# Weekly Update 21 January 2023

**URL:** <https://forum.pantherprotocol.io/t/weekly-update-21-january-2023/235>\
**Category:** Panther Ecosystem\
**Created:** [January 21, 2023, 8:08am UTC](https://forum.pantherprotocol.io/t/weekly-update-21-january-2023/235 "2023-01-21T08:08:01Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![ToXiC\_eHC](https://yyz2.discourse-cdn.com/flex036/user_avatar/forum.pantherprotocol.io/toxic_ehc/32/291_2.png) [@ToXiC\_eHC](https://forum.pantherprotocol.io/u/ToXiC_eHC)\
**Post date:** [January 21, 2023, 8:08am UTC](https://forum.pantherprotocol.io/t/weekly-update-21-january-2023/235/1 "2023-01-21T08:08:01Z")

</div>

![image](https://canada1.discourse-cdn.com/flex036/uploads/pantherprotocol/original/1X/aad9e7811556137919a3cad20c94abc7739600e4.jpeg)

# **Dear Panthers,**

It’s Friday again, and it’s time for our weekly mini-update. Here’s everything that transpired at Panther this week. 👇

**TECH UPDATES:**

- First of all, PIP-11 was implemented successfully Advanced Staking for [$ZKP](https://d1K0bB04.na1.hubspotlinks.com/Ctc/DN+113/d1K0bB04/VVyrSW6hwZdCW1XY0rR3VywZWW6wcfC_4W1LmJM_h9pG3q905V1-WJV7CgN80W1YFp-X43Y4h9W6yR5LC4mL0N3W4Cj-5c4mS-DdV28xmb7tC1bNW505mTt5mr6SHN99tnZDzDDk6W5xNRCD8GxzbRW4nx6qL7mCJfKW3H2ckJ33VrpfW8dNcl_5mjjCxW9l5sct1-WtTQW8HWFkt1q_tn8W5ZsncJ6Sm9HdW1WP0Pm78k3XWW3jPfRM6vWhWVN94YrQclG7bTW608cfm3QCJjgN1B4l7_4NlfBN1Ks2PzdQ8PxW4r-4Bk6vpgKFN2k1thMgvf_tW8-qqxV4tGL2MW7kfPBp2SDFGRVT5w6z3mS6-d36K51) is now live at [https://ipfs.io/ipns/pantherprotocol.eth/#/…](https://d1K0bB04.na1.hubspotlinks.com/Ctc/DN+113/d1K0bB04/VVyrSW6hwZdCW1XY0rR3VywZWW6wcfC_4W1LmJM_h9p33q8_wV1-WJV7CgGK6W1S16921Tpm8vN2qrGBgcqwy0W68n_pC5VTCVjN5tLJWCRHM-9TcM-f2B2W_xW1z9bFm6RmGZCW3HtmPw1qtkp3N7wsFkWf7xx1N8J87Rm3kBJ_W6Sv3xB2tJX4JW8SmBBp1kh_VrW4xCK9Q6HJwFpW5yXsVS8szmTmW93k5Kk8SR6m6W1yr2S24M3S6gW6nh5q08gj7vWW69YVWk8D21fmW5CwZRB694V3lW1r-6lv8gkrYXN9d5tx4RVlD53mxy1), and all requested upgrades have been executed. This includes the ability to view the APR without connecting your wallet.
- Btw, v0.5 is only a few weeks old, and it’s already showing great promise! Check out these usage stats:

- $ZKP staked on #Ethereum ➡+43M

- $ZKP staked on #Polygon ➡+35M

- Total $ZKP staked in Panther v0.5 ➡ +79M

- Percentage of ZKP tokens that are contributing to building a ground-breaking privacy-preserving network: ➡+32%

- While a small group of Panther contributors continues to work on v0.5’s interface and front-end components, most technical resources have been shifted to v1’s development. The latter group has been primarily concerned with allocating time and resources after detailed planning.
- Another significant breakthrough has been to define a working fee structure for v1 that can make the protocol sustainable in the longer term. This design also influences other game-theoretical and economic components, such as rewards for the protocol’s users.
- While planning has been mostly completed and some components are already designed, the development will reach full speed midway through February. Needless to say, we’re thrilled.

