Panther ProtocolWeb3 Privacy Solution, creates the privacy layer for Web3 & Decentralized Finance. Velas, An EVM/eBPF hybrid chain with up to 75,000 tps for dApps that need lightning speed and scale are joining forces today as part of a strategic alliance.

Velas is a blockchain company that offers Solidity support and EVM compatibility. Its open-source platform, Velas, builds a world of services and products using the Ethereum blockchain. These include Account, Vault, Wallet and Wallet. Users can enjoy seamless transactions with low transaction costs and seamless experiences. Velas seeks to bring together the best features of central solutions, such as speed and UX, with trustless decentralized solutions.

Velas’s mission is to create and integrate world-changing technology products and services to improve people’s lives all over the globe, and Panther is bringing privacy preserving infrastructure to that nascent, high potential ecosystem

The team at Velas strongly resonates with Panther’s interest in advancing privacy and data protection tools. The teams decided to collaborate on technical integrations. Velas, Panther and their respective expertise will work together. Do some researchFor technology development and deployment, related to privacy mechanisms using zero-knowledgeproof systems.

Panther Protocol’s unique privacy-preserving interoperability capabilities will allow cross-chain trading of private Velas assets. This will accompany the integration of Panther zAssets into the Velas wallet to produce access to on-chain privacy for Velas’ users. Velas’ enterprise clients and customers will greatly benefit from this additional layer of privacy.

“The integration between Velas and Panther Protocol enables the advancement of privacy and data protection tools. We have a big vision for the future of DeFi and Panther fits into that vision as a partner providing decentralized, trustless privacy and interoperability to this burgeoning ecosystem”.
— Oliver Gale, CEO at Panther Protocol

“We’re excited to learn how Velas and Panther Protocol could bring privacy and data protection up to a new level. Panther Protocol can be perfectly integrated into the Velas Wallet and cross-chain to make Velas assets private”.
— Added Shirly Valge, COO at VELAS

Panther has the unique ability to transfer private transactions to Velas Ecosystem. Velas’ native assets, in turn, will be incredibly beneficial to Panther’s user base and liquidity, strengthening Pather’s Multi-Asset Shielded Pools. Velas’ users will also enter Panther’s staking program and governance, further decentralizing our Protocol.

Velas is a super-fast EVM/EBPF hybrid chain, which inherited the best from Solana’s Protocol and applied it to the EVM world. Access to DeFi privacy for Velas’ users will be vital in attracting more users to the Protocol.

In this role to grow the DeFi ecosystem through Velas’ solutions, their Both for the enterprise and institutionClients (which includes industry giants like Coinpayments. Alpina Capital. Mind AI. MarketAcross. Blockchain Suisse. and more) will gain access to Panther’s disclosures and KYC/AML features. Panther’s unique regulation-friendly ZK Reveals will come in handy for these high-caliber players to stay on the law’s better side while retaining access to their data and total privacy and enjoying cheap transaction costs.

Summary
One of the blockchain ecosystem’s greatest disparities and issues is the lack of intercommunication between protocols. This and a lack privacy in the blockchain ecosystem make it crucial to establish bridges between protocols for private, equal access across DeFi.

The next step towards the new paradigm in financial technology is possible by using blockchains to serve institutional clients like Velas. Panther is happy to have the ability to add privacy and zero-knowledge compliance features to the growing environment. This also allows him to advance the research that leads to the development of the technology.

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