We are pleased to announce our next AMA on October 14th 2021 at 05:00 PM UTC Time: Satoshi Club x Panther Protocol
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Panther Protocol Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Panther Protocol Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Panther Protocol
For more details:
Panther Protocol Website – pantherprotocol.io
Panther Protocol Telegram – @pantherprotocol
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
I had read about how NFT will be incorporated into Panther protocol a long time ago, where it was stated that StackOs will soon be introducing NFTs to Panther platform. Currently, NFT’s are public as they are on a public chain, but StackOS will use Panther’s service to encrypt the NFT data, making NFT interaction within the StackOS platform private? I want to know how far this process has been carried out and What is the current position of Panther regarding NFTs? How do you plan to ease the process that will ensure huge amount of transactions taking place at the same time on your platform. How will you also maintain and protect the privacy of users using Panther since ?
Panther Protocol provides DeFi users with fully collateralized, interactive privacy, augments digital assets, leverages zkSNARK technology, and provides a new price discovery mechanism for privacy. I found that Panther Protocol uses both zero-knowlege proof and game theory as a mechanism to provide privacy. Can you tell us more about this? How can these mechanisms help you achieve your privacy goals in your platform? What are the benefits of using both?
After doing some research, I understand that Panther has a “Service Provider” feature that allows users to privately transact with their zAssets in a friendly and law-compliant manner. Regulation is very important, some projects in many countries have had to close due to lack of necessary permits. How does Panther Protocol solve this problem? Are you working on a project that complies with the regulations?
In the traditional world, privacy is often thought of as a feature reserved for bad behavior. Can you tell us your vision and potential use cases of the Panther Protocol for users and companies? I have not seen any Panther protocol audit report. Haven’t you thought of an audit? If you are currently being audited or will be conducting an audit in the future, will the community be able to view the report?
As we all know, every successful project has some behind-the-scenes story, what is the story behind the success of Panther Protocol? What was that vision when it first appeared as an idea? Why did you know about blockchain and come up with the idea to create this project? What motivated you to build and develop your project successfully? Are there any special prototypes or upcoming Panther Protocol updates you’d like to show off – to share with us?
All in all, Panther is an end-to-end security protocol that connects blockchains to restore privacy in Web3 and DeFi and provides financial institutions with an avenue to enter the digital asset market. digital. Today balancing privacy and transparency is an issue in crypto projects. Can you please tell which is more important for Panther? Or are you going to take care of both equally? What is your plan on this?
The partnership is like a supplement whose synergistic effects extend beyond the individual level. As far as I know, being funded and having a strong partnership in the crypto market can be of great benefit to new projects. In the meantime, can you reveal some of the Panther investors and partners? Are you planning to enter into some other strategic partnership in the future?
Panther Token- we understand is a finite supply, privacy -preserving gas token used to pay to fees within the panther ecosystem and represents a right to participate in panther governance, and for voting on panther improvement proposal (PIPs). What do you really mean by “a finite supply, privacy -preserving gas token”? Is panther Token-limited to just for only payment of fees within the panther ecosystem? please tell us any other utility service which panther token could serve in addition to one you mentioned here?
“Users are able to mint zero knowledge zAssets by depositing digital assets from any blockchain into Panther vaults and using these zAssets across a full range of DeFi applications.” Can you list some examples of the DeFi applications where zAssets can be used? Can users get these zAssets from farms/pools or any other source?
“Panther Protocol provides DeFi users with interoperable, fully collateralized privacy enhancing digital assets, leveraging zkSNARK technology and offering a novel price discovery mechanism for privacy.” Seems like the ZKSNARK technology is the basis of Panther Protocol. What does the acronym ZKSNARK stand for? Can you explain what the ZKSNARK technology is all about?
Your website says that there are currently no $ZKP tokens in the market. Is $ZKP token the native token of Panther Protocol? When are you planning to launch $ZKP tokens so that users can get some? Are you organizing any presale for $ZKP and how can users get whitelisted?
Panther Protocol’s native token is $ZKP. Would you tell us what is the major role this token plays within your platform? How does it integrate seamlessly with the privacy-focused technology and with your zAssets? Can $ZKP be considered a zAsset or is it an entirely different thing? Also, when will we be able to buy and use this token?
