About the coin

Shutter is a governance token associated with a project aimed at preventing front-running and malicious Miner Extractable Value (MEV) on the Ethereum network. It employs threshold encryption to protect transactions and ensure fairness in the crypto space.

Main features

Shutter offers Shielded Trading and Shielded Voting as its primary solutions. These features are designed to protect crypto assets from sandwich attacks, which can cost victims an average of $750. By encrypting transactions before they enter the public mempool, Shutter makes MEV attacks nearly impossible. Additionally, it secures DAO votes from manipulation by large stakeholders, ensuring that votes remain encrypted until the voting period concludes.

How it works

Currently operational on the Gnosis Chain, Shutter encrypts transactions to prevent them from being exploited by bad actors. This encryption process ensures that transactions and votes are protected from manipulation, restoring fairness and equity in the crypto ecosystem. The initiative encourages users to join the movement for a more equitable system by safeguarding their assets and votes against malicious activities.