Offshift XFT

Offshift is a crypto trading platform that prioritizes privacy. It is built on the Offshift protocol and ecosystem, which enables users to seamlessly transfer value between the public side (Ethereum) and the private side (Offshift). This process, known as Shifting, involves burning XFT tokens on Ethereum and minting zkAssets (zero knowledge assets) on the private side, with the amount of zkAssets minted equivalent to the USD value of the burned XFT tokens. Users can then shift their zkAssets back to Ethereum, burning them and minting the equivalent USD value in XFT. Offshift aims to create a robust PriFi (privacy finance) ecosystem alongside the thriving DeFi (decentralized finance) market.

Offshift offers a unique advantage by focusing on privacy. It eliminates tradeoffs that compromise privacy and aims to return cryptocurrency to its privacy-centric roots. This sets it apart from other cryptocurrencies that may not prioritize privacy in the same way. Additionally, Offshift allows for privately storing value on a permissionless chain, providing users with familiar and usable features.