Koan is now Annular: the team has grown and so has the mission. The name alludes to the eclipse: transparency and confidentiality as two sides of the same instrument. Here's where things stand:
The core is a single interface across chains: send, swap, bridge, govern, and shield from one console, all anchored to a verifiable universal world state any chain can read.
Bitcoin, Zcash, Ethereum, and Solana, in chain-native address formats. Wrapped assets backed by natively held reserves with no custodial intermediary and no per-chain wallet overhead.
Underneath is a shared confidentiality pool. Every deposit deepens the same anonymity set: the more participants, the stronger the guarantee. Every settlement settles confidentially.
The mobile app is the other door into that pool, built for confidential payments between parties. Pay by name, ENS, or address, with amount and counterparty relationship kept off the public ledger. The same pool the treasury uses, scaled for a phone.
Threshold consensus. Universal world state. Confidential settlement. That's the essence of our work.
Everything from here is @annulario: visit https://t.co/WSzsroPD0x for the full architecture.
π SOLANA SUMMIT KAZAKHSTAN π
For the first time, Solana Summit comes to Central Asia & the CIS - bringing Internet Capital Markets into one room.
May 22. Almaty.
Registration is now live β
We are the Ultramarines, the sons of Guilliman. Whilst we draw breath, we stand. Whilst we stand, we fight. Whilst we fight, we prevail. Nothing shall stay our wrath.
Introducing the Prop AMM Challenge, the next mechanism design contest from me and @bqbrady
π£ Built on the Solana VM
π Allows arbitrary price curves, not just constant product
ποΈ Wider range of market conditions and assets
Link in thread π