Sigil Finance (SIGIL)
Key data
updated $0Sigil Finance (SIGIL) is a decentralized finance (DeFi) platform focused on privacy-preserving transactions and smart contracts. The SIGIL token powers its ecosystem, enabling anonymous swaps and governance. It combines zero-knowledge proofs with blockchain to enhance user confidentiality.
Frequently asked questions
What makes Sigil Finance different from other privacy coins?
Unlike standalone privacy coins, Sigil integrates zk-SNARKs directly into DeFi tools like anonymous liquidity pools and private yield farming. Its smart contracts hide transaction amounts and participant addresses.
How does Sigil's privacy technology work?
It uses zero-knowledge proofs to validate transactions without revealing sensitive data. The network mixes transactions and splits them into untraceable fragments before final settlement.
Is there a max supply for SIGIL tokens?
Yes, SIGIL has a fixed capped supply with emissions tied to privacy staking rewards. New tokens are minted gradually via governance-approved vaults until hitting the hard cap.
How do I store and use SIGIL securely?
Use wallets supporting zk-addresses (like the official Sigil Wallet) for full privacy features. For basic holding, any ERC-20 compatible wallet works, but with reduced anonymity.