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    <title>Research on Post Fiat</title>
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    <description>Recent content in Research on Post Fiat</description>
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      <title>Post Fiat</title>
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      <title>Heavy ZK: Circuit Anatomy and Prover Optimization for Shielded NAVCoin Swaps</title>
      <link>https://postfiat.org/research/heavy-zk-optimization-v2/</link>
      <pubDate>Sat, 20 Jun 2026 00:00:00 +0000</pubDate>
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      <description>A grounded technical look at the devnet-proven, code-reviewed Halo2 circuit behind Post Fiat&amp;rsquo;s shielded NAVCoin swaps: every major constraint, the measured CPU prover bottleneck, the K=15/key-cache optimization sprint, and the remaining path to GPU-accelerated proving.</description>
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      <title>Private NAV Subscriptions and OTC Swaps: Shielded NAVCoin Settlement on Post Fiat</title>
      <link>https://postfiat.org/research/private-nav-otc-swaps/</link>
      <pubDate>Thu, 18 Jun 2026 00:00:00 +0000</pubDate>
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      <description>A design for using Post Fiat to support private primary NAV subscriptions that add source-labeled USDC to NAVCoin reserves without walking a thin AMM book, plus private secondary OTC swaps for existing holders. The core claim is that TVL formation improves when issuance, reserve receipts, NAV policy, and shielded settlement are co-located; the hard boundaries are USDC provenance, mint escrow enforcement, credential governance, replayability, privacy budgets, and secondary liquidity.</description>
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