After a few weeks of testing on closed mainnet, we are thrilled to announce a major milestone in our journey: we are now officially deployed on the Ethereum Mainnet and Arbitrum.
This development marks a significant step forward in our mission to provide users unparalleled compliant access to DeFi.
Singularity is a compliant and confidential layer for users who wish to engage in DeFi discreetly. These deployments expand our arsenal of available pools, dApps, and other resources accessible on these chains.
Expanding Horizons with Ethereum Mainnet
Ethereum has long been the cornerstone of the DeFi ecosystem, and deploying on mainnet enables us to offer our users the full suite of benefits that come with this robust and secure blockchain.
Here’s what this means for our users:
Permissionless Pools: Our deployment means that our users can now access a wide variety of permissionless pools, enhancing users’ ability to participate in various DeFi activities including swaps, liquidity provisioning, and staking. We are initially integrating with Uniswap, Curve, and Rocketpool with many more in the pipeline.
Diverse dApps: With Ethereum’s extensive ecosystem of dApps, Singularity users will be able to seamlessly interact with a vast array of dApps in our pipeline for use cases including vesting and OTC swaps.
Scaling Solutions with Arbitrum
In addition to the Ethereum mainnet, our deployment on Arbitrum enhances Singularity with greater scalability and efficiency. Arbitrum offers faster transactions and lower fees, reducing the costs of running our zero-knowledge proofs.
Here’s how this benefits our user base:
Lower Fees: Arbitrum significantly reduces transaction costs, making it more affordable for users to engage with DeFi applications and execute smaller transactions.
Faster Transactions: With Arbitrum’s high throughput capabilities, you can enjoy quicker transaction times, ensuring a smoother and more efficient user experience.
We have already integrated with Uniswap on Arbitrum with a range of dApps integration in the pipeline.
What’s next in our product roadmap?
These initial deployments are just the beginning. We have a pipeline of additional chains we plan to deploy on as well as better tooling to enhance user experience, and analytics to fulfill compliance requirements
Stay tuned for more updates, and thank you for being a part of the Singularity ecosystem.
About Singularity:
Singularity is a compliant institutional DeFi access layer that provides access to popular protocols for institutional on-chain participants with commercial confidentiality. Users will have their wallet addresses obfuscated while leveraging existing DeFi liquidity. Singularity uses the state-of-the-art UltraPLONK proof system with zero-knowledge circuits based on Noir.
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