Currently, there’s a bot message circulating in panther’s Telegram group alerting users to avoid a fake Panther Protocol which is promoting a presale. You are stating that the original Panther token is not yet available. Is it possible to pin a message with your planned schedule for toekn launch in group chat to secure user’s time, money and experience? I would also request to share official links with the audience. Thank you!
Panther owns a type of assets called zAssets, which are guaranteed 1:1 by their digital counterparts. My question is, if it is a 1:1 ratio, how is the price of the digital counterparts of the real world assets calculated? Is it the same price? Is it easy to tokenize and create zAssets?
Panther is a completely decentralized protocol governed by token holders. By purchasing Panther tokens, users can vote on proposals using a fair and weighted voting system. What aspects of the project can Panther holders modify? What impact will the community have on Panther?
Panther sets privacy as one of the main pillars of DeFi and therefore its vision throughout the project. In crypto world neither FinCen, nor any other security networks have enough rigths to distinguish privacy from financial crimes as these definitions are crossed nowadays. Please explain how do you plan to monitor and respect a fundamental right of privacy of everyone from the attempts to use this privacy for money laundering for ex.? Thank you!
Actually Panther Protocol is very well structured with this combination of chains: Ethereum, Polygon, Flare, Near and Avalanche, 3 of them we already know a little more, but could you tell us about Flare and Near, which are the characteristics that best suit Panther, could your protocol end the nightmares of data breaches that plague modern societies and cost institutions billions of dollars every year?
Who are the main beneficiaries of transactional privacy, it is really possible through its protocol to prevent adversaries from reverse engineering and executing their strategies, if it is as effective as it is offered, your project will be a winner in the market, they are technologically prepared, financially and humanely prepared to supply a high demand of users, how have they managed to raise their initial capital and how can we verify their real financial capacity, why n DeFi merchants lose their dominance so quickly? Thank you
Interoperability is one of the most difficult characteristics to achieve in the DeFi space, as Panther has managed to develop this cryptographic milestone, analyzing the behavior and evolution of the decentralized culture, do you consider that DeFi has the possibility of maintaining and evolving without the support of the blockchain, What do you think is the reason why it is so difficult to achieve optimal levels of privacy, what can you tell us about zkSNARK cryptography?
It says on your website that you will offer a highly interactive service to experience a “privacy toggle”, can you tell us about the current work you have done with other applications and other DeFi services to benefit your users? Will Panther Protocol be useful as a bridge project to other services in the future?
I would like you to be a little more concise about the ways to obtain rewards with Panther Portocol, what are the roles that a common user can choose in your ecosystem? Is there a way to passively generate income?
Zero-knowledge proofs that are used in Panther protocol for preserving
privacy have some weak points depending on the exact way they are being
build. If we are talking about financial privact then I see the danger of
using the Multiple identity fraud. Could you explain the method Panther
has chosen for zero-knowledge proofs in simple words? Have analyzed the
fraud threats related to the method chosen? How do you guarantee the
safety of users’ assets?
Panther Protocol is said to enable a high level of trust amongst users while preserving privacy, and this is done by allowing users voluntarily generate and share disclosure statements with whatever third party they choose. Talking more on such guarantees and Trust levels as offered, can you carefully elaborate on this process, what sort of disclosure statements can users freely share, is there a limit to what information users can share? Also, how does Panther Protocol ensure the security compliance of Service and Trust Providers to rightly perform their tasks, and how are these Trust Providers incentivised within the Protocol?
From a critical study of your roadmap, Panther Protocol is said to commence a Trust Compliance and Decentralisation Phase 1 and 2 of it’s project, with the gradual formation of your DAO, a second Peerchain, and integrations of first Service and Trust Providers. These events are planned within the current quater and the first quater of 2022. Can you shed more light on the details of this important developments, what are the current stages with these processes? What are the steps with the unboarding of your Trust and Service Providers? Also, can you briefly talk on the proposed structure of your DAO, how will it be community oriented?
