By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Wormhole and Nuffle Labs partner to revamp multichain restaking
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Crypto > Wormhole and Nuffle Labs partner to revamp multichain restaking
Crypto

Wormhole and Nuffle Labs partner to revamp multichain restaking

By Viral Trending Content 2 Min Read
Share
SHARE

  • Wormhole and restaking provider Nuffle Labs have partnered to bring multichain restaking to users on any chain.
  • Nuffle Labs announced the integration on Dec. 17.

Interoperability platform Wormhole and restaking provider Nuffle Labs are partnering to offer a multichain restaking solution that users can tap into to stake from any chain.

The Wormhole (W) and Nuffle Labs teams announced the integration via a news release on Dec. 17. With its unveiling, users can stake their tokens on any chain without having to go for cross-chain bridging.

Addressing liquidity fragmentation within the multi-chain staking ecosystem, the new solution leverages Wormhole’s message-passing architecture, Nuffle Labs’ NUFF Protocol and EigenLayer’s staking infrastructure.

Firat Sertgoz, the co-founder and chief technology officer of Nuffle Labs, noted via X that the collaboration with Wormhole will bring ‘x from anywhere’ restaking to the multi-chain environment. While the current economic layout across layer-1 and 3 ecosystems is still fragmented, having the capacity to natively stake on any chain from anywhere comes to the market via Nuff Protocol.

“In today’s world, economic zones (L1s/L2s/Lx) are fragmented and the assets that live in a specific economic zone cannot contribute or benefit from an application in another economic zone,” Sertgoz said.

The solution is the first to offer native cross-chain restaking and launches with initial support for Eigenlayer, a restaking protocol on Ethereum that currently boasts a total value locked of over $18.4 billion. Other top restaking protocols by TVL are Babylon, Symbiotic and Karak.

Users on the Nuff Protocol can restake tokens from any blockchain on EigenLayer, with the solution tapping into NEAR DA and Nuffle First Finality Layer. NEAR DA provides for data availability while the Nuffle Fast Finality Layer allows for multi-chain messaging.

Flow Traders, Securitize, Agora and Infinex are some of the platforms and protocols to recently integrate Wormhole’s technology.

You Might Also Like

Bitcoin ETF inflows hit $471M, highest since late February

Crypto Leaders ‘Hopeful’ On Latest Stablecoin Yield Language – Was A Solution Reached?

Bitcoin’s quantum challenges are ‘more social than technical’: Grayscale

Strategy’s Bitcoin Bet Tops $58 Billion After Latest 4,871 BTC Purchase

Onchain evidence was key to convicting 3 terrorism financiers: TRM Labs

TAGGED: Crypto, Crypto News, Markets, News, Staking
Share This Article
Facebook Twitter Copy Link
Previous Article French central bank lowers 2025 growth forecast after tumultuous year
Next Article Developer renews push to tear down fire-damaged East Colfax mansions as preservationists fight for restoration
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

Galway-based AI start-up Octostar raises €6.1m
Tech News
How the Vision Pro Rollout Inflamed Tensions at Apple
Tech News
Chelsea attempt to clean up nightmare international break with Port Vale smashing – opinion
Sports
CEOs are lining up behind the $1,000 Trump Accounts for babies
Business
Bitcoin ETF inflows hit $471M, highest since late February
Crypto
Crypto Leaders ‘Hopeful’ On Latest Stablecoin Yield Language – Was A Solution Reached?
Crypto
Starfield Animated Short Showcases the Terran Armada’s Brutal Efficiency (and Delta’s Origins)
Gaming News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Investing £5 a day could help me build a second income of £329 a month!

Brussels unveils plans for a European Degree but struggles to explain why

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
Trump evokes more anger and fear from Democrats than Biden does from Republicans, AP-NORC poll shows
March 28, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?