Panther Protocol Announcements

PIP-40 is now LIVE for voting!

This proposal authorizes the minting and release of an additional 4,000,000 $ZKP to the Privacy Rewards contract and sets the mainnet privacy reward emission rate to approximately 16,000 $ZKP per day.

The objective of this proposal is to restore mainnet's privacy reward distributions while aligning ongoing emissions more closely with the protocol's usage.

Check out the proposal and VOTE through here: https://snapshot.box/#/s:pantherprotocol.eth/proposal/0x6163da57aa02a4002b83b65f72f222a7110d91e2d03e68c2823d98325b55b854

Panther’s next DAO proposal, PIP-40, will likely go live tomorrow.

$ZKP holders can only vote with the tokens they hold in their own wallets, and not with those deposited in Panther’s shielded pool, so be prepared and cast your vote later this week!

The PIP-40 draft has been shared on the Panther forum today!

This proposal authorizes the minting and release of an additional 4,000,000 $ZKP to the V1 Privacy Rewards contract while simultaneously reducing the mainnet reward emission rate to better reflect the protocol’s current TVL.

The objective of this proposal is to ensure that privacy rewards remain available for a substantially longer period while reducing unnecessary token emissions into the market.

Check out the complete proposal draft here: https://forum.pantherprotocol.io/t/pip-40-increase-v1-privacy-reward-allocation-and-adjust-reward-emissions-on-polygon/546

Dear Panther community,

Today, we are sharing the latest update on what has been worked on this week.

This week’s update mostly focuses on Panther’s Base deployment:

✅ The voucher update has been implemented on Polygon and Base, per PIP-39.
✅ The dev team’s currently working on enabling internal MASP transfers on Base.
✅ The latest dApp fixes on Base are currently being tested and will be refined if needed.

Other tasks, such as zAccount UI improvements and AMM refill voucher-related ones, are also being looked into.

We will keep you posted as we move forward with getting Panther’s Base deployment ready!

Panther’s latest DAO proposal, PIP-39, has passed!

The recharger voucher reserve will be increased to 50,000 PRP, and the account activation voucher reserve to 1,000,000 PRP. The internal MASP transfers will be enabled on Panther’s Base deployment with a $25,000 daily limit. Thanks to everyone who voted! Onwards!

PIP-39 is now LIVE for voting!

This proposal introduces a parameter change to vouchers across both the Polygon and Base deployments and re-enables the internal MASP transfers on Base.

The voucher parameter changes are intended to make both voucher systems last much longer than before under current usage patterns.

Check out the proposal details and VOTE: https://snapshot.org/#/s:pantherprotocol.eth/proposal/0x3b43e87c025b6dacce1849ab7d7bf348073eb5567bf88e46d11a8567a4c1f98d

Panther’s next DAO proposal, PIP-39, will likely go live tomorrow.

$ZKP holders can only vote with the tokens they hold in their own wallets, and not with those deposited in Panther’s shielded pool, so be prepared! LFG

The PIP-39 draft has been shared on the Panther forum today!

This proposal introduces a parameter change to vouchers across both deployments (Polygon and Base) and re-enables internal MASP transfers on Base. The voucher parameter changes are intended to make both voucher systems last much longer than before under current usage patterns.

Check out the complete proposal draft here: https://forum.pantherprotocol.io/t/pip-39-voucher-update-internal-transfer-for-base-deployment-testing/545

Maximal Extractable Value (MEV) costs users hundreds of millions of dollars annually across blockchain networks, often worsening the overall UX in DeFi.

On this blog, we explain how Panther mitigates the negative effects of MEV through its privacy-preserving infrastructure.

https://blog.pantherprotocol.io/how-panther-protocol-shields-users-from-mev-privacy-as-a-powerful-defense/

We are going live tomorrow at 5:00 pm UTC on Web3 Global with Access Protocol, GVNR, Spark, Alvey, Shido Network, Shift, Kaspa, and multiple speakers from other projects to discuss real-world adoption and payments in crypto.

https://x.com/web3globalmedia/status/2072734497070629200?s=20

We hope to see you there!

It’s Friday! Before we start the weekend, we hereby share this week’s development update!

We are getting closer to Panther’s Base launch.

✅ This week, the Base production contracts have been fully configured. This is necessary to start testing all functionalities of Panther’s Base deployment, which will start after the weekend.
✅ The previously reported error message when the user's PoH verification had expired has been tweaked and is ready for deployment to mainnet.
✅ The error messages caused by public RPC failures have been made more user-friendly.

As mentioned earlier, next up is testing all functionalities of Panther’s Base deployment and implementing the necessary configurations on the protocol's frontend. We will keep you posted on our progress and wish y’all a great weekend ahead!

Dear Panther community,

We are happy to share this week’s development update!

This week's update focuses on the wallet engine of Panther’s Mainnet, as well as on other protocol enhancements.

