

GRAIN Sale Heats up as Granary Finance's LGE Event Goes Live
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As part of the LGE event, users can deposit/choose from a variety of assets, with different networks receiving 70% of the $GRAIN incentive supply based on contributor contributions.
$GRAIN Sale Launches on Six Chains
Cross-chain lending protocol Granary Finance has launched its native token, $GRAIN, through a fair-launch Liquidity Generation Event (LGE)
Thank everyone for a successful start to our LGE. More updates and features will be added to https://t.co/VX1kKexGlD over these 2 weeks of the LGE.
— The Granary 🌾 (@GranaryFinance) March 20, 2023
NFT Communities, feel free to ask for bonuses to your community/holders.
Provide some utility! LFG!!!!!!!
👦👟🍻
The $GRAIN LGE started on March 14 and would last for approximately two weeks from launch. The LGE began on Ethereum, Fantom, Optimism, Metis, Polygon, Binance, and Arbitrum.
Each network will have its own LGE contract that supports different tokens for contributions. These networks will receive 70 per cent of the $GRAIN incentive supply based on the amount of contributions made by contributors.
It will be possible for users to choose from a variety of assets to deposit. However, it has been reported that users who use assets other than USDC will experience slippage.
$GRAIN Vesting
The LGE will distribute 12.5% of the $GRAIN supply based on user contributions proportionate to their contribution size and vesting terms. Those who choose to vest will receive their $GRAIN on a linear basis, distributed evenly every quarter for the duration of their vesting period.
When participating, users can choose a vesting period between 1 quarter and 20 quarters. There will be a larger discount for vesting periods that are longer.
Users also have the option to enable an NFT discount by selecting an NFT from the gallery to receive a discount ranging from 2 - 7%. Further, the protocol will support staking with a Balancer Pool Token (BPT), which will feature 80% of $GRAIN and 20% of local gas.
Future Developments
Upon completion of the $GRAIN LGE, airdrop allocations will be determined by snap-shots taken over a 12-month period (03/20/2022 - 10/30/2022), weighted by age, length, and size of contributions.
In addition, $GRAIN will be put into liquidity pools on Balancer, Beethoven-X, Uniswap V3, and other decentralized exchanges based on the amount of $GRAIN allocated to the network.
While Granary V2 is being developed, Granary Finance will continue to focus on key markets and co-incentivizing partners, with tokens being distributed sustainably proportional to fees.
As per protocol, once Granary V2 launches, Granary Finance will scale up incentivization strategies, with a portion of the rewards going to staking pools.
The Granary core contributors will own 11.1% of tokens vested for four years, with 4% reserved for hiring new talent. As of press time, Granary Finance has raised 407,352 USDC. You can learn more about Granary Finance here.
What is Granary Finance:
Granary Finance is an AAVE-inspired decentralised, user-driven borrowing and lending liquidity market. The Granary team has created the first-ever multi-chain LGE to seed liquidity across chains on which Granary will operate. The team has also completed the development of Granary V2 and is currently testing and securing its systems.
Learn more about Granary Finance:
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Guardians of Privacy: How ZK Technology Can Transform NFTs for the Better

With enhanced security measures and privacy preservation, ZK-powered NFTs offer participants a more inclusive and diverse ecosystem.
Privacy Meets Authenticity
In the world of blockchain technology, privacy, and decentralization are often regarded as essential elements. However, many blockchain networks prioritize consensus algorithms and stability over anonymity and trust. This raises questions about the level of privacy and decentralization offered by blockchain networks.
One of the most promising solutions to address these concerns is Zero-Knowledge Proof (ZKP) technology. ZKP is an encryption system introduced by MIT researchers Silvio Micali, Shafi Goldwasser, and Charles Rackoff in the 1980s. It allows one party (Prover) to prove the truth of a specific statement to another party (Verifier) without revealing any additional information.
