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What is Sacred?
How Sacred Works
Technical Details
Sacred Terminology
Other Sacred Info
How to use Sacred
Sacred’s simple one-step process abstracts the steps for you to attain maximum privacy by integrating DeFi protocols with Sacred’s mixer.
Before you start. Please read the Sacred Rules - This is to ensure your privacy while using Sacred.
Here is a quick breakdown of how it looks like:
Deposit and Withdraw your Principal
- 1.To earn yield privately, Sacred users place their deposit into a Sacred Box. This box houses smart contracts that accept pre-set amounts (i.e. MATIC 100) and ensures observers will not be able to differentiate between the bucketed amounts during withdrawal.
- 2.A randomly generated Sacred Claim, in the form of a string of words and letters is generated upon deposit. Store this claim safely, this is the only key with which you can withdraw the deposited funds. After doing so you need to confirm that you have saved the claim.
- 3.Approve tokens to be spent by the sacred protocol
- 4.Deposit tokens into the sacred mixer
- 5.The deposit is transferred to the designated DeFi partner and accrues yield.
- 6.Wait for a couple of days for other deposits to layer on top of your deposit to increase the privacy of your transaction.
- 7.Withdraw your principal: The Sacred Claim is submitted for withdrawal and cryptographically verifies the deposited assets before releasing them to the clean address.
- 8.Withdraw your Yield: COMING SOON.
Note: Sacred can be used with a brand new account without any MATIC in it, as our relayers enable gasless transactions for our users.
Once you withdraw the principal, you will be able to redeem the yield- privately!
Further information on how a mixer works:
Since Sacred is a fork of tornado cash, check out the tornado cash github and whitepaper to learn more about how zk powered mixers work. Different from the Tornado Cash mixer, Sacred integrates with DeFi, providing another layer of privacy through Sacred Boxes.
When you deposit assets in a Sacred Box, Sacred interacts with a DeFi partner on your behalf. Since every transaction made on Sacred goes through a mixer, your depositing and withdrawing addresses are further disassociated which allows for you to continue to maintain your privacy.
Last modified 3mo ago
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