SHADOW-SWAP + VEIL WALLET

Complete Privacy Infrastructure for Cross-Chain DeFi

The Privacy Ecosystem: Shadow-swap (cross-chain bridge) + Veil Wallet (smart account interface)

Veil wallet GitHub: https://github.com/Mist-Labs/veilwallet-ui
Shadow-swap: https://github.com/Mist-Labs/Mantle-Protocol

THE PROBLEM

Cross-chain bridges are surveillance systems disguised as infrastructure. Every transaction exposes sender addresses, amounts, recipients, and timing patterns to the world. Users wait 10-30 minutes for confirmations while paying 0.5-2% fees, and their complete financial activity becomes permanently traceable on-chain.

Meanwhile, existing wallets force users to choose: Use standard wallets with zero privacy, or migrate entirely to siloed privacy solutions that lack critical features like transaction batching, account abstraction, and seamless public/private switching.

In an era of increasing blockchain analytics and regulatory scrutiny, financial privacy isn't a luxury—it's a necessity.

OUR SOLUTION: TWO PRODUCTS, ONE ECOSYSTEM

Shadow-swap: Privacy-Preserving Cross-Chain Bridge

The first privacy-preserving intent-based bridge combining zero-knowledge cryptography with competitive solver markets. Bridge assets in 60 seconds with complete privacy—no one can link deposits to withdrawals or trace activity across chains.

What sets us apart: While Across and UniswapX solved speed and capital efficiency, none integrated privacy-preserving cryptography. Shadow-swap fills this critical gap.

Veil Wallet: Smart Account Wallet with Dual Modes

Smart account wallet with dual public/private modes—choose transparency or privacy, transaction by transaction. Built on Account Abstraction (AA), Veil enables transaction batching, token swaps, and seamless switching between public and private transfers. All features available to all users—no premium tiers, no paywalls.

What sets us apart: First wallet to combine AA infrastructure with privacy-preserving cryptography. Users don't migrate to a new ecosystem—they add privacy as a feature to their existing DeFi workflow.

HOW THEY WORK TOGETHER

Current Integration (Launch State)

1. User opens Shadow-swap web platform

2. Connects Veil Wallet (like connecting MetaMask to any dApp)

3. Initiates private bridge transaction through Shadow-swap interface

4. Veil signs and submits the transaction with its smart account features

5. Shadow-swap's solver network processes the bridge in 60 seconds

6. User receives funds privately on destination chain

Why Use Veil with Shadow-swap?

• Transaction batching: Bundle multiple bridge transactions to save gas

• Smart account security: Social recovery, custom spending limits

• Seamless experience: Native support for privacy transactions

• Gasless bridging: Optional gas sponsorship for users

Future Integration (Q3-Q4 2025)

• Bridge functionality built directly into Veil wallet interface

• One-click private bridging without visiting separate platform

• Integrated bridge + swap workflows (bridge USDC, automatically swap to ETH privately)

• Advanced automation: Auto-bridge when gas prices drop, scheduled transfers

Today: Two products that work together (connect Veil to Shadow-swap web app)
Tomorrow: Fully integrated privacy ecosystem in one interface

KEY FEATURES

Shadow-swap

Privacy Guarantees

• Zero-knowledge-friendly Poseidon commitments hide all transaction details

• ECIES encrypted secrets, relayer-only decryption at claim time

• Nullifiers prevent double-spending without revealing history

• Flexible recipient addresses create complete unlinkability

Instant Settlement

• 60-second average bridge time vs 10-30 minutes traditional

• Competitive solver network provides immediate destination liquidity

• Users don't wait—solvers handle cross-chain settlement asynchronously

Capital Efficiency

• Solvers earn 0.1% fees on actively deployed capital (15%+ APY potential)

• No massive idle liquidity pools—market makers deploy capital when profitable

• Users pay only 0.1% vs 0.5-2% on traditional bridges

Production Infrastructure

• Rust + Solidity, industry-standard security patterns

• Event-driven architecture, automatic failover, comprehensive monitoring

• Multi-token support: ETH, WETH, USDC, USDT, MNT

Veil Wallet

Smart Account Architecture

• Built on Account Abstraction (ERC-4337)

