Hinkal Protocol is a system for private trading and yield farming on Ethereum Virtual Machine (EVM) chains. It's designed for users who want to carry out transactions and farming activities discreetly and cost-effectively.
Description
Here's how it works:
- Private Transactions: Users can interact with decentralized apps (dApps) without their transactions being traced.
- Cost-Effective Rates: Transaction fees are low, ranging from 0.5 to 2.5 basis points.
- Private DeFi Hub: Offers services like private addresses, swaps, staking, and transfers. Users complete a KYC (Know Your Customer) process, get an "Access Token," and then can engage in private activities.
- Technology Used: Employs zkSNARKs for private transactions and stealth addresses for managing costs efficiently.
- Integration with Popular dApps: Hinkal works with dApps like Curve, Convex, Beefy, Uniswap, and plans to integrate with GMX and Lido. Users can access these dApps directly within Hinkal.
- KYC Solutions: Includes integrations with various KYC platforms like Binance, Galxe, and 0xKYC.
In summary, Hinkal Protocol provides a private, secure, and efficient way for users to engage in DeFi activities, offering a blend of privacy, low transaction fees, and easy access to popular dApps.
Team of the Project
Georgi Koreli
CEO
Georgi is the CEO and co-founder of Hinkal Protocol. In the past, he was the founder of SV Icons, organizing events for start-ups and VC funds in the Silicon Valey. He also did an internship in a VC fund.
Nika Koreli
CTO
Nika is the CTO of Hinkal Protocol. Before that he was the founder of novelty.today, a company building a community and event dApp where people are rewarded when attending events. They have pivoted to a KYC/AML solution.