You signed in with another tab or window. Reload to refresh your session.You signed out in another tab or window. Reload to refresh your session.You switched accounts on another tab or window. Reload to refresh your session.Dismiss alert
300+ in a Telegram group (we don’t leverage Telegram)
1134 Users on Discord
Short Summary
-We’re the largest blockchain for real-world financial assets with +9B in RWA TVL. The purpose-built blockchain has broad institutional adoption with names like J.P. Morgan, Apollo, Neuburger Berman, Franklin Templeton, Jeffries, 10 of the top 20 mortgage lenders etc… More than 70 financial institutions and fintechs participate in the ecosystem. There are likely to be opportunities in the future to support token bridging from lending protocols, originators, and tokenization marketplaces who are tapping into our lead in RWAs.
Why should Wormhole add this chain?
As we’re built on the Cosmos SDK, adding relayers is relatively simple and we are positioned to support the intersection between TradFi and DeFi.
With projects like Project Guardian with J.P. Morgan’s Onyx Digital Asset leveraging a Provenance Blockchain private Zone and Cosmos SDK infrastructure, there will likely be future opportunities to collaborate on connecting Zones. Projects like Axelar are already connected and see the value of working with the Provenance Blockchain Foundation.
There are likely to be opportunities in the future to support token bridging from lending protocols, originators, and tokenization marketplaces who are tapping into our lead in RWAs.
Technology and Features
We are built on Tendermint/Comet and the Cosmos SDK
We offer purpose built modules for regulated financial services
Modules like Hold, Exchange, and Markers allow asset originators to dial in regulatory requirements specific to their asset and then escrow and transact with chosen counterparties.
Native token details
100B Tokens is our max supply (fully minted)
HASH is a utility token and as such is used for gas, msg, smart contract fees, and governance
Technical requirements for running a node
None - Provenance Blockchain will emit messages to Gateway via IBC. Guardians should not have to run anything additional (except for guardians who may run IBC relayers).
Guardians won't need our network to run on their hardware, only the relayer (who needs both networks) will need to worry about running our protocol.
IBC Relaying Strategy
We will be using the same trusted IBC relayer who is handling services between Provenance Blockchain and Noble, Osmosis, and Axelar.
- Are you asking one of the Wormhole Guardians to handle IBC relaying?
They are welcome to but we are not specifically requesting this - Do you already have an IBC relaying provider who is not a Wormhole Guardian? If so, please include as much information as possible on who they are and what kind of service agreement you have with them.
Yes. We are using Interblockchain Services. They are already handling services between Provenance Blockchain and Noble, Osmosis, and Axelar.
reacted with thumbs up emoji reacted with thumbs down emoji reacted with laugh emoji reacted with hooray emoji reacted with confused emoji reacted with heart emoji reacted with rocket emoji reacted with eyes emoji
-
Website
https://provenance.io
Github
https://github.com/provenance-io
Blog
https://provenance.io/learn/
Documentation
https://developer.provenance.io/docs/
Community stats
Short Summary
-We’re the largest blockchain for real-world financial assets with +9B in RWA TVL. The purpose-built blockchain has broad institutional adoption with names like J.P. Morgan, Apollo, Neuburger Berman, Franklin Templeton, Jeffries, 10 of the top 20 mortgage lenders etc… More than 70 financial institutions and fintechs participate in the ecosystem. There are likely to be opportunities in the future to support token bridging from lending protocols, originators, and tokenization marketplaces who are tapping into our lead in RWAs.
Why should Wormhole add this chain?
Technology and Features
Native token details
Technical requirements for running a node
None - Provenance Blockchain will emit messages to Gateway via IBC. Guardians should not have to run anything additional (except for guardians who may run IBC relayers).
Guardians won't need our network to run on their hardware, only the relayer (who needs both networks) will need to worry about running our protocol.
IBC Relaying Strategy
We will be using the same trusted IBC relayer who is handling services between Provenance Blockchain and Noble, Osmosis, and Axelar.
- Are you asking one of the Wormhole Guardians to handle IBC relaying?
They are welcome to but we are not specifically requesting this
- Do you already have an IBC relaying provider who is not a Wormhole Guardian? If so, please include as much information as possible on who they are and what kind of service agreement you have with them.
Yes. We are using Interblockchain Services. They are already handling services between Provenance Blockchain and Noble, Osmosis, and Axelar.
Beta Was this translation helpful? Give feedback.
All reactions