Parsing Wormhole NTT: an open framework for any Token

Wormhole is a leader in blockchain interoperability, focused on creating resilient, future-proof decentralized systems that prioritize ownership, control, and permissionless innovation. The foundation of this vision is a commitment to technical expertise, ethical principles, and community alignment to redefine the interoperability landscape with simplicity, clarity, and a broad suite of multi-chain solutions.

With the rise of zero-knowledge proofs, scaling solutions, and feature-rich token standards, blockchains are becoming more powerful, and interoperability is becoming increasingly important. In this innovative application environment, novel governance systems and practical capabilities bring unprecedented opportunities to assets across the network. Protocol builders are now grappling with how to build resilient systems in this emerging multi-chain environment while maintaining the flexibility to evolve over time.

Wormhole Native Token Transfers (NTT) introduces an open, flexible and composable framework for transferring native tokens across blockchains while retaining their intrinsic properties. Building with NTT will enable the team to develop a cross-chain protocol with an open framework that supports the long-term evolution of the protocol. Projects built on NTT can retain control over the behavior of their tokens on each chain, including customizability, metadata, and ownership/upgradeability, allowing them to integrate with any type of token standard or governance system.

The framework supports two deployment modes: one is the "Locking" mode, which can retain the original Token supply on a single chain and realize cross-chain transfer; the other is "Burning" mode, which can distribute and supply native multi-chain Tokens on multiple chains.

NTT is providing native multi-chain Token support for industry-leading projects such as Lido, ether.fi, Puffer Finance, PIKE and Wormhole.

Key features of native token transfer

NTT allows protocols to seamlessly transfer tokens between blockchains through a single process, which can attract more users , reduce liquidity fragmentation and benefit from the unique features of each chain.

• Uniform multi-chain user experience: Token maintains its inherent properties on each chain, resulting in a true and standardized multi-chain Token.
• No Liquidity Pool: Users can transfer Tokens without LP fees, slippage or MEV risk.
• Integrator flexibility: Projects built with NTT retain ownership of their tokens, upgrade permissions, and customizability. NTT can be integrated with any Token contract or standard and any protocol governance process.
• Broad composability: NTT is an open source, extensible token transfer standard designed to be widely adopted by the interoperability ecosystem. Projects can use the NTT framework to build unique custom features.
• Custom Token Deployments: NTT is designed to support a variety of Token deployments, with custom validators and flexible attestations to meet unique requirements.
• Defense in depth: Configurable inbound and outbound rate limits for each chain. Use Wormhole Guardians to enforce Global Accounting Integrity Checks to ensure that the number of Tokens transferred out of the chain is not greater than the number of Tokens transferred in.

Open framework for any Token

Leverage a flexible token transfer framework to meet the unique needs of your project. Whether it is through the multi-chain "destroy" mode, destroying the native Token on the source chain and minting new Tokens on the target chain, or using the "Lock" mode to lock the existing Token on the source chain and mint new Tokens on the target chain. Custom Token, NTT is designed to adapt to different Token deployment methods. If your project has unique needs, NTT will provide support and customized services to ensure you can move to a multi-chain environment safely and effectively.

Secure cross-chain transfer

NTT is powered by the tested security and efficiency of Wormhole.

• Wormhole Messaging: Leverage the leading interoperability protocol that has securely sent over 1 billion cross-chain messages to grow your project quickly and securely.
• Security Features: Native token transfer implements advanced security features such as access control, suspension, configurable rate limits, and global balance accounting integrity checker.
• Custom attestation: For protocols that require additional security, NTT in addition to Wormhole Guardians also supports adding custom message verification and configuring message attestation thresholds between validators (validators) .

Start using native token transfer

Wormhole NTT provides a seamless and secure native token for cross-blockchains A new interoperable framework - retaining Token characteristics and solving the problem of liquidity fragmentation. By providing complete control over token behavior, extensive composability, and powerful security features, NTT empowers projects to enhance their multi-chain functionality and user experience. Start using NTT today and realize the full multi-chain potential of your project.

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