✅ Panther’s optimized wallet engine has been implemented, tested, and deployed onto Mainnet! This means a smoother, even faster UX when transacting zAssets within Panther Protocol. It also means a faster onboarding of UTXOs after submitting transactions.
✅ The public RPCs have been replaced by a subgraph for updating users' data within the dApp
✅ Furthermore, the development team is investigating a verification error message that appears when users' PoH verification status has expired, as well as the previously reported RPC errors.

That’s a wrap, onwards we go!

Why onchain privacy matters in the age of AI

AI made onchain analysis more powerful, and Panther Protocol helps restore privacy within DeFi by utilizing Zero-Knowledge Proofs.

On this blog, we describe why AI and privacy are converging, why your onchain privacy matters in decentralized finance, and how Panther aims to give users greater control over their onchain data.

Check it out here: https://blog.pantherprotocol.io/why-onchain-privacy-matters-in-the-age-of-ai/

The Advanced Staking rewards claiming page is now live!

$ZKP holders who used Panther v0 can check out their rewards by connecting their wallet and switching to the Polygon network.

The staking rewards page can be accessed through the following links:

- https://canary.pantherdao.app/#/rewards
- https://pantherdao.app/#/rewards?tab=staking

Panther’s latest DAO proposal, PIP-38, has passed!

The DAO decided to vote in favor of winding down Panther’s Advanced Staking infrastructure by opening the Merkle-based claim window for eligible users on Polygon and authorizing the funding and activation of the frozen Vault claim mechanism, enabling eligible stakers to claim $ZKP and PNFT entitlements directly from the Vault.

There will be a temporary vesting allocation to cover the remaining $ZKP shortfall required to satisfy the previously promised 10% APY return for eligible advanced staking positions, as well as $ZKP allocations for Panther’s mainnet ecosystem deployment activities, including:

- Privacy rewards
- Initial AMM liquidity
- And the subsidy pool defined under PIP-26.

Keep an eye out for more updates about the Advanced Staking rewards claiming process!

Yesterday, PIP-38 went live and has, as of now, reached ~63% of the votes required to pass.

This proposal finalizes the wind-down of Panther’s Advanced Staking infrastructure by opening the Merkle-based claim window for eligible users on Polygon and authorizes the funding and activation of the frozen Vault claim mechanism, enabling eligible stakers to claim $ZKP and PNFT entitlements directly from the Vault. And, approximately 2.7M $ZKP is still needed for the proposal to pass!

If you haven’t already, VOTE on the proposal here: https://snapshot.box/#/s:pantherprotocol.eth/proposal/0xbb524803af679bf278aee0d1fbba916238330cba8ea3ad7f1099aee45c5a0e2a

PIP-38 is now LIVE for voting!

This proposal finalizes the wind-down of Panther’s Advanced Staking infrastructure by opening the Merkle-based claim window for eligible users on Polygon and authorizes the funding and activation of the frozen Vault claim mechanism, enabling eligible stakers to claim $ZKP and PNFT entitlements directly from the Vault.

Additionally, the proposal authorizes the creation and release of a temporary vesting allocation to cover the remaining $ZKP shortfall required to satisfy the previously promised 10% APY return for eligible advanced staking positions as well as $ZKP allocations for Panther´s mainnet ecosystem deployment activities, including privacy rewards, initial AMM liquidity, and the subsidy pool defined under PIP-26.
Check out the proposal and VOTE through the link below:

https://snapshot.box/#/s:pantherprotocol.eth/proposal/0xbb524803af679bf278aee0d1fbba916238330cba8ea3ad7f1099aee45c5a0e2a

The PIP-38 draft has been shared on the Panther forum today!

This proposal finalizes the wind-down of Panther’s Advanced Staking infrastructure by opening the Merkle-based claim window for eligible users on Polygon and authorizes the funding and activation of the frozen Vault claim mechanism, enabling eligible stakers to claim $ZKP and PNFT entitlements directly from the Vault.

Additionally, the proposal authorizes the creation and release of a temporary vesting allocation for eligible Advanced Staking positions as well as $ZKP allocations for Panther’s mainnet ecosystem deployment activities, including privacy rewards, initial AMM liquidity, and the subsidy pool defined under PIP-26.

Check out the proposal draft here: https://forum.pantherprotocol.io/t/pip-38-open-the-advanced-staking-claim-window-and-authorise-base-ecosystem-reward-allocation/542

Dear Panther community,

Today, we are giving you the latest about what is being worked on this week.

✅ Panther’s latest DAO proposal, PIP-37, passed! And preparations for PIP-38 have started, so the Advanced Staking rewards-claiming functionality will be ready. Keep an eye out on the Panther forum for more details.
✅ The work on the internal dApp limit warning and some minor UI tweaks has been completed.
✅ The dev team is also working to optimize the wallet engine for faster, more stable performance. These improvements will also be tested.

That’s a wrap! We will keep you posted while we progress. Onwards we go!

Panther’s latest DAO proposal, PIP-37, has passed!

The Advanced Staking vault will be upgraded by introducing a Merkle tree-based claim mechanism for the Advanced Staking rewards distribution. The Merkle root authorizing claims will be published and committed through a separate follow-up governance proposal once the entitlement dataset has been finalized, so keep an eye out for the next PIP!

Onwards!