<?xml version="1.0" encoding="UTF-8"?><oembed><type>video</type><version>1.0</version><html>&lt;iframe src=&quot;https://www.loom.com/embed/311e5eecb40f4772805fe23adfe9b41b&quot; frameborder=&quot;0&quot; width=&quot;1152&quot; height=&quot;864&quot; webkitallowfullscreen mozallowfullscreen allowfullscreen&gt;&lt;/iframe&gt;</html><height>864</height><width>1152</width><provider_name>Loom</provider_name><provider_url>https://www.loom.com</provider_url><thumbnail_height>864</thumbnail_height><thumbnail_width>1152</thumbnail_width><thumbnail_url>https://cdn.loom.com/sessions/thumbnails/311e5eecb40f4772805fe23adfe9b41b-00001.gif</thumbnail_url><duration>422.46</duration><title>Sonobound: A Privacy-Preserving DeFi Protocol 🤫</title><description>Good morning from Prague! Our team at Eve Prague has been hacking on a privacy-preserving DeFi protocol called Sonobound. We identified that fund managers and institutional players in the space do not want to disclose their asset positions or portfolios when interacting with other DeFi protocols. So, we built Sonobound, which allows you to interact with DeFi protocols without revealing your holdings or strategies. The only thing that will be public is an NFT giving you access to the underlying assets we are protecting. We faced challenges with the ZK part during our hack, but we&apos;re excited to dive into our product and walk you through the basic steps. With Sonobound, you can generate collateral with an NFT, shield your assets, and mint an NFT against it, which allows you to claim or trade NFT that gives you access to the assets to redeem them afterwards or to play around as you wish.</description></oembed>