VEIL

VEIL Token

Private by default. Built on Sui.

Total Supply
210,000,000
Fixed cap, no inflation
Decimals
9
Same precision as SUI
Network
Sui
Testnet deployment

What is VEIL?

VEIL is a privacy-preserving token built on the Sui blockchain. Every VEIL token exists as a zero-knowledge commitment — a cryptographic proof that hides the amount and owner while still being verifiable on-chain.

Unlike traditional tokens where balances are publicly visible, VEIL uses ZK-SNARK proofs (Groth16 over the BN254 curve) to enable fully private transfers. Senders, receivers, and amounts are hidden from everyone except the transaction participants.

All VEIL tokens are shielded as ZK commitments — users never hold transparent VEIL
The only transparent VEIL exists inside the AMM swap pool for liquidity
Acquire VEIL by swapping SUI through the constant-product AMM
Deterministic key derivation ensures funds are recoverable on any device

Token Allocation

Community & Mining Rewards40%
84,000,000 VEIL48-month linear vesting, no cliff
Ecosystem Development25%
52,500,000 VEILAdmin-minted as needed
Core Team & Contributors15%
31,500,000 VEIL12-month cliff, 36-month linear vest
Liquidity & Market Making10%
21,000,000 VEILDeposited to AMM swap pool
Sui Foundation Grant5%
10,500,000 VEILAdmin-minted as needed
Strategic Advisors5%
10,500,000 VEIL6-month cliff, 24-month linear vest

Vesting Schedule

PoolCliffVesting
CommunityNone48 months
Team12 months36 months
Advisors6 months24 months
EcosystemNoneImmediate
LiquidityNoneImmediate
FoundationNoneImmediate

Privacy Architecture

Commitments

Each note is a Poseidon hash commitment H(value, secret, blinding) stored in a Merkle tree. The value and owner are hidden but verifiable.

ZK-SNARK Proofs

Groth16 proofs over BN254 verify that you own a note and know its secret — without revealing which note or how much. Verified on-chain via sui::groth16.

Nullifiers

Each note has a unique nullifier derived from its secret. When spent, the nullifier is published on-chain. This prevents double-spending without revealing which note was consumed.

Recovery

Encrypted memos are stored in on-chain events. Your wallet signature deterministically derives the decryption key, so notes can be recovered on any device by scanning the chain.

Fee Structure

Shield
0.1%
SUI → Private SUI
Unshield
0.2%
Private SUI → SUI
Swap
0.3%
SUI ↔ VEIL AMM
Transfer
Gas only
Private → Private

Contract Addresses

All contracts are deployed on Sui Testnet. Mainnet deployment pending audit.