coinMCASH

Monsoon Finance

0.00034667198USD-0.78%-0.78%As of: May 15, 01:04 UTC

Key Statistics

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Monsoon Finance Converter

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About Monsoon Finance

Monsoon Finance is a multichain privacy protocol building a suite of privacy services for DeFi users on every smart contracts blockchain. Monsoon uses zk-SNARKs to break the link between cross-chain and wallet-to-wallet transactions. Monsoon is building three privacy services: a wallet-to-wallet privacy tool, a multi-chain privacy bridge, and a multi-chain privacy DEX. The wallet-to-wallet privacy tool is a fork of Tornado Cash that supports multiple different EVM blockchains (including BSC, Polygon, Avalanche, Moonbeam, Acala, etc) with a built-in protocol fee. The multi-chain decentralized privacy bridge will allow users to move assets across any blockchain in a completely private and decentralized way. Monsoon nodes will stake MCASH to validate cross-chain transactions, but these transactions use zk-SNARKS to prevent nodes or any onlookers from linking deposits to withdrawals. A majority consensus amongst staking nodes must be achieved for transactions to be processed, meaning the process is both decentralized and private.
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Price Performance

1D
-0.78%
7D
9.85%
30D
16.00%
YTD
-0.44%
1Y
-33.74%
Key Statistics
24H Range
Low$0.00034397736High$0.00035454853
24h Volume
26.2K
Market Cap
0
Circulating Supply
N/A
Total Supply
100M
Rank
N/A
Market Cap Dominance
N/A
Max Supply
N/A
Fully diluted market cap
0.33451309
Hashing Algorithm
N/A
Block Time in Minutes
N/A
Volume/Market Cap
N/A
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