We're dedicated to supporting open-source, decentralized technologies that securely & seamlessly connect Web3. We are stewards of the
@wormhole
ecosystem.
Wormhole Foundation is expanding! 💪
We're seeking top talent to join our team across 4 key roles:
✦ Product Marketing Manager
✦ Marketing Manager
✦ Head of BD
✦ Developer Evangelist
Join us in building the industry's leading cross-chain protocol:
Wormhole Foundation has received a grant of 1.8M ARB from the
@Arbitrum
DAO.
Eligible users will need to utilize
@Circle
’s CCTP via Wormhole Connect to receive rewards.
Read more. ⬇️
Wormhole Foundation is proud to introduce
@wormhole_labs
as a core contributor to
@wormholecrypto
.
The Grant will support their engineering, product, and business efforts in our mission to deliver the web of Web3.
Wormhole Foundation has received a grant of 1.8M ARB from the
@Arbitrum
DAO.
The grant will be distributed to users who transfer native USDC to Arbitrum.
Eligible users will need to utilize
@Circle
’s CCTP via Wormhole Connect.
Read more. ⬇️
The Wormhole Foundation is the steward of
@wormholecrypto
, the leading interoperability platform.
The Foundation supports teams building on top of Wormhole with grants and research. Funding multiple teams decentralizes the protocol's development.
Watch more. 🎬
Wormhole ZK ⚡️
WF is excited to announce a collaboration with
@SuccinctLabs
, a world-class ZK infrastructure team, on the development, cost reduction, and performance improvement for an
@Ethereum
ZK Light Client for
@Wormholecrypto
.
Read more. ⬇️
We are pleased to welcome
@0xKATYA
as Strategic Growth Lead at the Wormhole Foundation.
Katya worked for a number of years on protocols like Aave, Polygon and Maple Finance and is now joining us on our mission to accelerate blockchain interoperability research and development.
Wormhole ZK ⚡️
Wormhole Foundation has awarded a Contributor Grant to
@LurkLab
, a global leader in the field of zero-knowledge (ZK) technology, to contribute to bringing trustless transfers to
@wormholecrypto
with ZK proofs.
We are pleased to welcome
@WFprototypo
as Chief Security Officer at Wormhole Foundation.
David has worked on protocols, standards, security analysis, and consensus at Consensys, Uniswap, and Bitscore, and researched blockchains in space at The University of Queensland.
He also…
Wormhole ZK ⚡️
Wormhole Foundation has awarded a grant to
@ZpokenWeb3
, a collective of builders that specializes in zero knowledge (ZK) technology.
Zpoken's research will be crucial in deploying the first trustless, zero knowledge, Ethereum-to-NEAR corridor.
Read more. ⬇️
Wormhole Foundation's proposal for the Short-Term Incentive Program (STIP) Grant from the
@arbitrum
foundation has passed.
1,800,000 ARB will help drive growth of Arbitrum by rewarding users who utilize
@Circle
’s CCTP through
@wormholecrypto
to mint native USDC on Arbitrum.
Wormhole Foundation has awarded a Contributor Grant to
@_Supranational
for Wormhole ZK hardware acceleration.
This step is crucial for minimizing trust and enhancing security of the multichain ecosystem powered by
@Wormhole
.
We are thrilled to announce that
@wormholechina
has received a Contributor grant to supercharge the Wormhole ecosystem in China and the broader Asia region.
Head to the Rewards Dashboard where you can view your:
✦ Total USDC bridged
✦ Total projected rewards
✦ Amount of ARB you have earned
👉 Rewards Dashboard:
We are thrilled to officially introduce the Wormhole Foundation to the world.
Here at the Wormhole Foundation (WF), we're on a mission to empower passionate people in the research and development of blockchain interoperability technologies.
The Cross-Chain Ecosystem Fund (CCEF) operated by
@borderless_cap
has made an investment into
@movementlabsxyz
's pre-seed round!
Movement is the world’s first
#Move
virtual machine designed to be ported across various ecosystems while remaining connected via native bridging.
Introducing Movement: A Network of Modular Move Based Blockchains
Today, we launch with our pre-seed raise of $3.4M.
We're building the first community-driven
#Move
environment designed to pair EVM liquidity with Move security and parallel performance.
🧵 👇
Get started:
1️⃣ Transfer USDC to Arbitrum from any chain using the
@portalbridge_
via the CCTP router.
2️⃣ (Optional) Supply USDC on
@compoundfinance
,
@aave
, or
@beefyfinance
.
3️⃣ Claim ARB after seven days.
Here's the program dashboard. ⬇️
The program aims to bridge 100M USDC to Arbitrum by offering ARB incentives.
