From 6ca8b4da44fc0588480cf4588c82ba7bd3de0d1a Mon Sep 17 00:00:00 2001 From: Johnny <johnnyxft@offshift.io> Date: Mon, 30 May 2022 10:10:25 +0000 Subject: [PATCH] Update Offshift Ecosystem Whitepaper.md --- Offshift Ecosystem Whitepaper.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/Offshift Ecosystem Whitepaper.md b/Offshift Ecosystem Whitepaper.md index adb2b7d..c14c016 100644 --- a/Offshift Ecosystem Whitepaper.md +++ b/Offshift Ecosystem Whitepaper.md @@ -84,7 +84,7 @@ In the mission to produce a robust, private DeFi platform, development teams are # III. PriFi and the PriFi Standard -Since its explosion in 2020, the DeFi umbrella has expanded convincingly over the landscape of cryptocurrency, attracting investors and enthusiasts whose preferences speak for themselves: **the systemic benefits of privacy and decentralization are undeniable, but the immediate, individual benefits of yield generation are irresistable.** In the current of ever-expanding trade-offs that individuals must forfeit in order to retain privacy, DeFi yields have finally tipped the scales in favor of public exposure. Nonetheless, there remains substantial, untapped demand in Ethereum’s DeFi ecosystem for an ecosystem that eliminates the financial trad-eoffs between privacy and DeFi. +Since its explosion in 2020, the DeFi umbrella has expanded convincingly over the landscape of cryptocurrency, attracting investors and enthusiasts whose preferences speak for themselves: **the systemic benefits of privacy and decentralization are undeniable, but the immediate, individual benefits of yield generation are irresistable.** In the current of ever-expanding trade-offs that individuals must forfeit in order to retain privacy, DeFi yields have finally tipped the scales in favor of public exposure. Nonetheless, there remains substantial, untapped demand in Ethereum’s DeFi ecosystem for an ecosystem that eliminates the financial trade-offs between privacy and DeFi. In the remainder of this paper, we define the Offshift Ecosystem and its native applications as composing an emergent sector called PriFi (Private Decentralized Finance). To earn the PriFi classification, applications and the synthetic assets they generate must adhere to the PriFi Standard by: -- GitLab