Multichain Architecture

Wormhole: Enabling Curvance's Multichain Strategy

Wormhole is a pivotal technology that supports the Curvance protocol's multichain approach by enabling seamless communication across EVM and non-EVM blockchains. Through Wormhole, the protocol can overcome composability and scalability limitations, allowing the Curvance protocol to operate efficiently on multiple chains.

At the core of Wormhole’s architecture is the Guardian Network, a decentralized validator network that verifies and signs cross-chain data transfers, ensuring the integrity and authenticity of each transaction. Wormhole’s Cross-chain querying and Standard Relayers streamline the process by automating data reads and transfers between chains, making it simpler and more cost-effective for developers to build multichain applications.

The Curvance protocol utilizes Wormhole’s technology to power the Multichain Fee System and Multichain Vote Escrow system, bringing greater scalability and interoperability to the Curvance ecosystem.

For an in-depth explanation of Wormhole’s technology, visit the Wormhole Docs.

Circle: Powering Curvance's Multichain Fee Distribution

The Cross-chain transfer protocol (CCTP) facilitates Curvance's multichain fee distribution system, by enabling zero slippage value transfer between EVM and non-EVM chains.

How it works

1. USDC is burned on the source chain: Using an app, a user initiates a transfer of USDC from one blockchain to another, and specifies the recipient wallet address on the destination chain. The app facilitates a burn of the specified amount of USDC on the source chain.

2. A signed attestation is fetched from Circle: Circle observes and attests to the burn event on the source chain. The app requests the attestation from Circle, which provides authorization to mint the specified amount of USDC on the destination chain.

3. USDC is minted on the destination chain: The app uses the attestation to trigger the minting of USDC. The specified amount of USDC is minted on the destination chain and sent to the recipient wallet address.

CCTP's value proposition is increased when combined with the aforementioned Wormhole tech stack. Allowing Curvance to facilitate value transfer and information transfer simultaneously between chains. Curvance utilizes CCTP to power our Multichain fee system, bringing greater scalability and interoperability to the Curvance ecosystem.

For an in-depth explanation of CCTP, visit the Circle Docs.