To qualify, users must utilize
@Circle
’s CCTP via Wormhole Connect. Users can -
✦ Mint native USDC on Arbitrum, or
✦ Bridge USDC.e to Ethereum and re-enter Arbitrum with native USDC.
Wormhole Foundation co-leads
@RobinsonBurkey
and
@DanReecer_
will join industry leaders this week at
@CFCstmoritz
🗻
They will be co-hosting a workshop on "Blockchain interoperability: fundamentals, practical use cases, and the future."
#cfcstmoritz
The WF's
@RobinsonBurkey
joined
@TaliaKaplan
on
@CNBC
to discuss
@Wormholecrypto
and the protocol's vital role in connecting the crypto ecosystem with industry-standard developer tools.
Check out the full interview here:
Incentives will accrue every 7 days for a maximum of 3 months.
They can be claimed for at least 365 days, after which unclaimed rewards will revert to the
@Arbitrum
DAO.
Note - Users need to hold USDC in the minting address for at least 7 days to be eligible for this program.
Introducing Wormhole Queries - a new primitive for app devs to quickly and inexpensively pull any on-chain data on-demand.
Queries offers sub-1 second latency and up to 84% gas fee reduction vs. push models.
This opens up brand new use cases for app developers.
More below ⬇️
We are thrilled to welcome
@maherlatif_
as the Head of Research at the Wormhole Foundation! Maher brings a deep understanding of economic and protocol design to the
@wormholecrypto
contributor network.
When it comes to DeFi, liquidity is the name of the game. With new L2s continuing to launch, this leads to liquidity fragmentation.
@PikeFinance
fixes this with a universal liquidity protocol powered by Wormhole. We're supporting their journey with a $50k co-grant with
@circle
.
We are thrilled to announce that Pike has received the first Co-Grant from
@circle
and
@wormholecrypto
!
This marks our official collaboration with these stellar teams as we build the future of native cross-chain DeFi.
Read on below to learn more!
CertiK submitted a bug bounty related to Wormhole contracts on Aptos, which has since been resolved and resulted in no impact to users. We’re thankful to the community of white-hats working tirelessly to help keep the crypto ecosystem safe. More here:
The Cross-Chain Ecosystem Fund, operated by
@borderless_cap
in support of the
@wormholecrypto
ecosystem, is thrilled to support
@Noble_xyz
in their $3.3M seed round as they lead the way in asset issuance for the
@cosmos
space.
So much terrific work has gone into continuously strengthening Wormhole security, and this is work that will never stop.
@RobinsonBurkey
explains some of our core principles (open source & decentralized technology), as well as some of the new security features recently shipped.
Wormhole contributor
@RobinsonBurkey
expanding on Wormhole security at
@solana
Breakpoint:
✶ Defense in Depth (layers of protection)
✶ New chain-based ledger for addl. cross-chain security
✶ Governor - limit on value being transferred from any chain
✶ ZK coming to Wormhole
🗓️ Mark your calendars: General Counsel at
@WormholeFdn
@_cathyyoon
will be speaking at The Bridge by
@TheTieIO
this November at the NYSE!
#TheTieBridge
.
More details to come soon 👀
To learn more about The Bridge, check out their website:
We are pleased to welcome
@_cathyyoon
as the WF's General Counsel! Cathy is an industry leader with a wealth of experience in crypto, banking, & hedge funds that will help accelerate our mission of empowering passionate people in the R&D of blockchain interoperability technology.
Check out the latest op-ed piece from the WF's
@RobinsonBurkey
on the importance of decentralization and open source code when building the connective infrastructure of Web3.
The Wormhole Foundation is co-led by
@RobinsonBurkey
and
@danreecer_
.
With almost a decade of total crypto experience and previous experiences leading startups, they embody the spirit of being stewards of Wormhole.
Watch them introduce WF themselves 👇
WF is thrilled to bring the Succinct team into Wormhole's decentralized set of contributors.
If your organization aligns with our vision, please reach out to join the collective.
Read more about
@SuccinctLabs
below. ⬇️
We recently introduced
@xLabsxyz
as the first Core Contributor to
@wormholecrypto
. Here's an inside look at the team's story, values, and mission to enable builders to create experiences that unlock a universal, open and sovereign financial system!
Featuring
@gabzim_arg
✨
The Wormhole Foundation supports contributing teams who are building and advancing the
@wormholecrypto
ecosystem. Let's meet some of the awesome people behind the scenes!
@RobinsonBurkey
@danreecer_
🌪️
Have an awesome idea for a cross-chain app but need some extra support & resources?
