Not sure how Panther product works (need help)

Panther Improvement Proposals (PIPs)
1

Hi,

I’m trying to understand how the Panther product works, especially things like zAssets and privacy features, but I’m a bit confused.

Can someone explain it in a simple way or point me to a good guide?

Thanks!

2

See zAssets as 1:1 fully collateralized, privacy-enhancing digital assets minted by depositing assets from any blockchain into Panther’s shielded pool. So they are wrapped tokens minted when users deposit native digital assets into Panther’s smart contracts. Ethereum (ETH) becomes zETH, USDC becomes zUSDC, etc.

More info can be found here on our docs: zAssets | Panther Protocol Documentation

Or here at the protocol overview Messari wrote about Panther: https://messari.io/report/understanding-panther-protocol-a-comprehensive-overview