What is Privacy Mode?
A toggle in Floops that enables encrypted staking using Confidential Transfers.
Privacy Mode Explained
Privacy Mode is a feature in the Floops staking interface that lets users convert their public token balance to an encrypted confidential balance. When enabled, staking amounts are encrypted on-chain using Token-2022 Confidential Transfers. This protects users from front-running, copy-trading, and public portfolio exposure while still allowing them to earn the same yields as public stakers.
Key Characteristics
- One-click toggle in staking UI
- Converts public balance to encrypted
- Protects against front-running and copy-trading
- Same yields as public staking
Real-World Example
Toggle Privacy Mode ON before staking. Your tokens move to an encrypted pending balance, then to available confidential balance. From there, you can stake privately—only you know how much you hold.
Related Terms
Frequently Asked Questions
What does Privacy Mode mean?
A toggle in Floops that enables encrypted staking using Confidential Transfers.
How does Privacy Mode work in DeFi?
Privacy Mode is a feature in the Floops staking interface that lets users convert their public token balance to an encrypted confidential balance. When enabled, staking amounts are encrypted on-chain using Token-2022 Confidential Transfers. This protects users from front-running, copy-trading, and public portfolio exposure while still allowing them to earn the same yields as public stakers.
Can you give an example of Privacy Mode?
Toggle Privacy Mode ON before staking. Your tokens move to an encrypted pending balance, then to available confidential balance. From there, you can stake privately—only you know how much you hold.
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