We're thrilled to announce the launch of the Wormhole Base Camp Accelerator, an accelerator program for startups to build cross-chain apps powered by
@wormholecrypto
!
The Wormhole Foundation is proud to introduce
@xLabsxyz
as the first Core Contributor to
@wormholecrypto
!
Learn more about their mission to empower builders to craft inspiring experiences that unlock access to a universal, open, and sovereign financial system.
1/ Today, we’re thrilled to announce that xLabs is joining
@wormholecrypto
as a Core Contributor where we'll continue our mission to empower builders to create experiences that unlock a universal, open, and sovereign financial system.
If your organization aligns with our vision, we encourage you to reach out and join our collective of contributing teams.
You can read more about Wormhole Labs at the link below. ⬇️
The Cross-Chain Ecosystem Fund (CCEF) operated by
@borderless_cap
has made an investment into
@linera_io
's seed round!
Linera is an L1 built to provide low-latency Web3 applications with unprecedented horizontal scaling.
1/ We are pleased to announce that we have raised an additional $6 MM, for a total of $12 MM in seed funding. We look forward to continuing to build towards our vision of introducing microchains and bringing unprecedented horizontal scalability to web3.
By building with Succinct’s tooling, engineers working on Wormhole replaced months of wrangling custom infras for ZKP generation with a seamless production deployment using Succinct’s platform and unified interfaces.
The Succinct team’s STARK -> SNARK wrapper compresses the STARK proofs generated by plonky2 and makes them compatible with Ethereum and other EVM chains, making verification costs significantly cheaper.
If your organization aligns with our vision, we encourage you to reach out and join our collective of contributing teams.
You can read more about
@LurkLab
at the link below. ⬇️
The Succinct team’s primitives provide SOTA STARKs for proving hash functions like SHA256 and signature schemes. SHA256 is a large bottleneck in an Ethereum ZK Light Client, so integrating these accelerators is critical for performance.
The Foundation is always looking for new teams that can build on top of Wormhole.
If your team aligns with our vision, please reach out to become a core contributor.
Read more about the Wormhole Foundation below. ⬇️
Wormhole China will focus on growing the developer community, educating and expanding the online and local community, and driving more multi-chain applications to build with Wormhole's interoperability platform.
Introducing Wormhole ZK ⚡️
ZK is the true endgame for blockchain interoperability, bringing fully trustless transfers to crypto.
Let's get into the ZK vision and roadmap⤵️
The Pike team is set to launch their public testnet next month with mainnet going live in early Q1 of 2024.
Follow them for updates:
@PikeFinance
Click the link below to learn more. ⬇️
4/ Bootcamp applications close on April 30th, and invitations will go out at the beginning of May.
Two half-day bootcamps will be offered, with an overlapping lunch for networking.
8:30am - 1pm (morning session)
12pm - 4:15pm (afternoon session)
Zpoken is an established player in the field of zero knowledge, widely recognized for their work on the NEAR ZK light client.
Zpoken's zero knowledge technology will be integrated into Wormhole's interoperability platform.
Just this week, Succinct released the Succinct Processor 1 (SP1), a 100% open-source zkVM that verifies the execution of arbitrary Rust (or any LLVM-compiled language) programs. SP1 targets a ~28x performance improvement vs. existing zkVMs for certain programs.
How are Wormhole contributors and Succinct working together?
The Succinct team is contributing to the Wormhole ecosystem to improve the performance of the Ethereum ZK Light Client and deploy it to production with the Succinct Platform.
The ARB tokens that are received will be dedicated for users in other ecosystems to:
✦ Migrate their USDC to
@arbitrum
through
@circle
's CCTP via Wormhole
✦ Mint native USDC on Arbitrum
✦ Decrease the amount of USDC.e, helping to solve the liquidity fragmentation problem
If your organization aligns with our vision, we encourage you to reach out to join our collective of contributing teams.
Connect with us by reaching out via DM or at hello[at]wormhole[dot]foundation.
The Foundation is happy to onboard the Zpoken team to Wormhole's decentralized set of contributors.
If your organization aligns with our vision, please reach out to join the collective.
Read more about
@ZpokenWeb3
below. ⬇️
3/
@asymmetric_re
will focus on elevating the Wormhole Security Contributors Group, covering areas from engineering to incident response, ensuring robust protection for the
@wormholecrypto
ecosystem.
1/
@asymmetric_re
is known for their deep expertise in securing interoperability, L1/L2s, and DeFi protocols.
As a group of cybersecurity veterans, they have already been contributing to the
@Wormholecrypto
ecosystem for multiple years.
