How to use Sacred
Last updated
Last updated
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 vital to ensure your privacy while using Sacred.
All of our products are still experimental software. Please use it at your own risk.
Before an asset is deposited into a Sacred Box, a unique Sacred Claim is generated in the form of a string of words and letters. This claim is locally generated and only the depositor will have access to this Sacred Claim. The Claim is critical to withdraw the deposited assets and needs to be stored somewhere safe.
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 or 0.1 ETH) and ensures observers will not be able to differentiate between the bucketed amounts during withdrawal.
3. Approve tokens to be spent by the sacred protocol
4. Deposit tokens into the sacred mixer
Once you withdraw the principal, you will be able to redeem the yield- privately!
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. Unlike 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 allowing you to maintain your privacy.
If you have questions, bug us on Discord!