Welcome to a new chapter of DeFi, where your privacy is respected
While Bitcoin seems to take over the world, concern about privacy picks up. Major cryptocurrencies enable authorities to massively surveil our financial behavior and directly threaten the freedom crypto has been fighting for.
In the latest paper of the World Economic Forum, regulators expressed their proposal to implement KYC onto DeFi services. Their statement goes as follows: “In particular, the use of non-custodial arrangements and self-hosted wallets in DeFi poses a challenge for requirements that identifying metadata be collected and passed for every transaction link.”
The authoritarian powers in control clearly do not enjoy decentralization or let alone understand it. At ANONBANK we want to ensure that DeFi is not being regulated or controlled. We believe that everyone has the fundamental right to enjoy their own financial freedom.
Anonymity is your right, and we build the tools.
DeFi has enabled us to be our own bank, yet, local governments breathe down our neck and demand high taxes and proof of funds. Giving away our privacy is the high price we pay by using standard, traceable cryptocurrencies. We believe that this is a direct violation of privacy. A real financial revolution is private and free. This philosophy is the foundation of ANONBANK, the first anonymous yield farming optimizer of the Binance Smart Chain.
Meet ANONBANK
ANONBANK provides compounded yield farming with a strong focus on privacy. We believe that our privacy-infused vision for this project is unique and changes the landscape of DeFi as we know it.
Our features:
- YIELD OPTIMIZER
We’re building a platform with smart yield optimization, ensuring optimal yields are delivered through automated claim and re-deposit. Every pool has a small fee, this fee is distributed to our ABNK holders, receiving an immediate benefit as the platform and TVL grows.
- PRIVATE YIELDING
This is where the power of ANONBANK comes in. We have developed routing tunnels that utilize Swirl & Tornado Cash on deposits, withdrawals, and claims. We believe in anonymous financial freedom and it’s the first time that DeFi yield farming becomes fully anonymous. The small fee connected to this process brings a direct benefit to the ABNK holders.
- CROSS CHAIN EXITS
At ANONBANK we want to provide as much freedom to users as possible. That’s why we let you define how you remove liquidity, cross to Polygon & mix through Polynado, or cross to Ethereum & mix through Tornado Cash. These routes increase not only the privacy levels but also provide ease of use since users no longer need to look for external bridges when moving their funds around.
- BURNER WALLETS
This is one of the features we’re most excited about. Specify your own or auto-generated burner wallets to harvest rewards, disconnected from your main funding account and untraceable. Burner wallets are not a place to store significant value, it’s rather a quick funnel or payment method. Burner wallets are like cash wallets. The private keys are stored locally and not exported and can be burned at a given time or after being emptied.
- DARK POOLS
Another feature truly unique and unseen in the DeFi realm. Dark pools are common in traditional markets and banking. In cryptocurrencies, there are only a few centralized players that provide this. In DeFi and yield farming, this feature is not found anywhere. It’s in the best interest of the market and big stakeholders to move in ways that do not disrupt the entire market. Dark pools are not meant to hide any illegal activity, it’s meant to provide freedom and privacy and avoiding misinterpretation of money movements by the ecosystem. In the meantime, impacts by big players on the market is massively reduced.
Read more about traditional decentralized pools here.
The ANONBANK utility token — $ABNK
In the backend, all collateral is automatically converted to the $ABNK token. This breaks any on-chain links between your wallet, the vaults, and outgoing transactions. It’s a smart system that brings a very important use to the token.
- $ABNK holders can provide liquidity to our tornado mixer and earn transaction fees. The more volumes are pushed through the mixer, the more rewards.
- $ABNK will be used for governance votes, with rewards generated for participation. This governance is immediately linked to our DAO fund, where users can vote and discuss anything in regard to the platform.
- $ABNK holders will receive transaction fees from yield optimization with an emission output to an address of their choosing. This can be a burner wallet, for example. The more TVL is locked and the more the platform grows, the more rewards.
- $ABNK holders receive access to our dark pools, as either a liquidity provider or user.
- The $ABNK token will be used to purchase burner wallets, with 50% of the fees being distributed to existing holders.
- At launch there will be an LP for both ABNK/BNB and ABNK/USDC
Tokenomics
- Total supply: 100,000,000.00 ABNK
- Public sale: 50,000,000.00 ABNK
- $ABNK locked liquidity: 22,750,000.00 ABNK
- DAO community fund: 17,250,000.00 ABNK
- Dark pool seeding: 10,000,000.00 ABNK
The team has reserved a total of 50,000,000.00 ABNK for the sale. With the locked liquidity for Pancakeswap, the total comes to 72,750,000.00 or over 70% of the supply that goes to the market.
The aim of the project is to become a full DAO, this means that token holders will enjoy governance rights with their ABNK. Holders of ABNK will enjoy receiving fees paid on the platform as described above. We believe that providing over 70% to the market and then allocate 17.3% to the DAO will launch this community ecosystem.
Locked supply: The supply will be publicly locked until the last day of 2021. Upon unlock, the community will vote how much of it will be burned 🔥
$ABNK transaction fee: Once the Pancakeswap market opens, every transaction will be charged a 5% fee.
2% goes to the LP and benefit everyone that provides liquidity.
3% goes to $ABNK token holders.
Roadmap
We’re dedicated to have monthly audits performed by quality firms. The initial launch of the vaults will only happen before an audit is completed. We’re making a unique system and cannot risk any investor funds to be stolen or lost due to issues. Bottom line; before filling the pools, it needs to be waterproof.
The platform will initiate with offering cross-platform deposits and withdrawals, later on we will enable pools on these platforms. Logically we will launch with BSC-based pools.
The vision of ANONBANK is to become a full DeFi and a flagship for anonymous lending and borrowing. Imagine AAVE and Curve with full anonymity.
Team
ANONBANK is a group of experienced developers that are enjoying DeFi yields. We majorly use Ethereum, Polygon, and Binance Smart Chain networks and farm on a daily basis. However, privacy is lacking and highly needed.
We’re an anonymous team with backgrounds in the development of privacy currencies like ZEC (Zcash). We’re in love with zK-SNARKS and cryptonight algorithms.
We believe that everyone has the fundamental right to enjoy their own financial freedom with privacy.
