Typhoon aims to support majorly used tokens on Binance Smart Chain. At the time of writing, Typhoon supports transactions for BNB, BUSD, and TYPH - Typhoons own token.
What will the TYPH token be used for?
TYPH will be positioned at the center of the service for most future feature developments. In the future, TYPH will be used to enable extra functionality on Typhoon for power-users (such as lower fees), but will also enable community participation to shape future development and direction through governance, and allow extending the network by operating private relayer nodes.
What is Typhoon
Typhoon Network is the #1 app for private transactions on Binance Smart Chain.
It does this by utilizing zkSNARK-based cryptography to remove the on-chain connection between deposits and withdrawals. By using Typhoon to transfer funds, it is no longer possible to determine who sent the transaction in the first place, thus providing anonymity and privacy ontop of an otherwise public blockchain.