unshielding, fee payment in the same token, and 1-second confirmation time for private transfers. They are committed to compliance and want to bring privacy to the masses. They are asking for a soft-loan of 187,050 CHF, which they will pay back to the treasury with a fraction of fee revenues. They will send 30% of their gross fee revenue back to the treasury automatically and regularly until they have repaid the soft-loan plus a one-off premium of 10%.
Threshold