Oasis Network launches ecosystem funding program, unlocking a new future for privacy computing

The ecological funding plan launched by Oasis focuses on supporting the development in three main directions: privacy-protecting dApp based on Sapphire, core infrastructure tools, and new ParaTime capable of expanding network capabilities.

Written by: Oasis Network

In the Web3 industry, privacy and on-chain confidentiality have always been an unavoidable challenge. Although everyone knows that this is the key to the future, the projects that can truly produce results are few and far between. Oasis Network is trying to change this situation. Through its unique architectural design - combining a highly scalable Layer1 public chain and a dedicated ParaTime parallel computing environment (such as the currently only production-ready confidential EVM runtime Sapphire), Oasis is reshaping the privacy landscape of Web3 in its own way.

This time, Oasis launched the Ecological Grant Program, focusing on supporting three directions of development: Sapphire-based privacy-protecting dApps, core infrastructure tools, and new ParaTimes that can expand network capacity. Several teams that have recently received funding have already begun to prove through practical actions that the future of privacy computing and DeFi may be closer than we imagine.

Midas: The "Bridge" Between Traditional Finance and DeFi

If the distance between traditional finance and DeFi is a chasm, then Midas is the one trying to build a bridge. This time, the Oasis Foundation has provided $5 million in funding for Midas to launch the mTBILL product on the Sapphire network. Simply put, mTBILL allows ordinary users to easily invest in US Treasury bond tokens and enjoy a 4.78% annualized yield - without a minimum investment threshold or any certification required. This means that the high-yield products that were originally only accessible to institutions have now become open to everyone under the privacy protection of Oasis.

illumineX: The "Game Changer" of Cross-Chain Privacy

illumineX's privacy wallet V2, may become a benchmark in the cross-chain privacy field. It is not only the first bitcoin privacy wallet on the market that does not rely on a mixer or CoinJoin technology, but also supports both EVM and non-EVM chains. Through the Oasis Privacy Layer (OPL), illumineX V2 can completely conceal transaction information, including sender, receiver, amount, and asset type, while also ensuring compliance. More importantly, it also supports cross-chain privacy features, and even introduces anti-money laundering (AML) mechanisms, which can mark malicious wallets and provide users with a more secure trading environment.

NEBY: Redefining Decentralized Exchanges

NEBY is trying to redefine DEX with privacy technology. This team has developed a new generation decentralized exchange that integrates cross-chain swaps, concentrated liquidity AMM technology, and flexible reward mechanisms. Through Sapphire's confidential computing power, NEBY not only solves the pain points of traditional DEX in slippage and liquidity dispersion, but also makes transaction privacy a standard feature. It can be said that this platform is striving to provide users with a higher performance and better experience decentralized trading environment.

Omo Protocol: Empowering Privacy DeFi with AI

The goal of the Omo Protocol is to provide privacy protection for DeFi using AI technology. This time, they have received funding to develop an AI-driven privacy yield platform on Sapphire. By implementing secure key management through a trusted execution environment (TEE), the Omo Protocol enables AI agents to execute complex yield strategies in a completely private environment. This innovative combination of AI and privacy computing not only enhances the security of DeFi, but also provides more possibilities for future financial automation.

Apillon: Reducing the entry barrier of Web3

For ordinary users, the threshold of Web3 has always been high, and Apillon is trying to lower this threshold. The embedded wallet SDK they developed allows users to directly use decentralized applications through familiar login methods while ensuring privacy and security. This technology not only supports EVM-compatible chains but also is compatible with Substrate-based blockchains. For mainstream users who are still observing, this way of reducing learning costs may be their first step into Web3.

Want to change the future on Oasis?

The Oasis Ecology Support Program is looking for ambitious and innovative developers. Whether you have your own ideas about privacy protection, AI, or the future of Web3, there is plenty of room here for you to make your mark, whether you are developing a privacy dApp based on Sapphire or deploying smart contracts as a privacy layer. The funding project will be evaluated based on technical innovation, ecological impact, and team strength, and creative ideas that can break through existing boundaries are especially welcome.

If you feel ready, you can go to the Oasis Foundation official website to submit your application. A clear goal and a feasible development plan will greatly increase your pass rate.

The future of Web3's privacy is being built on Oasis, will you be a part of it?

About Oasis Network

Oasis Network is a high-performance blockchain network focused on privacy protection, dedicated to providing technical support for the future of Web3. Its unique ParaTime architecture supports multiple parallel computing environments, not only improving the network's scalability, but also making privacy protection possible. As a leading global privacy computing platform, Oasis has attracted numerous developers and enterprises to inject new vitality into fields such as DeFi, data economy, and AI. For those seeking innovative opportunities in Web3, Oasis is undoubtedly a name worth paying attention to.