Wormhole and Nuffle Labs Announce Native Multichain Restaking Launch

Darius Baruo  Dec 17, 2024 22:16  UTC 14:16

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Wormhole and Nuffle Labs have unveiled plans to launch a groundbreaking native multichain restaking solution, integrating with EigenLayer to allow users to stake across various chains without the necessity of bridging assets. This innovative approach is expected to preserve the native functionality of tokens while connecting users to EigenLayer’s extensive ecosystem, which comprises over 100 Actively Validated Services (AVSs), according to Wormhole.

A New Approach to Restaking

The new solution merges three pivotal protocols to tackle liquidity fragmentation in multichain staking: Wormhole’s message-passing architecture, Nuffle Labs' NUFF Protocol, and EigenLayer’s staking infrastructure. This collaboration enables assets to be restaked across chains while maintaining their native properties, thereby reducing complexity and risk for users. Additionally, it broadens access to EigenLayer’s shared security framework.

Technical Integration

Leveraging Wormhole’s message-passing capabilities and Nuffle’s NUFF Protocol, the integration facilitates native multichain restaking without asset bridging. It connects any Layer 1 or Layer 2 network to EigenLayer’s AVSs and enhances capital efficiency through rapid multichain finality, offering a seamless experience for users.

Solving Liquidity Fragmentation in Restaking

Current multichain staking solutions often result in fragmented liquidity across networks. The native restaking approach aims to unify liquidity across networks, reduce capital inefficiency from isolated staking pools, and enable seamless participation in EigenLayer’s ecosystem, regardless of asset location. This streamlined operation significantly simplifies multichain staking processes.

User Benefits

Users will benefit from simplified processes to stake assets from any supported chain, access EigenLayer’s ecosystem beyond Ethereum, and maintain native token properties across chains. The rapid multichain finality further enhances user experience, marking a significant advancement in multichain staking solutions.

Looking Ahead

This integration represents a pivotal moment for multichain staking, simplifying the user experience while maintaining robust security. Starting with EigenLayer, this solution lays the groundwork for future multichain staking implementations throughout the broader blockchain ecosystem. The testnet is scheduled for the coming months, signaling the first step toward fully native multichain staking capabilities.

About Nuffle Labs

Nuffle Labs is developing a universal marketplace that allows any asset to participate in the expanding restaking economy while remaining in its native environment. Incubated by the NEAR Foundation and Pagoda, Nuffle Labs extends restaking to all networks via the Nuff Protocol, the first universal restaking solution. This innovation allows restakers to provide security and receive rewards directly from their native chains, enhancing the rapidly growing EigenLayer ecosystem.

About Wormhole

Wormhole is a leading interoperability platform that powers multichain applications and bridges at scale. It provides developers access to liquidity and users across over 30 leading blockchain networks, enabling diverse use cases in DeFi, NFTs, and governance. Trusted by teams such as Circle and Uniswap, Wormhole has facilitated the transfer of over $40 billion through more than 1 billion cross-chain messages.



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