• Panther Protocol reports that it received over $22 Million in Public Sale proceeds.
• Funds will be used to build an interoperable privacy layer on DeFi and Web3.
• Panther currently builds on Flare, Flare and Songbird.

Panther Protocol was an end-to–end privacy solution for DeFi/Web3 that raised nearly 22 million in its Public Sale. It took only 90 minutes. Panther raised $32 million in total. The Public Sale is a measure for the company to open its doors to a wider community engagement — as well as, expand participation in an end-to-end privacy protocol for DeFI and Web3 users.

Panther demonstrated its support for DeFi growth by contributing $500 million. DeFi users are able to access confidential cryptocurrency transactions, financial data protection and Panther’s assistance. Oliver Gale (Panther Protocol CEO, co-founder) expressed his joy over the confidence of investors in their project.

We are pleased to announce that our public sale has raised over $500,000, demonstrating a large demand for a compliant and interoperable privacy protocol. We are grateful for this overwhelming interest in our project and are confident that this signals the importance of Panther’s mission — enhancing freedom and privacy for DeFi and Web3.

Panther is currently working on Ethereum and Polygon. Panther will enable builders to provide privacy features in their apps without needing a highly skilled team of cryptographers or privacy tech engineers.

Panther Protocol claims its whole idea is to build a decentralized, private-by default ecosystem that unlocks value currently segregated between different blockchains. Over 33 expert teams have contributed to Panther’s rapid growth since inception. These experts include leaders in cybersecurity and engineering. Their team is envisioned to grow in the months ahead with game theory, DeFi and cryptography as well as marketing, along with technology commercialization.

Anish Mohammed, Panther Protocol co-founder states that “As with duality of light, privacy has a dual nature, we are in the history of privacy where we are just reconciling, privacy’s dual nature. Panther protocol has managed to allow both privacy and authenticity, by combining zero knowledge proof systems and selective disclosures.”

Panther Protocol for DeFi is an end to end privacy protocol that allows users to fully secure privacy-enhancing digital assets. This protocol leverages cryptoeconomic incentives and ZkSNARK technology. By depositing digital assets on any blockchain to Panther vaults, users can create zero-knowledge ZAssets. Users can create zAssets by depositing digital assets from any blockchain into Panther vaults. This will allow them to make their transactions and strategis private.

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