I’m starting to get really excited about @RAILGUN_Project tbh

For those who don’t know Railgun, it uses zk-SNARKs to hide your address information when doing anything onchain. You basically get full Zcash level privacy on Ethereum

Why should you care?

Kohaku will enable Railgun by default on every EVM wallet with a simple toggle. That’s huge, because right now it’s still a pretty cypherpunk app that’s hard to use

This is going to expand the TAM really fast.

Rn Railgun is doing 1.8B in volume per year for around 4.5M in revenue

This year, Ethereum alone did about 1.5T in stablecoin volume, if only 1% of that goes private, that’s 150B in volume for Railgun, meaning $300M plus per year

Of course this is pure moon math, but it shows how big this can get. And I didn’t even include DEX volume here, only stablecoin transfers.

And all of this flows directly to the token with :
52% to RAIL holders
48% to the DAO
and 72% of tokens already staked

Idk guys, this should trade way higher. Maybe no one really gets it yet