Haven Protocol

#Idea 5/5 The privacy thesis is great, anyone wants to be targeted from being wealthy and want to keep it's transactions anonymouse. Additionally, when CBDCs get mainstream (and it will soon), Privacy coins will be much needed or . Haven Protocol enables users to keep anonymous and turn the native token in achosen stablecoin. #Technology and History 1/5 The core tech of Haven is Great, is a Monero-based privacy network with the Colored Coins concept (envisioned by Vitalik+ in 2013).. In other words, Colored XHV means you only have XHV in the haven network, there are no other assets, and when you swap XHV to xUSD, you just 'color' XHV, so the UI perceives that as a xUSD and the colored tokens are frozen in accordance to XHV/USD. -Unfortunately, the execution was flawed and due to several vulnerabilities, the project went through Two hacks (2019 and 2021) #Algorythmic Stablecoin 0/5 The protocol Stable is somewhat Luna-like, and it (xUSD) has depegged in late 2022, and now is ~$0.13. A month ago, the team updated their Algo+Tokenomics.. but will they be able to solve this issue? Fingers crossed for Haven! Show Less