Gate News reports that on March 26, the Ethereum privacy-focused EVM L2 network Payy completed $6 million in funding, led by FirstMark Capital with participation from Robot Ventures and DBA Crypto. It is reported that Payy has officially launched. After users add the network to MetaMask, transfers become automatically private without complex operations. Payy stores all ERC-20 tokens in a native chain privacy pool; direct transfers are completed within the pool; smart contract interactions withdraw from the pool to new addresses; private transaction data is stored in an off-chain privacy vault; developers can query and configure the privacy vault through RPC URL parameters.
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