**ECOSYSTEM**

- Co-Founder Oliver Gale also recently participated in a talk about the FTX scandal and its impact on the Caribbean with industry experts. [Listen to him](https://d1K0bB04.na1.hubspotlinks.com/Ctc/DN+113/d1K0bB04/VVyrSW6hwZdCW1XY0rR3VywZWW6wcfC_4W1LmJM_h9pZ3q90pV1-WJV7CgCqQW7HSYzS58f3NmW7l1_fy3Jw9PtW51dT-K21QPDRW6-7_yH4fFXkWW7LJFRT7-fJdqW49P-zM5ZP9ngW5-cBSH6sMn0YVq_ywv2jm1HqW17P1Ph2nv_1zW2C8w5y13QczyW6WFSqQ50s71-N79f1lFsyGHkW1WSSrl5Vhd5kW32hZJv1q6vd1W7hLYNZ8kNC-rW2B0RW26L7pz5W2nZRJ-4BnT5PW1FgfK250f4GHM10K48LWgsDW82pKlN8cxhgGW8KL_YG7cPRbBW7NKrdY5dJTjvW2pVFnT7cgcRNVgwLbN1KfQ2LVQgLrc8JW8xHW7nVPP25TdDbY32Lz1) sharing his insights on a proper framework for blockchain operations and economic opportunities.
- Business owners can no longer ignore privacy regulation. Oliver also breaks down why privacy regulation should be on every centralized or decentralized entity’s radar in his latest [Forbes piece](https://d1K0bB04.na1.hubspotlinks.com/Ctc/DN+113/d1K0bB04/VVyrSW6hwZdCW1XY0rR3VywZWW6wcfC_4W1LmJM_h9p33q8_wV1-WJV7CgJR0W92XjF911PZlxW70qB2v6Sjfq0N1gR7JgnKQ5_W2Yf1wD7WgqdpN6Nct4dTYJjRW567v9J5Qn_sKW6Hpv5C3nJD8tN1Zqg6XQ0YBSW7W3mWk24yk6CW4yfG3r22ZSnwW96hhlk30HqRYW5Bg6bc5L4L0LLBWgPlJZ6-W1jsy5h8bsHxWVJbCmK7r0qDzN6Py1r5K9SS5W35KbdF3fh_RKW8fPkKn8VgLZRW4yMRGx5h29B6W2JTSGx5NGpGP3p6b1).
- Panther was included in a spot-on overview of the web3 privacy market! As the document reads, “The general privacy use cases are just on the horizon. 2023 will be a year of general privacy applicability”.  
Check out [“Privacy market outlook in Web3 by Mykola Siusko”.](https://d1K0bB04.na1.hubspotlinks.com/Ctc/DN+113/d1K0bB04/VVyrSW6hwZdCW1XY0rR3VywZWW6wcfC_4W1LmJM_h9p35nKvJV3Zsc37CgYgFW7YrWwD4LTd38N4v8_83jH5-MW3NfHRv561N_sW4nCgln890F_2W6XVz698pxN8NW1ZRSXc3WmyRLW91V2Pj704-HHVC8j_r1pN88XVt3nwM4LXpP6W7dQl4y2sbJg6W3PXc-25R38LxW873ytF96KGbhW6PJLMl3gS4tDW5-Dlz66H2N6wW83Cw2g96gS3FW38gcL97BX0_wW5-Bry17dbnBHW4FL7F76x2NYzVQJWBd2mr5xYVbzGpK5dmnZDW1FBp6b934l8WN2PbDnVJWL2DW8D08n08KGg4MW3Pkdj072f54tW2B6R8F4GKRZVW6C19Sy1DggQLW1k9Wbf6tVT0mW26Qkfx7M_1LgW9j4f0Y7nRxMnW3nXkcr7jzTvCW4b8j2b5JdtkZN2x_HsM8Hl8jW3V0vqv2-lV19W7j37hL7fT0s3W2pTkKS7tLg0lW8V81Bf7Nwp0R3nKY1)

