Place/Date: Singapore – Might 11th, 2021 at 5:33 pm UTC · three min learn
Contact: Justin Kelliso,
Supply: Raze Community
Raze Community, the primary Polkadot-based privateness protocol, is bracing to have interaction group members with our first testnet. Early birds will be capable of present suggestions on the standard, perform, and total expertise of the Polkadot-based privateness protocol.
This big milestone clears the way in which for ‘Razers’ and collaborators to simply check drive the latest options and permits loads of maturation time for these new options to be totally examined.
Our workforce already began designing the person interface of the privateness protocol we promised to launch. Nevertheless, we need to resort to the collective knowledge of our group on methods to truly carry this to realization, thus launching this UI Neighborhood Voting Marketing campaign.
The beta testnet marks the newest step ahead in Raze Community’s total mission to allow the broader group to contribute to the evolution of our trustless decentralized privateness protocol.
Raze Network’s functions current the decentralized finance (DeFi) group with a cross-chain middleware resolution on Polkadot for concealing transactions when working on decentralized exchanges.
With a transparent imaginative and prescient and strong use-case, the protocol-based resolution leverages the Polkadot ecosystem to supply the required privateness layer for the crypto sphere. The privateness protocol goals to protect anonymity for all of the DeFi stack on the Polkadot.
To attain larger participation through the testnet, Raze Community is organizing quite a few occasions, competitions, and challenges to encourage individuals to actively check important elements of our ecosystem. Particularly, we are going to airdrop 1,000 $RAZE tokens to 10 fortunate voters based mostly on what number of entries they generated to vote for the perfect UI type.
$RAZE is ready be the lifeblood of the Raze Community, designed as a utility token to signify participation within the ecosystem.
The launch of Raze Community’s UI testnet comes on the heels of a number of different latest milestones, together with a strong set of developer sources and partnerships that continues to develop.
Simply in April, we introduced the strategic itemizing of Raze token on the favored DeFI platform, Uniswap. This itemizing intently follows our accomplished triple IDO occasion on three launchpads.
Apparently, other than going reside on DEX exchanges, $RAZE tokens may also quickly be listed on a number of tier-1 centralized exchanges.
This networked testnet launch permits Raze to proceed working with our companions in direction of the mass adoption of decentralized functions and good contracts.
Since inception, Raze Community sought to develop an infrastructure that’s straightforward to grasp and easy to navigate. One the place even new customers can reap the advantages of a cross-chain middleware resolution for nameless transactions, funds buying and selling, and mining.
Though the token launch is finished, the true work begins. Most not too long ago, now we have accomplished the event of mint, switch and redeem contracts in Solidity. At present we’re testing methods to deploy these contracts on EVM.
Additionally the main front-end and consumer modules that may invoke the aforementioned contracts have been developed.
About Raze Community
Raze Community is a Substrate-based cross-chain privateness protocol for the Polkadot ecosystem. It’s constructed as a local privateness layer that may present end-to-end anonymity for the whole DeFi stack. The Raze Community applies zk-SNARKs to the Zether framework to construct a second-layer decentralized nameless module.
It’ll then be imported as a Substrate-based good contract. The target of Raze Community is to allow cross-chain privacy-preserving cost and buying and selling methods whereas defending the transparency of your property and behaviors from surveillance.