Enabling Secure Cross-Chain Transfers to and from Polymesh with ChainPort

ChainPort.md

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+<a name="_f7lpbz1ct3vd"></a>Polymesh Association Grant Proposal
+
+**Project Name:** ChainPort
+
+**Team Name:** DcentraLab Ltd.
+
+**Payment Address:** 2GnvTsnEEm276RMuf8JnsjZKfcMDUNtmKuVHVpiPzAQ6B2zd
+
+**Level:** 3
+
+-----
+### <a name="_xk9asle1vad4"></a>**Project Overview 📄**
+**Overview**
+
+- **Project Name:** ChainPort: The Ultimate Security-Centric Cross-Chain Bridge.
+- **Project Description:** ChainPort is a live, production-ready cross-chain bridge focused on providing custodian-level security for asset transfers. Currently operational on over 30 blockchains, our platform is trusted by 130,000 users and secures $180M in TVL. We propose to integrate Polymesh into the ChainPort bridge, connecting its regulated asset ecosystem to our extensive network.
+- **Polymesh Integration:** This project will enable the secure and seamless bi-directional transfer of assets between Polymesh and the 30+ other chains in our network. This will allow tokenized securities and other regulated assets on Polymesh to access liquidity from major ecosystems like Ethereum, and for assets from other chains to be securely brought into the compliant Polymesh environment.
+- **Team Interest:** We are interested in this project because we see a critical need for secure interoperability in the regulated asset space. By bridging Polymesh, we can provide essential infrastructure that enhances its utility and connects its unique, compliance-focused ecosystem to the broader world of digital assets.
+-----
+### <a name="_l2bhv3im8cbi"></a>**Project Details**
+- **UI Components:** Our live application serves as the design basis for the integration. The UI is user-friendly and has been refined based on feedback from our 130,000+ users.[ ](https://app.chainport.io/)[**Live App:**](https://app.chainport.io/)[ https://app.chainport.io/](https://app.chainport.io/)
+- **Architecture:** ChainPort is a security-first custodial bridge. We secure assets using cold storage token vaults via **Fireblocks** and **Gnosis Safe**. Our infrastructure is built on battle-tested smart contracts that have undergone multiple third-party audits from industry leaders like Zokyo, Trail of Bits, and Certik.
+- **Technology Stack:** Our stack is chain-agnostic, enabling efficient integration with diverse blockchain architectures. For Polymesh, we will deploy our audited smart contracts to manage the secure locking, minting, and burning of assets, connecting them to our robust backend infrastructure.
+- **Prior Work (MVP):** The entire ChainPort platform is a live MVP that has been in production since 2021. It is a mature, stable, and secure product.
+- **Limitations:** ChainPort is currently a **closed-source** project for security reasons. The integration will not include Polymesh-specific features beyond the secure bridging of assets unless explicitly scoped during technical due diligence.
+-----
+### <a name="_fpmsy9d14r51"></a>**Ecosystem Fit**
+- Where and how does your project fit into the ecosystem?\
+  ChainPort will serve as a critical piece of interoperability infrastructure for the Polymesh ecosystem. It will act as a secure gateway, connecting Polymesh to the vast liquidity and user bases of over 30 other blockchains.
+- Who is your target audience?\
+  Our target audience includes token issuers on Polymesh, institutional participants, and the broader Polymesh user base who wish to move assets into or out of the ecosystem securely. We also target users from other chains who want to access the unique regulated assets available on Polymesh.
+- What need(s) does your project meet?\
+  The project meets the critical need for secure cross-chain liquidity and asset transferability for regulated digital assets. It solves the problem of ecosystem isolation, allowing Polymesh to interact with the broader Web3 landscape.
+- Are there any other projects similar to yours in the Polymesh ecosystem?\
+  To our knowledge, there are no other projects in the Polymesh ecosystem that offer the same level of security, broad chain support (30+ chains, including non-EVMs), and proven track record as ChainPort.
+- If not, are there similar projects in related ecosystems?\
+  Yes, there are many cross-chain bridges in the broader Web3 ecosystem. ChainPort differentiates itself through its uncompromising focus on security (custodian-level cold storage, multiple audits) and its extensive, established network of integrated chains.
+-----
+### <a name="_dkeq7mvrm196"></a>**Team 👥**
+**Team members**
+
+- **Team Leader:** Erez Ben Kiki (CEO)
+- **Team Members:** Eitan Lavi (CTO), Eric Lepler (Head of BD)
+
+**Contact**
+
+- **Contact Name:** Eric Lepler
+- **Contact Email:** [email protected]
+- **Website:** https://www.chainport.io/
+
+**Legal Structure**
+
+- **Registered Address:** Tel Aviv, Israel
+- **Registered Legal Entity:** DcentraLab Ltd.
