WORM: Privacy-Centric Token with Zero-Knowledge Architecture

WORM introduces a novel privacy-first token issuance framework built on Ethereum. Here's how the mechanism works: participants burn ETH to stealth addresses, then generate zero-knowledge proofs that validate the transaction without exposing personal details. These proofs unlock BETH redemption, which converts to WORM tokens on a predetermined, fully transparent schedule.

The innovation sits at the intersection of two competing demands in crypto—maintaining user privacy while preserving on-chain verifiability. By leveraging zk-proof technology, WORM ensures that token holders' identities and transaction histories remain confidential, yet every issuance remains publicly auditable. This approach addresses growing privacy concerns in Ethereum's ecosystem without sacrificing the transparency that blockchain markets depend on.

The fixed issuance schedule removes speculation around token supply, creating predictability for participants.