Veilact TOKEN PROTOCOL

Overview

$VLCT is the native protocol token of the Veilact network. It empowers transactions with zero-knowledge assurance, incentivizes user participation, and governs protocol parameter updates.

Problem

Current blockchain systems fail to provide adequate privacy for sensitive transactions. Users are forced to choose between transparency and confidentiality, exposing their identities and transaction details.

This lack of privacy leads to increased risks and potential exploitation of users’ financial data.

Architecture

Zero-Knowledge Proof Layer

Users stake $VLCT to participate in the zero-knowledge proof layer. They conduct confidential transactions, perform balance checks, and submit verifiable computations without revealing sensitive information.

• Minimum stake: 10,000 $VLCT

• Reward per transaction: 0.5-2.0 $VLCT (dynamic based on complexity)

• Slashing condition: Invalid transaction submission (-5% stake)

Privacy Assurance Mesh

The mesh aggregates zero-knowledge proofs from multiple participants and achieves consensus through cryptographic verification, ensuring privacy without relying on traditional voting mechanisms. $VLCT stakers earn fees from proof consumers.

• Aggregation threshold: 3 participant confirmations

• Fee distribution: 70% participants, 30% protocol treasury

• Verification time: <500ms average

Real-Time Privacy Monitoring

Protocols and applications consume verified proof streams by burning $VLCT per query. High-frequency users can stake $VLCT for discounted access rates.

• Cost per query: 0.001-0.01 $VLCT (based on data complexity)

• Staking discount: Up to 90% reduction for 100,000+ $VLCT stake

• Stream latency: 200-800ms

Use Cases

DeFi Protocols

Utilize verified price feeds and liquidity data without exposing transaction details. Zero-knowledge proof streams replace trust assumptions.

Cross-Chain Transactions

Validate privacy-preserving transactions across chains using cryptographic proofs instead of traditional watchers.

Regulatory Compliance

Generate secure proof trails for regulatory reporting. Every transaction remains confidential yet verifiable.

MEV Protection

Monitor and prove frontrunning and other manipulative practices in real time, ensuring fair trading conditions.

Roadmap

Phase 1: Foundation (Q2 2025)

  • • Zero-Knowledge Proof Layer testnet launch
  • • User onboarding (target: 50 initial participants)
  • • $VLCT token generation event

Phase 2: Mesh Activation (Q3 2025)

  • • Privacy Assurance Mesh mainnet deployment
  • • Multi-chain support (Ethereum, Arbitrum, Base)
  • • First protocol integrations

Phase 3: Real-Time Streaming (Q4 2025)

  • • Sub-200ms proof streaming
  • • High-frequency consumer tier launch
  • • API v2 with enhanced query capabilities

Phase 4: Protocol Maturity (2026+)

  • • Governance activation (protocol parameter control)
  • • Recursive proof aggregation (10x efficiency gains)
  • • Historical transaction reconstruction engine