RAZE Raze Network
Source: RAZEUSDT Chart by TradingView
Raze Network Background
Raze Network is a Substrate-based cross-chain privacy protocol for the Polkadot ecosystem. It is building a Cross-chain Privacy Middleware for DeFi and Web3.0. It is a native privacy layer that can provide end-to-end anonymity for the entire DeFi and Web3.0 stack.
The objective is to enable cross-chain privacy-preserving payment and trading systems while protecting the transparency of your assets and behaviors from surveillance. Eventually, Raze Network can anonymize all the cryptocurrencies across all chains.
RAZE is the native utility token that is used for:
RAZE token plays the role of the core utility in the Raze Network ecosystem. It can capture the values included below but not limited to:
- Privacy-Preserving: RAZE gives DeFi users the ability to move between applications and blockchains seamlessly while leaving no trace of trading history or interactions with applications.
- Governance and Voting: RAZE token holders can create and vote for proposals
- Intermediary of Exchange: RAZE token can be used for different services in the ecosystem.
- Token Burning: A certain percentage of transaction fees are burned in the form of RAZE tokens.
- Liquidity Reward: The market makers providing liquidity in pools will be rewarded with RAZE token.
Raze Network News
Raze Network launches its Liquidity Mining Program and staking to incentivize users
Raze Network, the first Polkadot-based cross-chain privacy protocol, announced its public distribution sale on Balancer Liquidity Bootstrapping Pool to make Raze tokens accessible in a fair, linear and decentralized manner.
Raze Network kicks off testnet phase with UI community voting
Singapore, Singapore, 11th May 2021 — Raze Network, the first Polkadot-based privacy protocol, is bracing to engage community members with our first testnet.
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