WORM

WORM is a cryptographically scarce ERC-20 token created through the destruction of Ethereum in a privacy-preserving manner. It is minted by consuming BETH, a private proof-of-burn receipt, which is itself generated using zk-SNARKs. WORM transforms irreversible ETH burns into an economically meaningful, scarce asset without requiring changes to Ethereum’s consensus or base-layer mechanics.