ZKP ensures that only the intended recipient (you) can access your secured data, providing higher privacy and security. Zero-Knowledge Proof has emerged as a significant development in the pursuit of improved privacy in the blockchain era.
Meanwhile, NFTs have revolutionized digital ownership by creating a market for unique and indivisible digital assets. These assets range from artwork and collectibles to virtual real estate.
While NFTs have gained immense popularity, concerns about privacy, security, and authenticity persist. This is where Zero-Knowledge (ZK) technology enters the picture, offering a potential solution to enhance the NFT ecosystem.
In this article, we delve into the impact of ZK technology on NFTs, exploring the positive transformations it brings while considering potential drawbacks.
Positive Impact of ZK Technology on NFTs:
Uncompromised Privacy and Security:
Zero-knowledge proof allows individuals to verify their identity without revealing any sensitive information. Using a decentralized identity, users can verify that they are citizens of a country without giving their name or passport number instead of providing identity details.
NFT ecosystems can benefit from unprecedented levels of privacy and security provided by ZK technology. By utilizing zero-knowledge proofs, NFT owners can verify their ownership and authenticity without disclosing sensitive information or compromising their identities.
This privacy enhancement mitigates the risk of fraud and identity theft, fostering trust and confidence among NFT participants. As a result, individuals have more control over their data when using ZKP-based identity protocols.
Anti-Counterfeiting Measures:
Counterfeit assets pose a significant challenge in the NFT ecosystem, threatening the integrity and value of digital assets. However, Zero-Knowledge (ZK) technology emerges as a powerful tool to combat counterfeiting and ensure the authenticity of NFTs.
It serves as a cryptographic mechanism that allows one party to prove the validity of a statement to another party without disclosing any additional data. In the context of NFTs, the owner or creator of an NFT can provide evidence of ownership and authenticity without revealing any details that could be used to counterfeit or replicate the asset.
ZK technology also assists in establishing the provenance and history of an NFT. By utilizing zero-knowledge proofs, creators can demonstrate the creation and ownership of an asset without disclosing confidential information.
Thus, ZK technology can be vital in combating counterfeiting in NFT.
Empowering Efficient Marketplaces:
By leveraging zero-knowledge proofs, ZK technology can enable NFT sellers to verify the validity of their NFT assets while preserving their privacy. The privacy feature is particularly valuable in scenarios where sellers may be high-profile individuals or institutions who wish to maintain confidentiality.
Moreover, ZK-powered NFT marketplaces enable efficient and secure transactions. The technology allows for verifying ownership and the integrity of the NFTs without the need for extensive and time-consuming manual checks.
This mitigates the risk of fraudulent activities, such as double-spending or unauthorized modifications of NFT ownership records. The process saves time and reduces transaction costs, making it easier for buyers and sellers to participate in the NFT market.
Therefore, ZK technology can transform NFT marketplaces, revolutionizing how NFTs are bought and sold.
The current state of zero-knowledge proof, however, presents some challenges as well.
Technical Expertise Barrier with Zero-Knowledge Proof
Integrating ZK technology into NFT ecosystems may impose computational overhead, potentially slowing transaction processing times. Further, the successful integration of ZK technology into NFT platforms demands technical expertise, which may hinder broader adoption among less tech-savvy individuals. Moreover, the intersection of ZK technology and NFTs raises regulatory and legal considerations.
However, ongoing algorithm advancements and optimization techniques aim to mitigate the current challenges, paving the way for smoother operations. Simplifying user experiences and providing intuitive interfaces will be essential to make ZK-powered NFTs accessible to a wider audience. Furthermore, to foster responsible innovation in this space, it is crucial to strike the right balance between privacy, security, and compliance.
Integrating ZK technology within the NFT ecosystem unlocks vast possibilities for enhanced privacy, security, and trust. Through zero-knowledge proofs, NFTs can flourish as a secure and transparent medium for digital ownership. While challenges such as computational demands and accessibility must be addressed.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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