Private Yield Function

Explore AQTIS' unique privacy feature

Overview

In this section of the AQTIS documents, we delve into the intricacies of our Private Yield Function, a versatile and user-centric feature designed to enhance the privacy of your yield-claiming transactions.
This innovative function has been meticulously crafted to provide users with the ability to toggle privacy settings on and off, according to their individual preferences and requirements.

What is the Private Yield Function?

The Private Yield Function is a unique feature specific to AQTIS. As your assets generate yield, we have created a unique feature that allows you to select whether you want your yield to be visible on the public blockchain, or kept private.
If you select the public option when you collect the yield on your assets, that transaction will be visible, and therefore trackable to anyone monitoring transactions.
If you select private however, your yield will be directed through the Oasis Privacy Layer, which will obfuscate the transaction, (more information on that below) ensuring no one can keep tabs on the yield generated by AQTIS products.

Why would I want my yield to be kept private?

Security is an issue for investors big and small. There are a growing number of examples of wallets that generate yield being targeted by scammers. As a blockchain’s transaction data is public, anyone can monitor any wallet.
We believe in helping investors protect their assets, and the private yield function is one of our solutions. By creating a private transaction for receiving yield, you have an extra layer of protection for your assets, helping make DeFi safer for investors. We achieve this by utilizing the Oasis blockchain’s unique privacy technology, which we will explain in more detail in the next section.

What is the Oasis Privacy Layer?

The Oasis Privacy Layer (OPL) is the industry-leading EVM-compatible Smart Privacy solution. Its architecture allows AQTIS to run on Ethereum, and pay gas fees in Ethereum, but take advantage of the privacy features on Oasis.
It has a unique feature that allows us to customize the type of privacy we think investors need, and maintains a class-leading cross-chain privacy feature that allows us to keep transactions secure.

How does Private Yield work?

When activated, the Private Yield Function integrates the Oasis Privacy Layer (OPL) to ensure your yield-claiming process is confidential.
This sophisticated mechanism channels your funds through the OPL and a semi-mixer, to obfuscate the amount of yield you are receiving. To do this it uses a combination of time-delay and yield randomisation.
Time delay means you will receive the yield over a period of time, typically from 1 to 72 hours. This means your yield will be broken up into chunks. So within the first hour, for example, you might receive 30% of your total yield, then the remainder will be broken into chunks and sent to you over the next 24 hours.
The yield randomization system deposits the yield to you in chunks that change over time, so no two transactions look the same.
Here’s an example:
  • User A opts to claim a reward of 1000 USD privately.
  • They receive an initial amount of 300 USD in their new wallet within the first hour.
  • The remainder is distributed over the subsequent 24 hours in accordance with the batched transactions.

Recommendations for additional privacy

For optimal privacy, a claim to two distinct wallet addresses is recommended. This method efficiently obfuscates the size of the total rewards accrued over the month, further anonymizing your yield.

How does this comply with regulatory requirements?

Despite this heightened level of privacy, we uphold our commitment to regulatory compliance and transparency. To this end, all claiming data is securely stored off-chain, ensuring that your wallets remain untraceable while adhering to legal standards.
AQTIS won’t have access to these as a company. In the event a wallet address is sanctioned, we have the capability to block specific addresses if requested by regulatory authorities.
For the transactions passed through a mixer, this is still obscured and we are unable to track the output of the transactions passed through OPL.
This innovative process ensures your yield is claimed in a confidential manner, distinct and separate from the wallet associated with your LSD position, substantially bolstering the privacy of your financial engagements.

How do I activate Private Yield?

The Private Yield Function can be effortlessly activated or deactivated by the user, ensuring a seamless and personalized experience. To initiate the privacy settings, you will find the toggle switch for the Private Yield Function within the upcoming app.
Here, you can choose to activate or deactivate the feature as per your desire, granting you complete control over the visibility of your transactions.

The Future / Private LSDs on Oasis

In addition to the toggled options initially, we are exploring the potential of offering fully Private LSD(s) on the Oasis Network. This feature ensures that the entire LSD and yield mechanism operates on the Oasis Network itself, with the option to claim yield directly on Oasis or directly to Ethereum or any other chain.
Please note that this option requires an initial setup and would not be toggleable per claim like the previous options.

Conclusion

The Private Yield Function stands as a testament to our commitment to providing users with advanced tools and options for managing their financial privacy.
By offering a flexible, secure, and user-friendly solution, we aim to empower our users to take control of their financial narrative, ensuring a confidential and empowering yield-claiming experience.
Have questions? Hop into our Discord.
Last modified 23d ago