About Void Protocol Airdrop
Void Protocol Airdrop gives users control over financial anonymity, as an opt-in financial privacy service. By depositing fixed amounts into the contract, waiting, then withdrawing to a brand-new wallet, funds will be untraceable back to the original wallet. Void Protocol will be airdropping a total of 15,000,000 VOID to LUNA, ANC, MINE, ATLO and Galactic Punk stakers. Snapshot and other details will be announced in the coming days.
For a network to be truly decentralized, it is of utmost importance that users have full autonomy over their funds. This includes the option of anonymity. Void Protocol gives users control over financial anonymity, as an opt-in financial privacy service. By depositing fixed amounts into the contract, waiting, then withdrawing to a brand-new wallet, funds will be untraceable back to the original wallet.
| Platform | Total Value | Max. Participants | Website |
|---|---|---|---|
| Avalanche | 300,000 DEFY & 500 USDT | Unlimited | Click Here To Visit |
Earn
Deposit
Users deposit funds into the Anonymity Pools, receiving a secret phrase. This phrase needs to be kept safe as it enables the withdrawing of these funds.
Mix
The funds are stored in a smart contract, where many users will deposit and withdraw funds, making it impossible to trace which funds belong to who.
Earn
Whilst the funds are in the smart contract, Void will ensure that this capital remains productive. The strategies implemented will be decided by the Void DAO.
Withdraw
Once users have waited a sufficient time for their funds to anonymise, they can withdraw to a nominated wallet – breaking the on-chain link between the deposit and withdrawal wallet.
WHY? WHAT DRIVES VOID?
Privacy
Since privacy is not the default on the majority of blockchains, the rapidly-expanding world of Defi must have privacy solutions for those who decide to opt-in to financial privacy. Void Protocol’s main focus will always be to provide this solution and to ensure that every step is taken to offer maximum privacy to the user
Decentralization
They firmly believe in the future of decentralization; it offers many advantages to the future and longevity of Void Protocol. It also empowers the users of the protocol to take part and have a say. This also means all steps will be taken where possible to take the decentralized approach, including open source and full DAO implementation.
Opportunity Cost
One drawback of the anonymity pool approach is that in order to achieve reliable anonymity, you must wait some time for other deposits and withdrawals to occur after your deposit has entered the pool. This means users opting for privacy may have to wait weeks or even months depending on TVL (Total Value Locked), a key focus of the protocol is to ensure capital in the pool remains productive while this process occurs.
Interrogability
The entire Terra ecosystem is full of brilliant people building amazing projects, all with like-minded goals of growing UST adoption and Terra use. Through the IBC (Inter-Blockchain Communication Protocol), the number of accessible projects on the Terra Blockchain is growing rapidly. It’s easy to see the value of what is growing and Void Protocol plans to make it as easy as possible for integration and collaboration.
Void is always looking for engaged community members to participate in discussions, take part in votes and generally shape the future of the platform. Void is and always will be fully decentralized, taking direction from the Void DAO on all matters.