Panther Protocol is releasing its codebase as open-source software, following a successful security audit conducted by Veridise, a leader in blockchain auditing.
This launch offers access to Panther’s industry-leading Zero-Knowledge technology to build DeFi solutions that meet customizable regulatory requirements and users' on-chain data privacy needs, according to the company.
The open-source code will enable developers, financial market participants, and blockchain innovators to integrate, utilize, and build upon Panther’s privacy-enhancing technology.
"Open-sourcing Panther’s audited code represents a significant milestone in our journey toward transparency and decentralization. By making our technology accessible, we invite the broader decentralized finance and Web3 community to contribute, innovate, and verify our security, ensuring Panther’s continued growth as a trusted, privacy-preserving DeFi protocol,” said Dr. Anish Mohammed, co-founder of Panther Protocol. “The goal of the project was always to build an infrastructure where compliance and confidentiality can coexist, and we would like to invite everyone to try out the solutions that have been built."
Panther's move to greater accessibility for development reflects its organizational shift towards more community-led development, as Panther’s IP has transitioned to the Panther Protocol Foundation, the company said.
Moving forward, the Foundation will oversee the protocol’s ongoing development and strategic growth, setting the stage for increased community engagement and a decentralized governance model through the Panther DAO.
Before being made publicly available, Panther’s code underwent a detailed review by Veridise. The audit included an analysis of Panther’s Zero-Knowledge circuits, and smart contracts. With the audit now complete, Panther’s codebase has been made publicly available under the LGPL3.0 and MIT License.
Panther’s open-source release supports the broader Web3 community. Web3 builders, licensed Zone Managers, and developers will be able to take advantage of Panther’s privacy-focused infrastructure and tooling to build DeFi applications that provide greater privacy and confidentiality to users.
For more information about this news, visit www.pantherprotocol.io.