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Starknet launches Proof of Privacy incubator for DeFi teams using STRK20 privacy tokens

Protocol Fundamentals
10 Jun 2026
Crypto Briefing
View Source
Bullish
pluang ai news

The Starknet Foundation has launched an eight-week Proof of Privacy incubator for developers building privacy-focused DeFi applications on its new STRK20 zero-knowledge token framework. STRK20 enables private transfers and balance shielding for ERC-20 tokens without moving assets off-chain, using zero-knowledge proofs to hide transaction details while allowing lawful audits. The incubator targets teams with working concepts for real-world use cases like payroll and lending, offering mentorship and milestone-based funding to accelerate practical privacy tools in decentralized finance.

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