Offshift (OP)
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July 15, 2020, 01:18:18 AM
Last edit: April 24, 2021, 05:54:36 PM by Offshift |
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Offshift: Pioneering #PriFi with the world’s first Private Derivatives Platform Value Proposition: OffshiftOffshift dissolves the existing tradeoff between privacy and everything-else-crypto using zero-knowledge (zk) proofs to mint synthetic, asset-pegged tokens that are intrinsically private. On Offshift, users can stake a claim on any asset they like, without dealing with slippage, excessive collateral requirements, or liquidation risk, and all while maintaining personal privacy. Essentially, Offshift enables individuals to anonymize their crypto holdings, so they can invest in the technologies they believe in without the drawbacks related to exposure and public profiling. Privacy is a right - not a crime; as all individuals are innocent until proven guilty, they ought to be treated as such.zkAssets: Private, On-chain Synthetics for Anonymous OwnershipOffshift’s Private Derivatives Platform enables the minting of zkAssets, a proprietary line of private synthetics. Leveraging zero-knowledge proofs, Ethereum’s turing-complete smart contracts, and Chainlink’s decentralized oracle network in conjunction, Offshift enables users to mint a wide array of zkAssets using its native token, XFT. Users can Shift from XFT into zkAssets, and from zkAssets back into XFT with ease. Simply put, zkAssets fuse privacy-as-a-service with existing DeFi tools to provision a revolutionary line of derivative instruments that accessorize privacy.Asset Diversity: Crypto, Fiat, Commodities, and Anything with a Price Feed - All on One Platform, All PrivateOffshift does not make privacy a universal, augmentable feature per se, as the platform never interacts directly with any assets beyond XFT and the zk-varieties it generates; zkAssets are synthetic by default. Consequently, there is virtually no limit to the expanse of assets Offshift’s protocol is capable of tokenizing; Offshift is fully capable of supporting any asset as long as there exists a market and a price feed - that means not only all tradeable cryptocurrencies and fiat currencies, but gold, silver, other commodities, and virtually anything with a price feed. Offshift stands to offer one of the most versatile and diverse trading environments in the global financial industry, and all while providing complete privacy for each and every one of its users.Stress-Free Exchange: 1:1 Collateral, Zero Slippage, Zero Margin Calls, Zero Liquidations, & Zero Liquidity RiskUnlike other DeFi platforms that allow users to mint synthetic assets, Offshift’s Private Derivatives Platform does not impose excessive collateral requirements of any kind; over-collateralization is an outdated mechanism that is not capital-efficient. With Offshift’s proprietary Burn-and-Mint mechanism and corresponding elastic supply model, users are afforded a seamless and stress-free trading experience, completely void of slippage and related liquidity risks. Accordingly, when users mint zkAssets, they never have to worry about margin calls, liquidations, or periodic fees to maintain their positions.Cross-Chain Strategy: Prioritizing Interoperability & Reducing Costs to UsersThe vision that is being laid out by the Web3 Foundation, Parity Technologies, and PureStake in the formation of the Substrate Blockchain Framework, Polkadot ecosystem, and Moonbeam Network resonates with our own at Offshift: the future smart economy will most likely consist of a network of diverse blockchains dedicated to specific functions and communities. As such, the technologies that enable interoperability and promote inclusivity across chains will play integral roles in facilitating seamless economic activity. As a powerful, decentralized application dedicated to privacy-centric exchange, Offshift will best serve users and extend access to its community by catering to multiple blockchain ecosystems - an imperative that will only become increasingly important as blockchain-based technologies mature. Thus, while the Offshift team builds out our Shifting application and releases batches of zkAssets on Ethereum, we will also be advancing development on Moonbeam, Polkadot’s leading EVM-compatible Parachain, in parallel. * Furthermore, as per the enhanced scalability provided by Polkadot’s parachain architecture, we anticipate that users will benefit from
reduced fees on our platform.Rug-Pull-Proof DeFi: Hardcoding Integrity into OffshiftAs a rising project in a nascent, decentralized industry, Offshift acknowledges and respects the challenges prospective users and community members face in vetting projects for dishonest practice, exploitative tokenomic models, and outright deceit. We further acknowledge that, although the choice of our team members to remain anonymous aligns with the broader ethos of our project, we owe it to our community and everyone exploring our technical solution to take all necessary measures to ensure the ethical, high-integrity operation of our Private Derivatives Protocol. In our commitment to integrity, we have employed a Strategic Vesting Model, Lockboxes for On-chain Reserves, and Liquidity Locks.To learn more please see our Whitepaper or Pitch Deck.