Panther will operate a multi-asset privacy pool that will allow the deposit of heterogeneous mix of assets by individuals. Asset mixtures in these pools are private and won’t be available for public interaction. However, I read that your privacy vaults will have a unique attestation system that will allow users to disclose metadata transactions to regulators and other compliance institutions. Can you explain the process of private vault asset deposit and attestation? How will Panther facilitate the disclosure of a user private transaction in a pool without the risk of exposing other users transaction who may still wish to maintain anonymity? At what instance will users activities be available for institutions verification? Is this done unilaterally by you or will user need to request such actions before their transaction activities are brought to public glare?
I noticed that $ZKP public token sale is scheduled for 23rd of November. With the token sale announcement, you have asked to submit an email address for receiving updates and “early access”. What do you mean by this “early access”? After the launch of the token sale on 23rd of November, do we get priority to purchase tokens if we have submitted our email address? Is it mandatory to register ourselves prior to the token sale? Since the token sale is on the next month, please explain how to prepare ourselves including details on KYC and AML requirements and limits of investments.
Could you please deeply explain about zero Knowledge Assets? I noticed that you introduce zAssets such as $zETH, $zUSDT, and $zWBTC. As an investor, what is the benefit of holding these zAssets? Are they pegged to crypto currencies? For example, is the value of $zETH equal to the value of $ETH? Then why should we purchase $zETH? Do they have seperate utilities? When we need to exchange $zETH for $ETH, is there a platform for it? Please let us know what made you to create this type of zAssets and how do they make Panther Protocol better?
I read that you have plan to transition from an initial centralised model to a fully decentralized approach through the commencement of a DAO. How long will it take for you to become a DAO in order for community to be able to contribute and assist in directing the affairs of this project? How is the quadratic voting mechanism that you will use allow community preferences to be fully expressed? What range of actions, proposals and implementation will be made available to DAO when it eventually take off?
Currently, I am using a hardware wallet to store my crypto assets. I saw that Panther Protocol offers a wallet. Can you explain the beenfits of choosing Panther Wallet? Do you offer staking options? What are your security measures? You have mentioned that the wallet is browser-based. Due to the busy routines, almost everyone is using mobile wallets which are easier to access. Don’t you have a plan to create a mobile version? When there are plenty of wallets in the market, why did Panther Protocol decide to introduce a wallet? Did you identify any issues in existing wallets?
PANTHER PROTOCOL is built on Elrond, Etheruem, Polygon, Flare, Avalanche and NEAR. Can you please give us a detailed explanation about the advantagous/useful benefits which are gained by PANTHER PROTOCOL for having this multi-chain feature? Will this be the final or will PANTHER PROTOCOL also aims to built in more chains for more adoption in the cryptospace? And, don’t you think binance smart chain(BSC) will be better to adopt more users in the cryptosphere?
Due to the immutable and transparent nature of public Blockchains,DeFi users are subject to surveillance and economic espionage,and without privacy,alpha and individual freedoms can erode very quickly.My question is,how will Panther step in to resolve such issue in the DeFi space? With your recent collaboration with Firo,how will they help in strengthening DeFi users privacy?What other areas will Panther and Firo collaborate aside guaranteeing financial privacy to users trading in the DeFi space? Thanks
Panther has two types of ZKP(Zero Knowledge Proof) which are Interactive and Non-Interactive ZKPs.That enabled the verifier and prover to work together,and to also allow a prover to generate and publish a proof that can be validated by a verifier.For a better understanding of your ZKPs can you give an example that best describes it?What are the advantages of both ZKPs?And what role does a Trust Provider play in your zero knowledge proofs? Thanks
Panther Protocol is compatible with AML (Anti-Money Laundery)regulations globally through Panther Metrastrate.My question is,Why is AML compliance very necessary in Panther?What are the regulations of AML through Panther Metrastrate?Since you are providing financial institutions with a clear path to compliantly participate in decentralized finance,will you also guide them to comply with KYC process if you have any to ensure AML compliance are met? Thanks
On the 2nd quarter of 2022 in the 3rd phase of your Decentralization, you plan to launch an Anonymous LPs and
Privacy mining. So,can you give us an overview how anonymous LPs will be functioning in your platform? How does anonymity be implemented with LP? How will LP become anonymous with in your platform? As you will launch Privacy mining,can you share how will be this privacy mining works and be implemented with in your platform? As it is privacy mining,how secure our funds with this mining? Can you also tell us what would be the maximum APY will be this mining offers to users? Thank you
In few weeks, public sale will commence. Can you share the procedure of how your public sale will be conducted? What will users need to be part of this event? In addition, you said after the public sale, you will release your MVP first on polygon and later on Ethereum. What are the scope of your MVP and why are you launching it first on polygon? How can users join and apply to be a beta tester in order to have a first hand feeling of your fully collaterised private Inter-Chain solutions?