• Transaction batching for gas efficiency

• Gasless transactions (sponsor gas for users)

• Social recovery and custom security policies

Dual-Mode Privacy

• Public mode: Standard wallet functionality, full transparency

• Private mode: Privacy-preserving transfers via Shadow-swap integration

• Seamless switching: Toggle per transaction, not per wallet

• No migration needed: Works alongside existing wallets

Built-in Token Swap (Coming Q2 2025)

• Direct token swaps within wallet interface

• Competitive 0.05% swap fees (industry standard)

• Privacy-preserving swap options

• No need to visit separate DEX platforms

Universal Access

• All features free for all users—no premium tiers

• Full ERC20 token support

• Compatible with all EVM chains (Ethereum, Mantle, Arbitrum, Optimism, Base)

• Open-source, extensible architecture

BUSINESS MODEL

Revenue Streams

Shadow-swap

• 0.1% fee on all bridge transactions

• Team-operated solver earns additional fill fees

• Future governance token (post-mainnet)

Veil Wallet

• 0.01% fee on token transfers

• 0.05% fee on token swaps (when swap feature launches)

• DApp partnership revenue share (privacy integrations)

• No user fees for basic wallet features—privacy for everyone

Unit Economics (Conservative Estimates)

Shadow-swap ($100K daily bridge volume)

• Daily revenue: $100 (0.1% bridge fees)

• Monthly: ~$3,000

• At $1M daily: ~$30K/month

Veil Wallet (10K active users, $1M daily transfer/swap volume)

• Transfer fees: $100/day (0.01% of volume)

• Swap fees: $500/day (0.05% of volume, assuming 50% swap 50% transfer)

• Monthly: ~$18,000

• Partnership revenue: ~$2,000/month

• Total: ~$20,000/month

Combined at scale ($1M daily bridge volume, $1M daily wallet volume):

• Shadow-swap: ~$30K/month

• Veil Wallet: ~$30K/month

• Total: $60K/month ($720K annual run rate)

Growth Drivers

• Network effects: More solvers → better fills → more users → higher volume

• Wallet users naturally become bridge users (integrated UX)

• Swap functionality drives daily active usage and transaction volume

• Integration partnerships with privacy-focused protocols

• Solver incentives create organic marketing

WHY NOW

Market Timing

• Cross-chain DeFi exploding: $10B+ locked in bridges

• Privacy concerns at all-time high: Crypto users being robbed, kidnapped, even killed. Blockchain analytics firms tracking and selling user data

• Intent-based architecture proven: Across ($2B+ volume), UniswapX success

• Account Abstraction gaining traction: Hundreds of wallets adopting ERC-4337

• Zero-knowledge infrastructure mature: Poseidon hashing, zk-SNARKs production-ready

Competitive Moat

• First-mover in privacy-preserving intent bridges

• Only wallet combining AA + privacy-preserving cryptography + built-in swap on EVM

• Technical complexity creates high barrier to entry

• Network effects compound: Solvers, users, integrations lock in advantage

TRACTION & VALIDATION

Current Status

• Shadow-swap: Deployed on Ethereum Sepolia + Mantle Sepolia testnets

• 50+ successful test bridges processed

• Average 60-second settlement time achieved

• Gas optimized: ~120K for fills, ~90K for claims

• Veil Wallet: Working prototype with public/private mode switching, transaction batching operational (still undergoing testings)

Recognition

• 🏆 Runner-up, Zypherpunk Hackathon (Starknet Track) - Shadow-swap

• Featured in privacy-focused crypto communities

ROADMAP

Q1 2025: Production Launch

Shadow-swap

• Security audit (Trail of Bits / OpenZeppelin)

• Mainnet deployment: Ethereum + Mantle

• Conservative $10K daily volume limits

• Onboard 10-15 professional solvers

Veil Wallet

• Public beta launch

• 1,000+ beta testers

• Core features: Public/private mode, transaction batching, social recovery

• Shadow-swap integration for seamless private bridging

Q2 2025: Scale & Expand

Shadow-swap

• Increase limits to $100K+ daily volume

• Expand to Arbitrum + Optimism (4 chains total)

