Private DeFi. Full DAO control. No user liquidity pools.
LaserGun is a privacy-focused DeFi protocol for anonymous, non-custodial transfers and token management. All operations are handled via zero-knowledge proofs and encrypted receipts. No registration, KYC, or liquidity farming is required. The protocol is fully open source and governed by a quadratic DAO model.
All transactions (shielding, unshielding, and transfers) are performed using zero-knowledge cryptography. Tokens are converted to anonymous receipts that only the designated recipient can redeem. No addresses or amounts are visible on-chain during private operations.
The protocol supports any ERC-20 token approved by DAO vote. No user data or registration is required at any stage. Full privacy for both sender and receiver, including transfer volume.
Tokenomics and monetization
Fixed supply: 100 million LGP tokens. No inflation or additional minting.
Distribution: 15% airdrop for privacy donors, 10% usage mining (lottery), 5% community contributors, 10% auto-LP (non-voting), 25% founder (vesting, limited voting), 35% DAO treasury (delegate controlled).
Every private action (shield/unshield/transfer) has a 0.25% protocol fee.
Fees are distributed in three phases:
Bootstrap (up to $100k TVL): 50% auto-LP (USDC/LaserGun), 35% founder (USDC), 15% DAO. No staking rewards.
All protocol liquidity is generated from fees, not user capital. No user AMM, no farming.
Founder rewards are locked, have strict vesting, and can be frozen by DAO vote (60%+ required).
Usage mining & lottery
Each week, 100,000 LGP tokens are distributed by quadratic lottery among users with positive net protocol volume. The chance to win is proportional to the square root of net volume. This rewards active users, limits dominance by large holders, and prevents wash trading.
The lottery is anonymous and non-custodial. Results are on-chain, and only genuine user activity is eligible.
Governance
DAO with two staking levels: Basic (30-day lock, 1 token = 1 vote), Power (10,000+ tokens, 180-day lock, quadratic voting, can submit proposals).
Voting cycles: 7 days total (3 days proposals, 1 day prioritization, 3 days final vote). Emergency proposals possible for critical issues.
Quorum and thresholds depend on proposal type (minimum 15%, up to 75% for critical upgrades).
Stakers must participate in votes (≥50% for Basic, ≥75% for Power) to receive full rewards.
10% of weekly staking rewards are “bet” on each vote; winners receive base reward plus share of “losing” pool.
Founder voting power capped at 10% regardless of token share.
DAO treasury managed by 5 quarterly rotating delegates (max 5% per address).
All protocol changes, fee adjustments, audits, and treasury spending require DAO approval.
FAQ
Are user funds ever pooled or farmed?
No. All protocol liquidity is generated from operational fees. Users do not provide or lock liquidity for farming or AMM pools.
Is registration or KYC required?
No. LaserGun is fully non-custodial and permissionless. Only a compatible wallet is needed.
Can protocol fees or allocations be changed?
Yes. Any allocation, reward, or parameter can be changed by DAO vote following standard governance procedure.
How are airdrops and contributor rewards managed?
Special airdrop pools and community contributor pools are distributed according to DAO votes and on-chain verification.
LaserGun
