The Panther Protocol Mainnet Beta integrates KYC compliance via PureFi and offers four million $ZKP in rewards.

The Panther Protocol Foundation (PPF) announced the launch of Panther Protocol’s Limited Mainnet Beta, a live blockchain environment designed to test privacy-enhancing DeFi technologies under real-world conditions.

Built on Polygon Network’s mainnet, the beta test will enable participants to test Panther Protocol’s Confidential DeFi infrastructure using real tokens for the first time.

The beta went live on 31 March 2025, and participation was limited to 2000 users. The Foundation will distribute four million $ZKP tokens to the testers as rewards for their contributions.

The beta test will allow the PPF to validate Panther Protocol’s privacy-preserving and compliance tools by using real assets before deploying them to production, which includes its Know Your Customer/ Know Your Transaction (KYC/KYT) integration. PureFi, an official Panther compliance partner, will provide KYC services for the beta. 

The network’s operations will be run by Eurobit, a licensed Virtual Asset Service Provider (VASP) acting as the Zone Manager. Zone Managers are responsible for managing specific Zones, which are logically partitioned groups of assets and users, within the network to ensure transactions comply with regulatory requirements. The beta test will operate with a single Zone.

“Launching the Limited Mainnet Beta is a pivotal moment for Panther,” said Anish Mohammed, Co-Founder of Panther Protocol. “Through this initiative, we are not just pioneering compliance-focused DeFi but also empowering users and market operators with control over their financial data — a fundamental shift in how privacy is managed in decentralised ecosystems.”

The four million ZKP tokens will be put into an AMM rewards pool and distributed based on the protocol set rules. PPF is also providing an additional one million $ZKP to the donation pool to subsidise network costs like gas fees, and bundler services.

Like our content? 

Support us through the Ko-fi button on the bottom left corner, or via our affiliate links below.

Leave a Reply

Your email address will not be published. Required fields are marked *

Instagram