@Dusk
The DuskEVM mainnet is now live. This means that DuskEVM has Solidity compatibility. DuskEVM is a Layer 1 that is designed with privacy in mind which's really important for DeFi that has to follow rules.
Builders can use the contracts they are used to from Ethereum. They can also use the privacy features that DuskEVM has, which are powered by zero-knowledge cryptography. This is a combination because it lets developers make applications that keep user data safe. At the time these applications can still be audited and comply with the rules that are always changing.
For teams that work on DeFi and platforms that deal with real-world assets this is a deal. It means they can develop things faster. It will cost them less to move to DuskEVM. It also gives them a way to get adopted by big institutions. DuskEVM. Its features are really important for DeFi and regulated DeFi. DuskEVM is all, about privacy and security which's what people need for DeFi. By unifying EVM tooling with confidential settlement DuskEVM opens the door to a new generation of privacy-aware financial applications that do not compromise on performance or compliance
