Tornado.Cash Deployment Proposal On xDAI

This article was written by ayefda & bt11baWUTornado team (@WUTornado)

Contribute to Tornado.Cash Deployment on xDAI

Tornado.Cash * xDai Chain

  • 100 xDai pool;
  • 1,000 xDai pool;
  • 10,000 xDai pool or
  • 100,000 xDai pool.

What About xDai Chain?

  • xDai on one hand, a stable token used for transactions;
  • STAKE on the other hand, a governance & staking token used to support the POSDAO Proof-of-Stake mechanism.

POSDAO PoS in Few Words:

Other Interesting Features:

xDai Chain Metrics 📈

And what About its Tokens?

  • xDai, its native cryptocurrency, is a stable token derived from Dai (MakerDAO crypto-currency), which is pegged to the US Dollar. Therefore, transaction fees on xDai are always predictable and stable.
  • Dai is a stable coin raking in the top 30 largest market capitalizations with more than $6bn. The correspondence between xDai & Dai is 1:1.
  • xDai Chain functions with a dual-token model. STAKE is its governance & utility token, used for the underlying POSDAO Proof-of-Stake consensus. STAKE has currently a market capitalization of ~ $58m.

Non-custodial private transactions on Ethereum.

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Tornado Cash

Tornado Cash

Non-custodial private transactions on Ethereum.

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