$VEIL is now open source. ◼◼◼ → 👁
Private money should be verify-don't-trust — so we opened the whole thing: vUSD mint, shielded transfers, commitments, nullifiers, encrypted notes. Every line, public.
https://t.co/e0xiRd5mXg
Audit the privacy yourself.
9nX5Wd82J6VmTvEgq47XrbJucoWRFgGDEEkp526Qpump
Next step: vUSD goes on-chain. ⬛
Phase 1 puts the dollar on Solana devnet — a real Anchor program that:
◈ takes USDC collateral
◈ reads the Pyth price
◈ mints & redeems vUSD, pegged $1
No custodian. The program owns the mint, and every line is verifiable.
the road to mainnet → https://t.co/GSNxNlbxR6
The road to mainnet. ⬛
✓ Phase 0 — live demo + $VEIL
● Phase 1 — vUSD on devnet (mint / redeem + oracle)
→ Phase 2 — peg automation
→ Phase 3 — ZK privacy
★ Mainnet — audited & live
the hard part is already built. the veil lifts soon.
https://t.co/NEdwBs85bs
@mr_pschmitt@CryptoExpert101 Apologies. I figured locking 2% of the supply, paying the cost of DEX, and building the actual product was of higher priority. But for your satisfaction we now have a blue checkmark!
Privacy money isn't a maybe — it's a proven multi-billion-dollar market. Monero alone has held a ~$9B market cap.
The catch: it's slow, on its own chain, and volatile.
VEIL takes what makes it valuable — real privacy — and makes it a stable dollar on Solana.
LUNA hit a ~$40B market cap. Then it minted itself to zero. 💀
VEIL fixed what killed it:
◈ fixed-supply $VEIL — no infinite mint, no death spiral
◈ real collateral, not pure-algo
◈ and it's private — balances & transfers shielded
$15K. early. https://t.co/NEdwBs85bs
How VEIL works ⬛
Two tokens, one protocol:
◈ $VEIL — the token you buy & trade. Governance + fees.
◈ vUSD — a $1 stablecoin the protocol mints itself, held & sent privately.
$VEIL is the share. vUSD is the private dollar.
https://t.co/NEdwBs85bs
Meet VEIL — private dollars on Solana. ⬛
① Mint vUSD — a $1 stablecoin
② Shield it — your balance goes ████, encrypted only to you
③ Send it — amount + both parties hidden on-chain
Hold. Shield. Send. $VEIL soon.
https://t.co/NEdwBs85bs
Something private is coming to Solana. ⬛
VEIL — vUSD, a stablecoin you hold and send where the amount and both parties are ████ redacted on-chain.
Public when you want it. Classified when you don't.
$VEIL · https://t.co/NEdwBs85bs
what a VEIL transfer looks like on-chain: ⬛
FROM ████
TO ████
AMOUNT ████
the ledger sees only a nullifier + a commitment. sender, receiver & amount — hidden.
private dollars on Solana. $VEIL · https://t.co/NEdwBs85bs
Introducing VEIL ⬛
Private dollars on Solana.
vUSD — a stablecoin you can hold and send privately. Shield it, and the amount + both parties are ████ redacted on-chain. Public when you want it, classified when you don't.
https://t.co/NEdwBs85bs