How does Helius's permissionless public privacy ring protect retail DeFi users?
Replied byMert Mumtaz
Co-Founder & CEO at Helius
Niche: Cryptocurrency
Revenue: Not Publicly Disclosed/month
Location: San Francisco, California, United States
Started: 2022
We are launching a permissionless privacy ring that allows anyone on Solana to encrypt their balances and tokens. This enables private trading, borrowing, and lending. Because balances are fully encrypted, users are protected from front-running and MEV exploits, which are legal prerequisites for trading securities.
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