Panther Protocol just recently announced partnership with NEAR Protocol in which you received a grant from NEAR to explore the development of open-source privacy infrastructure. So, can you explain more about this open-source privacy infrastructure that you are going to explore with in Near Protocol network? How would be this open-source privacy infrastructure will bring a great impact to your network? How it will bring a good contribution to Panther Protocol network?Can you describe the win-win benefits of your collaboration with Near Protocol and how it will bring a good contribution to users and investors of your platform? Thank you
Panther Protocol MVP will be built on Polygon and will serve as the proof of concept for Panther Protocol. It will feature many of the technology components such as Minting & Burning of zAssets, zAsset mixing, Privacy relayers, $ZKP token, voluntary disclosure of transactions and the initial Panther DAO setup. Please what is this zAssets, and how does it improve your project? Can users have access to zAssets, and what will be the benefits of burning this assets?
When I tried to visit the Panther Protocol website, it said that server connection is not secure. Why don’t you take care of your website safety? What if hackers attack your website, they can definitely steal our sensitive data. Which type of safety measures & firewall systems will you add to the panther protocol website? Sometime users do not even look on the projects due to the such circumstances when they feel unsafe. So How do you make them feel safe within panther protocol Project? Will you take the full guarantee on User’s sensitive data?
in a simple way of understanding about Phanter Protocol, is who ever store their digital asset from external source or any other blockchain, the privacy of those asset data will be granted by your protocol vault, these cannot be tracked by other people outside your protocol, how about user inside Phanterprotocol? are they have capability to trace our data asset?
i will ask in an example, if i store my Game NFT to your vault, am i still able to play those game with those NFT while stored in the vault? how the game will read my NFT data? or this ability only for the game platform who integrate with your protocol ?
A prototype DeFi integration will be scheduled to release in Q4-2021 within Panther Protocol project. There are not many details on this event on your website. Could you explain about the prototype Defi integration? Will it be like another private Scalable blockchain application? In what directions Will it be deployed its adaptability to gain a financial growth & benefits? IS it free for the users those who get the service through this prototype DeFi integration since it’s a demo version? How much Will you charge for services after launching of this DeFi integration with 100% functionality?
Through the panther protocol project, you aim to provide a private scalable blockchain network for DeFi space. Could You please tell me what do you mean by private blockchain network? Will it be unable to track the transaction ledgers in the private blockchain system? What are the use cases of Private scalable blockchain networks?
for a beginner or non technical technology background users, is there any easy step to Minting our digital asset into Phanter protocol Vaults?, or we need to write some source code, or whatever it is for mint our digital asset into the Vaults?
I read your whitepaper but still confused about the protocol it self, how it works, and how to do ? is there any beta tester? for understanding your protocol? and maybe is there any Bug Bounty program for Panther Protocol? thank you
Could you please explain deeply about your multi-asset smart contract protocol? According to what you have already published on the website and the whitepaper, we are allowed to deposit digital assets into your vaults and mint zAssets. What are the accepted digital assets for your vaults? Do we get rewards from the same zAsset? For instance, do we need to deposit $ETH to get $zETH? By the way, what is the advantage of minting zAssets? Can we convert them into normal digital assets on your platform or anywhere else? Further, please explain the use cases of these zero knowledge assets. Using your vaults, can’t we get returns such as staking rewards from the same digital asset we deposit, for example $ETH rewards (instead of $zETH) for $ETH deposits?
