The rent-free account standard for Solana. SDKs for scaling Payments, Privacy and more.
Solana
Based in Portugal
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We’re joining @helius to build the most used privacy protocol in crypto.
Helius is the leading infrastructure company on Solana, and having worked together closely in the past 2 years, we know them to be an elite team with the distribution power to make privacy go mainstream.
To our existing users: we will keep running and maintaining the ZK Compression protocol and core SDKs.
More details in our blog post: helius.dev/blog/light-protoc…
Big Solana news:
The Light Protocol team is joining Helius to help build Solana's most complete ZK privacy layer.
Private payments, markets, and finance -- at Solana scale.
Fully composable, fully onchain, fully open-source.
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The SDK is powered by the new Light Token Program under the hood, which has been audited by @Certora and @accretion_xyz.
Learn more and start integrating here: zkcompression.com/light-toke…
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To use the SDK, just swap a few function calls.
Methods are a superset of SPL-token, returning the same Account types.
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Introducing the Light Token SDK for Payments
- reduces Solana ATA fees to $0.001
- works with all SPL, including USDC, PYUSD, USDG
- new drop-in API, upgrading from spl-token takes ~5 minutes
Live on Mainnet today, use with all leading RPC providers.
Enjoy
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The light token program is live for developers on Devnet today with Mainnet coming soon.
Learn more at: zkcompression.com
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The program achieves this by sponsoring Solana‘s rent-exemption cost to allocate hot accounts and compressing inactive (cold) accounts.
Our interface SDKs make it easy to load cold accounts without trading off UX.
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Today, we're introducing the Light token program, a high-performance token standard for rent-free DeFi on @solana.
It reduces the cost of allocating onchain accounts by 200x while being more CU efficient than SPL-token on hot paths.
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ZK Compression sidetracks for the @solana cypherpunk hackathon are now open
1. use rent-free tokens or PDAs
2. submit to Superteam Germany or Portugal
3. win
sign up below
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Check it out here: zkcompression.com/
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Building with rent-free accounts on Solana just got a lot easier
we upgraded the zk compression developer docs
10+ new guides, error cheat sheet, AI search, and more
link below
enjoy!
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Solana's biggest startup competition @colosseum starts next week
for teams looking to reduce their onchain cost:
ZK Compression lets you build apps with rent-free tokens and accounts.
here are project ideas to get you started
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Congratulations to all the winners — and a huge thank you to everyone who participated!
Read the full post with links to all submissions here:
light-protocol-labs.medium.c…
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🎖️ And last but not least, the @solanafndn Prize for Best ZK Compression x Solana Pay Integration goes to CompressX by @leopham_it
github.com/HongThaiPham/ligh…
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🎖️ The @solanafndn Prize for Best ZK Compression x Proof of Participation Interface goes to Twinn (@use_twinn)
loom.com/share/bc17cdb58f8a4…
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🥉 The Fourth Prize goes to ChainSensors by @medredarahmani — an IoT data marketplace storing their data using zk compressed PDAs on Solana.
arena.colosseum.org/projects…
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🥉 The Third Prize goes to Hakata Finance (@HakataFinance) — a Perpetual Futures DEX using zk compressed tokens for their XP and leaderboard features.
arena.colosseum.org/projects…
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🥈 The Second Prize goes to LootGO (@lootgo_official) — a “Pokémon GO with crypto rewards” that uses zk compressed tokens for loot boxes.
arena.colosseum.org/projects…
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🥇 The First Prize goes to Amp Pay (@GetAmpPay)
Amp Pay is a crypto-native Venmo, using zk compressed tokens to enable gas-less onboarding and UX.
arena.colosseum.org/projects…
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