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  • What is Sacred?
    • Introduction to Sacred Finance
    • Why use Sacred?
    • Roadmap
  • How Sacred Works
    • Sacred Versions
    • How to use Sacred
    • Private Yield
    • Anonymity Set
    • Sacred Rules
  • Technical Details
    • How V1 Sacred Boxes work
    • Relayer
    • Sacred Ceremony
  • Tokenomics
    • Token Supply & Distribution
    • Incognito Mining
      • Incognito Credits
      • Incognito Accounts
      • Converting IC into SACRED
    • Sacred Buy Backs
    • Bonding Management
  • Sacred Terminology
    • Sacred Box
    • Sacred Claim
    • Privacy Indicator
    • Inspect Tool
  • Other Sacred Info
    • Sacred Privacy Policy
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  1. Sacred Terminology

Sacred Box

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Last updated 2 years ago

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What is a Sacred Box?

The Sacred Boxes provide fixed denomination values for users to select from (i.e., 100 Matic, 1K Matic, 10K Matic, etc.). After you initiate the deposit in the chosen denomination, the smart contract houses the deposit, which gets mixed in with the other existing deposits. The deposit can only be redeemed when the owner of the deposit unlocks their assets with the unique.

This mechanism supports the integrity of Sacred’s privacy solution as observers will not be able to differentiate between the same denominations being withdrawn.

Sacred Claim