I noticed that you have advertised four vacancies and all are remote jobs. With my qualifications and experience, I am interested in applying for the post of junior finance analyst and strategist. Did you advertise these jobs as “remote” due to the prevailing pandemic situation? I noticed that Visa sponsorship is also unavailable. If selected, do I have to shift to your country after the COVID-19 pandemic? Further, I am willing to know whether these jobs are permanent or on contract basis. What is the deadline for applying and how do you conduct the interview?
Recently, you have announced several partnerships and all of them are based on privacy. You have partnered with Elrond to enable privacy preserving DeFi products whereas the aim of the collaboration with NEAR protocol was to develop privacy preserving tech in the NEAR ecosystem. The partnership between Panther and Bumper aims to provide privacy and volatility protection in DeFi. Why do you think privacy is extremely important? What are the mutual benefits of these collaborations? In the future, what type of partnerships will you build? What type of goals you hope to achieve through future partnerships?
According to the Ethereum, Polygon, Flare, Near and Avalanche base, could the security of the assets of the Panther Protocol users and the zAssets guarantee the security of zero-knowledge privacy on the platform?
These mechanisms of the de facto privacy infrastructure for DeFi and Web3 can help the platform to position itself and attract more users according to the privacy protocol.
Phanter Protocol is build to saves their users privacy, however, some companies or regulators do not like it if their user data untrackable. So how do you respond to that? will your project not clash with the regulations of the company or existing regulators?
as an example for swap zUSDT to zDAI like your paper mention, i noticed that many stages have to do, from bridge zUSDT become USDT until the last bridge DAI into zDAI back to user wallet, so with this many stages need to do, my question is:
1. how about the gasfee and various tax fee per stages, are the fees will be high because many stages need to do?
2. are Phanter Protocol serve a one click solution for that?, so user easily swap their asset like they want everytime? thankyou
as i read about the Mixing Services in your whitepaper, there are two factors that affect the level of Privacy offered.
the size of anonimity, and volume of transaction in your pool right in that time.
my question is how its possible? how to ensure that 2nd factor, make a large volume transaction right in that time?
if the method is delaying the transaction message, so there will be a latency, which is every transaction will use more time than usual and users have to spend more time on that?
Hello Panther Protocol. Are you planning to create from the errors of the financial data, a surveillance system that is more secure and innovative that protects the financial data of the users without problems? Can you give us more details of the private and interoperable infrastructure that you are creating? How do they plan to restore user privacy, while also giving legacy finances and fintechs a private entrance into DeFi? can you give us more details of these functions
In the aim of providing privacy & volatility protection in DeFi, Panther Protocol platform made a partnership with BUMPER protocol platform. So will you able to offer a fairer digital transaction systems to the DeFi with the ultimate confidence in a way of their privacy is maintained together with BUMPER Collaboration? In which way will this partnership be conducive one to eliminate the risk appetite while seeking a financial freedom in DeFi space? What kind of things Do the BUMPER Protocol expect from the Panther Protocol in return as a gratitude?
Generally I understood that Panther Protocal hope to connect privately all the smart contract blockchain networks & restore privacy for retail investors & institutional decentralized finance participants. What are the blockchain networks that you are going to execute the smart contracts for your clients? Which technical methods will you use to develop smart contracts & DeFi applications with providing privacy for the retail investors?
Greetings, Panther Protocol, my question is: can I provide liquidity in the early stages, what is the recommendation to do it? How do we participate in the Panther network to receive rewards? How are privacy miners rewarded within the protocol? What is the main function of Panther Vaults and how secure and private is its system? You can explain us about these functions. Thanks
As My opinion, Panther Protocol depends not only on the community but also development team. So, To involve in private scalable blockchain smart contracts & DeFi applications, you need a well experienced & talented development team. Do you have such a team currently? Please tell a few words about the core development team?
It is important to me that projects address real-world benefits and problems that cannot be resolved in the market, as well as their financial returns. Can you tell us about the critical issues PantherProtocol is addressing to increase privacy? Other privacy networks only offer proprietary solutions, how does Panther DeFi plan to provide full privacy to its users?