@Hinkal_Protocol allows you to do private transactions on your favorite dApps. They recently raised +4M funds and an #Airdrop isn't out of the question🪂🚀
🧵A-Thread by #AlphaInsiders🕵️⚡️
🔴 Dont Farm Airdrops
- Disclaimer
🔴 What's Hikal?
Hikal is Co-founded by Stanford graduate Giorgi Koreli and his Ph.D. brother Nika Koreli, #Hinkal ensures transaction and asset privacy in core DeFi functions like trading, farming, staking, and lending using stealth addresses
A protocol built on ZK technology, facilitates private trading and yield farming across EVM chains. It allows for untraceable transactions on DEXs, as well as participation in staking and liquidity provision, thereby removing the necessity for withdrawals.
🔴 What does Hikal Offer?
Hinkal is a self-service dApp that supports:
● Private addresses
● Swaps on Odos, Uniswap and 1inch
● Staking/yield farming on Curve (Liquidity Provision), Convex and Beefy (staking)
● Private transfers
● Withdrawals
🔴 Raised Money
Recently, Hikal secured $4.1 million in funding, led by Draper Associates, with participation from notable investors including Psalion, NGC Ventures, Aquanow, No Limit Holdings, Orange DAO, DraperDragon, and more.
🔴 Airdrop
The Airdrop is yet to be confirmed officially, but the team hints at it in their Discord
With VCs and high funding, chances are it'll happen. KYC on the platform reduces farmers, increasing potential airdrop size.
Personally not a fan of doing KYC but Hinkal says the KYC requirement is for safety and regulatory reasons.
More:
☑️ if you holding Galxe Passport / Binance Account Bound (BAB) tokens and a few more options in your wallet you can pass the KYC.
🔴 What to do?
● Pass KYC - obtain "Access token"
● Create a shielded address and deposit assets
● Run trading strategies privately - all in one place
Swap / Pools / Stake
● Withdraw and Repeat on available chains.
● Doing Galxe Tasks
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