Lets dive deeper into the document outlining the recent major #M0N3Y Protocol upgrade, that will allow unlimited offline transactions with 100% confidentiality for any token. #Solana #Web3 #DiFi #PrivacyFi #PriFi #ZKP A thread🧵⬇️
Privacy and compliance must coexist for DeFi to achieve mainstream adoption. Our architecture is meticulously designed to navigate the complex regulatory landscape. By not charging direct transaction fees and instead using a token burn mechanism for value accrual, the protocol is structured to avoid classification as a Money Transmitter. Furthermore, the #M0N3Y token itself is designed to avoid classification as a security under the Howey Test, as its value is derived from secondary market dynamics driven by the burn mechanism, not from a share of protocol profits or governance rights.
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