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$ETH Gate News reported that on March 26, Payy, an Ethereum privacy-focused EVM L2 network, completed a $6 million funding round led by FirstMark Capital, with participation from Robot Ventures and DBA Crypto, among others. According to reports, Payy has officially launched. After users add the network to MetaMask, transfers are automatically private without requiring complex operations. Payy stores all ERC-20 tokens through an on-chain native privacy pool; completes direct transfers within the pool; smart contract interactions withdraw from the pool to new addresses; privacy transaction data is stored in an off-chain privacy vault; developers can configure the privacy vault by querying parameters through the RPC URL.