The XFT token began trading in August, 2020, with a total supply of 10,000,000 XFT. For complete tokenomics please see the Whitepaper or Pitch deck.
All major announcements will be made in this thread as well as via the official Offshift Twitter, Telegram and Discord.
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Offshift (OP)
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July 20, 2020, 07:07:57 PM |
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 The Offshift whitepaper has been released! You can find the link here. |
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CaVO32
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August 04, 2020, 08:59:33 AM |
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Am I seeing this right? The daily volume in Uniswap is already millions of dollars? No wash trading here to make the volume big even if it isn't? And take a look at their thread here, not so much activity but how come they are very active in trading? Are there really buyers for this token? Also, this is anonymous DeFi project, I wonder how many real traders they have?  |
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IlVeroNico
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August 04, 2020, 09:26:24 AM |
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Am I seeing this right? The daily volume in Uniswap is already millions of dollars? No wash trading here to make the volume big even if it isn't? And take a look at their thread here, not so much activity but how come they are very active in trading? Are there really buyers for this token? Also, this is anonymous DeFi project, I wonder how many real traders they have?
Yes, the Trading Volume on the first day was crazy, and there wasn't wash trading (you can check the tx thanks to dextools) There were some posts on 4chan and some on twitter that brought some hype If everything goes to plan the Project Lead said that they plan to lock the liquidity today and have already applied for Coingecko so it should get listed there soon. |
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Offshift (OP)
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August 04, 2020, 04:40:33 PM |
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Offshift (OP)
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August 04, 2020, 04:49:10 PM |
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Offshift (OP)
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August 05, 2020, 03:09:33 AM |
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Twinkledoe
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★Bitvest.io★ Play Plinko or Invest!
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August 05, 2020, 03:12:47 AM |
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Another DeFi project in the making. DeFis are conquering the market nowadays but I bet only few of them will survive long term. So if you are an investor, need to be meticulous in selecting DeFi project, don't be overwhelmed by numbers but look at their actual developments.
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Offshift (OP)
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August 05, 2020, 04:51:09 AM |
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Offshift (XFT) is on CoinGecko |
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Offshift (OP)
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August 06, 2020, 05:59:42 AM |
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Offshift (XFT) is now tracked on CoinMarketCap |
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template
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August 06, 2020, 07:11:31 AM |
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More scammer soon with DeFi
Do not lost money russian scammer start more fake projects
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Epistemicrisis
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August 06, 2020, 08:14:53 PM |
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Not sure where you get the russian part from?
Frankly, it's a bull market for uniswap DeFi shitcoins right now, I'm all over this as long as it's perfectly adequate. It doesn't appear to be directly a scam, so I'm definitely in at this price at least for a quick flip. We'll see how popular it gets!
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Offshift (OP)
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August 08, 2020, 08:56:20 PM |
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Offshift (OP)
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August 10, 2020, 09:37:24 PM |
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 The Offshift roadmap is released, read about it here! |
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Offshift (OP)
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August 12, 2020, 08:59:40 AM |
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Offshift (OP)
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August 20, 2020, 10:34:08 PM |
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Offshift (OP)
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August 31, 2020, 03:39:15 PM |
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Offshift (OP)
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September 02, 2020, 09:06:33 AM
Last edit: September 03, 2020, 11:24:28 AM by Offshift |
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