Answers to a few questions about dex Common built on Aleph Zero
Let's get to know Common better. For details, you can visit https://common.fi. Common in 11 Questions
What are the unique features of Common in the DEX market?
Common offers: - On-chain privacy features; - Innovative liquidity collection; - Compatibility-focused features to improve user experience.
How does Common differ from other DeFi products in terms of privacy and compliance?
a- Compliance: Designed to comply with GDPR, AML and KYC regulations, allowing traceability and identification of suspicious activities.
b-Privacy: Ensures the confidentiality of user funds through protected pools, grouped transactions and homomorphic encryption. The DAO may disclose sandbox contents if doubts arise about the source of the funds.
How does Common overcome privacy and price efficiency challenges?
a- Privacy: Uses sandboxes to hide user funds and bulk transactions, revealing only bulk transaction data and ensuring confidentiality.
What is the development roadmap for Common?
The initial focus is on improving the Common Automated Market Maker (AMM) and gradually rolling out additional features. The team complements the sandbox with ZK-ID integration to ensure compliant on-chain privacy.
How does Common prevent abuse of privacy features?
Common combats illegal activity by requiring ZK-ID verification for access to the sandbox. Additionally, the DAO can vote to uncover suspicious transactions.