✨How do you use it?
The user journey is designed to be straightforward while maximizing privacy.
Step 1: Choose Deposit Amount
Users can select from a predefined set of SOL deposit amounts: 0.5, 1, 2, 5, or 10 SOL. It is recommended to choose pools with higher total balances and more recent activity to blend in with a larger "anonymity set."
Step 2: Securely Save the Secret Code
Upon selecting a deposit amount, a unique secret code is generated. This code is critical for the withdrawal process. Users must save this code securely, as it is impossible to recover the deposited funds without it.
Step 3: Deposit
The user confirms the deposit, and the SOL is transferred to the Bonknado Cash smart contract. For optimal privacy, it is advisable to wait for a period before proceeding to the withdrawal step.
Step 4: Prepare for Withdrawal
The user navigates to the "Withdraw" section and pastes their secret code. They also specify a new, unused Solana address as the recipient.
Step 5: Execute the Withdrawal
For maximum privacy, users should use a brand-new wallet address for withdrawals. Bonknado Cash offers two methods for submitting the withdrawal transaction:
Relayer: Users can opt to have a third-party "relayer" submit the withdrawal transaction on their behalf. This is the recommended approach for maximum privacy, as it avoids any on-chain link between the user's existing wallet and the new withdrawal address. The relayer is compensated with a small fee deducted from the withdrawal amount.
Self-Sign: Alternatively, users can sign and submit the transaction themselves using their currently connected wallet. This option requires the wallet to have a small amount of SOL to cover the transaction fees.
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