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Morphose

Fully Decentralized Protocol for Private Transactions on Binance Smart Chain

What is Morphose?

Morphose breaks the on-chain link between source and destination addresses to enable transactional privacy on Binance Smart Chain. Her smart contracts use no-relayer based architecture and non-interactive zero-knowledge proofs, also known as zk-SNARKs that require no interaction between the prover and verifier. Once a BNB deposit is withdrawn by a new address, there is absolutely no way to link the withdrawal to the deposit, ensuring complete privacy.

Karl Blossfeldt & Stanislas Chaillou

How Morphose Works?

Deposit

A user connects to Morphose app with his/her wallet and deposits BNB to Morphose smart contract to get a random key (Note) in return.

Wait

Even though it's not necessary, it is better to wait some amount of time for other people to deposit to improve privacy.

Withdraw

User connects to Morphose app with a new wallet, submits the Note and the contract transfers the funds to desired address by getting 0.75% commission (or free if user holds MORPH).

Key Features

Morphose is the first fully decentralized protocol for private transactions on Binance Smart Chain. That means her smart contracts are immutable without admins or owners, her UI lies on IPFS and she doesn't depend on third-party off-chain relayer business entities that may risk deanonymizing the user. Morphose also takes the lowest commission of 0.75%, has multiple denominations and uses lowest gas fees when compared with competitors. In addition to these, MORPH token holders can use the protocol for free and earn up to 200% APR on top of it.