JOJO Exchange Implements ZK Proof for Fund Rate Calculation Using Brevis' ZK Coprocessor Technology

According to Foresight News, JOJO Exchange, a perpetual contract exchange developed by DODO co-founder Radar Bear, has implemented ZK proof for fund rate calculations. This has been achieved through the use of Brevis' ZK Coprocessor technology. JOJO Exchange has created ZK proof based on chain-permanent transactions and spot price Oracle data using Brevis' SDK. This allows for the accurate calculation of fund interest rates. The proof is then verified on-chain and used to adjust the fund rates for JOJO users. This development marks a significant step in the use of ZK proof technology in the financial sector, particularly in the area of fund rate calculations. It demonstrates the potential of such technology to enhance accuracy and efficiency in financial transactions and operations.