Resources:
Introduction
Singularity is a compliant DeFi infrastructure layer that obfuscates onchain wallet addresses and transactions for onchain users that desire privacy.
Singularity is integrated with major DeFi protocols so users can leverage the existing onchain liquidity in these pools
Participants in Singularity will be KYB/KYC’d using one of the partnered oracle with requirements similar to that in traditional finance.
Singularity is backed by top tier investors include Gumi Cryptos Capital, Nomura’s Laser Digital, Apollo Crypto, DACM, Eureka Partners, Comma3 Ventures, Gandel Invest, Cluster Capital and Greythorn Asset Management.
Specific payment use-case:
Executing payments on-chain
Working with service providers that execute on-chain payments and payroll, they can integrate our SDK in their backend making the end user experience the same as before but with the added benefit of privacy in the back end. (weave it into introduction)
Advantages of Singularity
- No transaction data will be leaked (asset pair, amount and price), resulting in complete obfuscation.
- Wallet address obfuscation - User wallets are not revealed onchain. Singularity contract address is the single ‘user’ onchain.
- Cross chain compliance - Prior to entering the Singularity contract, all users pass KYB/KYC with one of partnered oracles, similar requirements to that of an exchange or traditional bank. Singularity has developed an interoperable compliance layer so users only need to KYB/KYC once and can access all functions on all chains.
- Integration with existing DeFi protocols - in addition to the Darkpool, Singularity has integrated with major DeFi protocols such as Uniswap, Curve, Aerodrome and Rocketpool for users to leverage liquidity from these pools.
- Multi-asset support - Singularity will support any ERC20 and ERC721.
- Better obfuscation for early users - Early users will have better commercial confidentiality as more ‘noise’ from growing users and TVL will lead to better transaction obfuscate.