• Build solver dashboard with profitability analytics

• 10,000+ successful bridges

Veil Wallet

• Token swap feature launch (0.05% fees)

• 10,000+ active users

• DApp partnership integrations (DEXs, lending protocols)

• Multi-chain support matching Shadow-swap expansion

Q3-Q4 2025: Advanced Features

Shadow-swap

• Decentralized relayer network (eliminate single point of failure)

• zk-SNARK integration for amount hiding (complete transaction privacy)

• Expand to Base + Starknet (6 chains total)

• Scale to $1M+ daily volume capacity

• 100,000+ total bridges processed

Veil Wallet

• Bridge functionality built into wallet interface

• Mobile apps (iOS + Android)

• Hardware wallet integration

• Advanced automation: DCA, limit orders, portfolio rebalancing

• 50,000+ active users

2026+: Beyond Bridges

Unified Vision

• Privacy-preserving cross-chain DeFi interactions via Veil

• Anonymous DAO voting across chains

• Confidential multi-chain treasury management

• Enterprise privacy solutions for institutions

• Veil becomes the default wallet for privacy-conscious DeFi users

TEAM

Okoli Evans | Team Lead, Backend & Web3 Developer
LinkedIn: linkedin.com/in/okoli-evans | Twitter: @OkoliEvans | GitHub: @OkoliEvans
Email: ebounce500@gmail.com

• Co-founder, KharonLabs & KharonPay (AA-enabled offramp system on Starknet)

• Contributor to ArtPeace (on-chain canvas for artists on Starknet)

• Deep expertise in cross-chain infrastructure and backend systems

• Runner-up, Resolve & Zypherpunk Hackathons (Starknet Track)

Goodness Kolapo | Fullstack & Web3 Developer
LinkedIn: linkedin.com/in/goodness-temilorun | Twitter: @goodnesskolapo | GitHub: @goodness5

• Built privacy engine.

• Full-stack expertise spanning frontend, backend, and smart contracts

• Specialized in cryptographic implementations and zero-knowledge systems

Emmanuel Omemgboji | Frontend & Web3 Developer
LinkedIn: linkedin.com/in/emmanuel-omemgboji | Twitter: @OneSignor | GitHub: @Signor1

• Co-founder, Strimz (token streaming platform for HR teams and payment automation)

• Expert in Web3 UX/UI and smart contract integration

• Product-focused developer with strong frontend engineering skills

Why This Team
We're not theorists—we're builders who've shipped production Web3 products. Between KharonPay (payments infrastructure), Strimz (streaming platform), privacy engines, and on-chain applications, we've proven we can execute complex crypto projects. Our hackathon win validates our technical approach. We're hungry, experienced, and 100% committed to making Shadow-swap + Veil the privacy standard for cross-chain DeFi.

COMPLIANCE DECLARATION

Regulatory Status: Both Shadow-swap and Veil Wallet operate as pure decentralized infrastructure, similar to Uniswap or MetaMask.

Key Points:

• ✅ Non-custodial: Users maintain complete control of assets at all times

• ✅ No custody of funds: Smart contracts hold assets only during active transactions

• ✅ Permissionless: Anyone can use the bridge, wallet, or become a solver

• ✅ No regulated assets: Does not issue securities or regulated financial instruments

• ✅ Future governance token: Potential utility/governance token planned post-launch (not a security offering)

• ✅ Privacy tools, not anonymity service: Provides cryptographic privacy (like cash), not regulatory anonymity

Privacy vs. Compliance: Shadow-swap and Veil provide cryptographic privacy for legitimate use cases. We comply with all applicable decentralized infrastructure regulations.

CONTACT

Project: Shadow-swap + Veil Wallet
Primary Contact: Okoli Evans | ebounce500@gmail.com
GitHub: https://github.com/Mist-Labs
Twitter: @OkoliEvans | @goodnesskolapo | @OneSignor

Shadow-swap + Veil: Building the privacy-first future of cross-chain DeFi