+
+**Team's experience**
+
+Our team, DcentraLab, was founded in 2017 and has a deep background in building innovative and secure Web3 products. Prior to launching ChainPort in 2021, DcentraLab developed several successful platforms, including **TokensFarm** (a cross-chain farm-as-a-service), **Hord** (a liquid ETH staking platform), and **DcentraLab Diligence** (a smart contract auditing firm). This extensive experience in DeFi, security, and cross-chain technology provides our team with the specific expertise required to build and maintain a top-tier interoperability protocol.
+
+**Team Code Repos**
+
+Technical documentation is available at:
+
+- <https://docs.chainport.io/>
+
+**Team LinkedIn Profiles (if available)**
+
+- Erez Ben Kiki:[ ](https://www.linkedin.com/in/erezbk/)<https://www.linkedin.com/in/erezbk/>
+- Eitan Lavi:[ ](https://www.linkedin.com/in/eitanlavi/)<https://www.linkedin.com/in/eitanlavi/>
+- Eric Lepler:[ ](https://www.linkedin.com/in/eric-lepler/)<https://www.linkedin.com/in/eric-lepler/>
+-----
+### <a name="_kqkn7mpruezs"></a>**Development Status 📖**
+ChainPort is a fully developed, live, and mature project that has been in production since 2021. This proposal is not for building a new product from scratch but for **integrating the Polymesh blockchain into our existing, proven infrastructure**. We have a well-defined process for integrating new chains and have successfully done so with grant support from numerous other ecosystems.
+
+-----
+### <a name="_f12bsgk6oyt6"></a>**Development Roadmap 🔩**
+**Overview**
+
+- **Total Estimated Duration:** To be finalized after technical due diligence (approx. 4-6 weeks).
+- **Full-Time Equivalent (FTE):** To be finalized.
+- **Total Costs:** To be finalized after technical due diligence.
+
+**Milestone 1 — Testnet Integration & Initial Setup**
+
+- **Estimated duration:** To be finalized.
+- **FTE:** To be finalized.
+- **Costs:** To be finalized.
+
+|Number|Deliverable|Specification|
+| :- | :- | :- |
+|0a.|License|The project is closed-source for security reasons.|
+|0b.|Documentation|We will provide technical documentation for the Polymesh integration, detailing the contract addresses and bridging process.|
+|0c.|Testing Guide|We will provide a guide for the Polymesh Association to test the bridging functionality on the testnet.|
+|0d.|Docker|N/A as this is an integration into an existing SaaS platform.|
+|1\.|Feature: Testnet Deployment|Full integration of Polymesh on the ChainPort testnet, allowing for bi-directional asset transfers. This includes deployed contracts and a public testnet UI.|
+
+**Milestone 2 — Mainnet Integration & Security Review**
+
+- **Estimated duration:** To be finalized.
+- **FTE:** To be finalized.
+- **Costs:** To be finalized.
+
+|Number|Deliverable|Specification|
+| :- | :- | :- |
+|0a.|License|The project is closed-source for security reasons.|
+|0b.|Documentation|We will update the documentation with mainnet contract details and user guides.|
+|0c.|Testing Guide|We will provide a guide for testing the mainnet deployment.|
+|0d.|Docker|N/A.|
+|1\.|Feature: Mainnet Deployment|Deployment of the bridge on the Polymesh mainnet, enabling assets to be bridged from other chains *to* Polymesh. This includes a final security review of the Polymesh-specific contracts.|
+
+**Milestone 3 — Full Bi-Directional Mainnet Launch & Announcement**
+
+- **Estimated duration:** To be finalized.
+- **FTE:** To be finalized.
+- **Costs:** To be finalized.
+
+|Number|Deliverable|Specification|
+| :- | :- | :- |
+|0a.|License|The project is closed-source for security reasons.|
+|0b.|Documentation|Finalized public documentation and tutorials for using the Polymesh bridge.|
+|0c.|Testing Guide|N/A (Live product).|
+|0d.|Docker|N/A.|
+|0e.|Article|We will publish an article and social media announcements detailing the successful integration and its benefits for both the Polymesh and ChainPort communities.|
+|1\.|Feature: Full Mainnet Launch|Enable full, bi-directional bridging, allowing assets to be transferred from Polymesh to all other supported chains.|
+
+-----
+### <a name="_vahypef7828v"></a>**Future Plans**
+In the short term, we will actively promote the Polymesh integration through co-marketing efforts to drive initial usage and awareness.
+
+Our long-term plan is to solidify ChainPort as the leading secure interoperability layer for Web3, with a special focus on high-value ecosystems like Polymesh. We will continue to enhance our security features, expand our network of supported chains, and deepen our integrations to provide a seamless and secure cross-chain experience for all users, including those in the regulated asset space.
+
+-----
+### <a name="_nq2p93swb1ak"></a>**Additional Information ➕**
+- **How did you hear about the Grants Program?** Word of mouth.
+- **Previous Grants:** We have successfully received grants from many of the other blockchain ecosystems we have integrated, with Iron Fish being a recent example. This demonstrates our team's ability to deliver on grant-funded development milestones.