SHU
Ethereum
Shutter Token
# Shutter promotes base layer neutrality & information symmetry using threshold encryption.
# Primary Applications
- [Rolling Shutter](https://blog.shutter.network/announcing-rolling-shutter/) prevents malicious MEV & censorship on L1s & Ethereum L2s by encrypting transactions as they are created and then decrypting them after the transaction order in the block has been fixed.
- [Shielded Voting](https://blog.shutter.network/shutter-brings-shielded-voting-to-snapshot/) increases the fairness and integrity of votes on Snapshot and other voting platforms by encrypting all votes as they are cast and then decrypting them when the voting period has ended.
# Integrations
### Rolling Shutter
- [Gnosis Chain](https://twitter.com/gnosischain/status/1700811450174812436)
- [Optimism](https://blog.shutter.network/shutterized-opstack-testnet-announcement-and-roadmap/)
- [Mode L2](https://x.com/modenetwork/status/1757085779564609759?s=20)
- Rollup-As-A-Service Platforms
- [Espresso Systems](https://x.com/EspressoSys/status/1757415219104542893?s=20)
- [EigenLayer](https://x.com/eigenlayer/status/1755970284333437334?s=20)
### Shielded Voting
- [Snapshot](https://snapshot.mirror.xyz/yGz91njKbw-sXsnAT6RkoMzPwvuddZritz37h1OWO8o)
- Fractal
- Kleros
# Revenue Opportunity (est)
- Rolling Shutter: $50M - $4.7B per year
- Shielded Voting: $2M - $10M per year
# Past Round
In Feb 2024, Shutter DAO 0x36 sold 5,059,541.5 SHU for 202,381.66 USDC - at $0.04 per token ($40M FDV). These tokens unlock 10% on 18 March 2024 & 3.75% per month for 24 months.
# Post-LBP Liquidity
Shutter DAO 0x36 has hired [Artis](https://artis.systems/) as the post-LBP market maker. Artis will set up a DEX pool immediately after the LBP. Artis recommends using 20%+ of LBP proceeds to liquidity.
# Links
[LinkTree](https://linktr.ee/project_shutter)
