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Solana privacy layer Umbra launches confidential vesting with Streamflow targeting $97B token unlock market

The Block
Umbra and Streamflow have partnered to provide confidential token vesting on Solana to protect user privacy and prevent front-running.

Summary

Umbra and Streamflow have launched a private token vesting solution on the Solana blockchain, leveraging Arcium's encrypted execution engine. The platform allows projects to distribute tokens confidentially while retaining features like time-based locks and price-based conditions. By funneling vested tokens into Umbra's anonymity pool, the service aims to address the privacy concerns associated with the $97 billion token unlock market, mitigating risks like front-running and unwanted public exposure of financial allocations.

(Source:The Block)