4/ This marks a significant step towards a more secure, resilient, and interoperable infrastructure powered by
@wormholecrypto
.
Learn more about
@asymmetric_re
and their role in the Wormhole ecosystem in our recent blog post:
Prior to joining the WF, Maher spearheaded research initiatives with the Money Market team of the Federal Reserve Board and Jump Crypto. He is a Schwarzman and Fulbright scholar.
The Ethereum ZK Light Client is being developed to trustlessly verify all messages from Ethereum to other EVM chains as part of a recent push on integration of zero-knowledge proofs into the Wormhole platform.
This protocol is made possible by building an innovative system of lightweight blockchains called microchains.
By using the
@wormholecrypto
platform, these microchains will be able to communicate securely and seamlessly with the 20+ external Wormhole-supported chains.
If your organization aligns with our vision, we encourage you to reach out to join our collective of contributing teams.
Connect with us by reaching out via DM or at hello[at]wormhole[dot]foundation.
Why Succinct?
Succinct is building core ZK infrastructure, including a decentralized proving network and an open-source zkVM called SP1, so that any developer can build blockchain applications and infrastructure secured by cryptographic truth, not trust.
Participating teams will have the chance to receive mentorship or guidance from
@wormholecrypto
core contributors as well as leading builders in the industry.
Applications are open until December 29! Apply today:
2/ Their significant contributions have been pivotal in steering the platform through its evolution and scaling efforts.
@asymmetric_re
brings a wealth of knowledge and experience to
@wormholecrypto
and will continue to bolster ecosystem security.
The future of Web3 is collaborative.
The Wormhole Foundation is already supporting several external organizations, welcoming them as core contributors. These contributing teams will be introduced to the world over the coming months.
Our commitment to the ecosystem goes beyond supporting the creation of technologies.
We:
- drive innovations with our xGrants program
- nurture the next generation of cross-chain startups with a $50M fund
- build a thriving community from around the world with the Fellowship
6/ All tech developed in this collaboration will be open-sourced, including libraries that will support both AMD and Nvidia GPUs.
This broad compatibility is crucial for widespread adoption and enhanced performance across platforms.
2/ Among their notable contributions is the blst library, a high-performance solution for BLS signatures, securing over $100B in assets.
Additionally, their sppark library is pivotal in accelerating SNARKs / STARKs, which are used widely, including by the
@Filecoin
protocol.
Their protocol streamlines the ZKP development process, providing a standardized interface to integrate the latest proof systems and custom hardware for production use in ZKP-based apps. This approach accelerates development & ensures cost-effective and reliable proof generation.
We support teams building secure, open-source, and decentralized products within the
@wormholecrypto
ecosystem.
Our end-goal is to help pave the way for a decentralized internet where information can move freely and securely, everywhere.
We call this the web of Web3.
The Movement SDK offers key groundbreaking features that will revolutionize interop, native bridging, agnostic code bases, and communication between VMs.
M1, the first
#Move
-based blockchain in the Movement Ecosystem, has sub-second finality, $0.01 Gas Fees, and 160k TPS.
By using the
@wormholecrypto
platform, Movement is able to enable seamless cross-chain communication between M1 and other chains on different runtimes.
The program is being run by
@OVioHQ
, a leading global Web3 accelerator, and will begin in January 2024.
Participating teams will receive a $200K investment from
@borderless_cap
, a leading venture capital firm.
5/ A key focus of their collaboration is on light-client proofs to enable trustless transfers between major blockchain ecosystems such as
@Ethereum
and
@Cosmos
, speeding up the settlement process significantly.
1/
@_Supranational
specializes in hardware-accelerated cryptography, crucial for verifiable and confidential computing.
With years of experience across CPU, GPU, FPGA, and ASIC platforms, they're a powerhouse in cryptographic development.
3/ Expanding beyond software,
@_Supranational
also offers low-cost ZKP generation and custom ASIC design services.
Their technology is instrumental in networks like Chia, where their ASIC designs are already in production use.
4/ Today,
@_Supranational
and
@Wormhole
are joining forces to boost the efficiency and security of the Wormhole protocol through ZKP hardware acceleration, aiming to enhance cross-chain interoperability and reduce proof generation costs and time.
The bi-directional bridge will allow users to transfer all major NEAR and Ethereum-based assets without any centralized actors to verify messages.
Wormhole's trusted set of decentralized validators will continue to verify messages for corridors not yet integrated with ZK proofs.
3/ Many believe they aren’t ready or don’t have the resources to engage on the policy front.
This bootcamp will debunk that belief and provide tools for anyone to get started. Sometimes it’s as easy as starting in your own city or state.