Validator Approved: xLabs

1. #1DrAmandaLMartin31-01-2025source ↗
   The following Validator Application has passed for xLabs

   
   

   Dr. Amanda L. Martin
   814-359-6544

   The Linux Foundation
   

   Director of Program Management

   Github  | LinkedIn  | Calendar

   
   
   

   ---------- Forwarded message ---------
   From: DrAmandaLMartin via lists.sync.global <amartin=linuxfoundation.org@...>
   Date: Fri, Jan 24, 2025 at 1:11 PM
   Subject: [tokenomics] New Form Submission: xLabs
   To: <tokenomics@...>
   

   
   
   

   Form Submission Details

   Name of Applying Institution:
   xLabs

   
   

   URL to website of Applying Institution:
   https://xlabs.xyz/

   Short description of Applying Institution :
   At xLabs, we are core contributors to Wormhole. Our team develops and maintains essential components of it, including core smart contracts for signature verification, upcoming liquidity layers, and composable intents. We run and manage Wormhole Guardian nodes (both testnet and mainnet) and the relayer stack to ensure maximum uptime and 24/7 coverage. We build and maintain key services like Portalbridge.com, WormholeScan, and the Relayers, which are widely utilized by users across the globe. Additionally, we are the first Validator in Argentina and one of the few in South America intending to bring more infrastructure to LATAM and decentralize the Solana ecosystem. Our experience ranges from building and running dedicated infrastructure for Wormhole, the first bridge connecting the Ethereum and Solana ecosystems, to deploying more than 100 RPC Nodes across +35 blockchains, on both mainnet and testnet networks! This background equips us with extensive experience in ensuring high uptime and maintaining robust security operations.

   
   

   Please explain why applicant wants to become a validator:
   With institutional adoption of Web3 gaining momentum this year, we believe Canton Network is well positioned to benefit from it. Joining Canton allows xLabs to be more embedded into the institutional side of this industry so we can do our part to help close the gap between traditional finance and web3. Moreover, we are interested in expanding Canton's accessibility to the rest of the networks through bridge and interoperability solutions so the rest of the crypto community can tap into Canton's potential.