[**Read it on Twitter**](https://d1K0bB04.na1.hubspotlinks.com/Ctc/DN+113/d1K0bB04/VVyrSW6hwZdCW1XY0rR3VywZWW6wcfC_4W1LmJM_h9pG3q905V1-WJV7CgNS3W5nxRvF3GbNcLW28mqV-8rgM1fW2jz5D898k_S7W7q0MKZ4dM55KW4k-nm3247tbmW3W5_dp51WGhlW2tD1MJ1m9hCKW4SMq7b2HqGwvW1NfWSv2rh3RGW3Zdcpc1t7S0SVlZ3_v8MYG76W8y35NZ85NRCfW7d9MXf15F7KcW3TCN7g9cpptcV_4Bxy3xsD3KVjYQw43TXKtMW5l8dsR8tl52LW2GmKs610mvbfW3PkJgG6VQrtLW5Md5nv6RkL4kVLKVxh48gyyMMRjssVJrPZ7W1MdFl91LqyCvVsVWHR2F4_Xl2yG1)

Best,

The Panther Protocol Team

**About Panther Protocol**

[_Panther Protocol_](https://d1K0bB04.na1.hubspotlinks.com/Ctc/DN+113/d1K0bB04/VVyrSW6hwZdCW1XY0rR3VywZWW6wcfC_4W1LmJM_h9pm3q8_QV1-WJV7CgKC-W3NbbSK1Kw_4TW1M1jXN7CSBjhW1GKx1k2RXhGVW7MjhMB5wmwqgW5LckMl1f4JV-W13r1sv3HnXDdW93BNpd6ycNS0VQb7-m2Vzq4RW285J525TvY8TW6rg4LQ4GKk54W3jwfyg59rXStW8gnHpZ5TSznlW4l2Dp06DDCVgW1Jy3Wp1Yh2yPV4NT7Q5_ytsXW40fw0c2c9gfVN4cYn4gn9L09VJgZ9Y3rDClfW5dyt8J2FWPmHN6xMzbbGM2xyW4m8cvh7gvxGrW6zRFh98fkf7432yt1) _is an end-to-end privacy protocol connecting blockchains to restore privacy in Web3 and DeFi while providing financial institutions with a clear path to compliantly participate in digital asset markets. Panther provides DeFi users with fully collateralized privacy-enhancing digital assets, leveraging crypto-economic incentives and zkSNARKs technology. Users can mint zero-knowledge zAssets by depositing digital assets from any blockchain into Panther vaults. zAssets flow across blockchains via a privacy-first interchain DEX and a private metastrate. Panther envisions that zAssets will become an ever-expanding asset class for users who want their transactions and strategies the way they should always have been: private._

**Be sure to check out our** [**Whitepaper**](https://d1K0bB04.na1.hubspotlinks.com/Ctc/DN+113/d1K0bB04/VVyrSW6hwZdCW1XY0rR3VywZWW6wcfC_4W1LmJM_h9pZ3q90pV1-WJV7CgKMxW2FfM3W1djZfWW1x4G156XVKW-W8LY1Fh6rhZQJW2_Pbxd2hdlQQW26kGGV7l6DTxW6V6kf62mzPRjW6hG99j2vQQlhW3NFNzs6gQ1mQVr6Xtc1N-KTwW20-jB64FNy-NW2-qhPk6mlRCSW97HFxy8HvrkSVsCKyQ2G9J7TW5Y7VY686pCK6W12NcRn8qnqkGW1_Nlc86vJn6rW6N4vJC21TtBbW6DH6Vd7y15_xMyD_729WlXvW2r_m6F70TpxqW3rp_TR8w3RncW7NyL8g2YzNLdW1w8xTx2YnCL9W42cBdQ71cjD9N28_hzXLPd0KW8dnHLW3vmPvy3dlB1)
