Daimo
@daimo_eth
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Your own bank, on ethereum. Grantee @ethereum , @optimism
Global
Joined June 2023
Don't wanna be here?
Send us removal request.
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Our heroes in this space trust us to advance the plot. We're very grateful. To everyone below & more… thank you!
We'll stay lean and ship even faster ⚡️
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We just shipped Daimo 1.5 🚀
Pay anyone in your contacts. Automatic invite. Instant onboarding.
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UX so smooth Paradigm thinks it's sponsored by coinbase 🫡
We’re a very small team & running the paymaster ourselves — on GitHub, GPLv3 and you can see it on-chain.
cb pays 20-40 cents per tx for your free daimo txs btw
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1/n We’re excited to share P256Verifier: the first audited, production-ready P256 signature verifier on-chain.
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Happy New Year! We’re Daimo, and we’re here to help make ethereum real. Fast transactions, polished products for real-world use, freedom through cryptography.
Here's what we've shipped so far:
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NEW TODAY: profile pics, Mac app, invite tab.
100% open source. Your keys, your coins, worldwide.
Always Be Shipping 🚢
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We applied for Optimism's RetroPGF for our P-256 verifier contract.
Ours is the first (& so far only) audited secp256r1 verifier. It lets anyone use passkeys and device keys onchain. And like our app, it's all open source.
Check it out below.
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Have USDC in another wallet already?
@RelayProtocol
now makes it 1-click to bridge it to your Daimo account.
10cents, 10seconds, cross-chain
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Huge thanks to
@Optimism
& everyone who voted for us!
We're committed to open source: our app, passkey verifier contract (P256Verifier), bundle compression and more coming soon.
The mission is polished products + Ethereum values. Global, interoperable, 100% in user control.
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We had a great time at Real World Ethereum SF.
Thanks to everyone who made it, and especially our speakers!
We've uploaded selected talks below. 👇
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We just paid our first bug bounty.
Funds are safe. Daimo users unaffected!
But a good defense-in-depth catch for the future. Great find, 2478884.eth
🧵1/4
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Our friends at Signature Singularity Residency pay each other on Daimo, the best way to pay internationally 💸
@PrivacyScaling
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⚡️ Friday Ship Day ⚡️
A clean receipt for any ethereum transfer.
Before and after, same transaction! Extensible and open source.
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Our most-requested feature is live 💌
Always be shipping.
Download link in bio ⬆️
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1/n Stablecoins are quietly emerging as crypto's most significant real-world win.
At
@EFDevconnect
in Istanbul, we went on an adventure uncovering how stablecoins are transforming many crypto users into cypherpunks already.
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Daimo does that. Turn the Secure Enclave in your Mac into a hardware wallet:
smart wallet final form: signing transactions with your fingerprint
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ICYMI, our P256Verifier now lives at the address pointed by p256.eth on all chains. Check out for more!
Oh, that's so cool to see the first audited P256 signature verifier: . The secp256r1 elliptic curve, aka P256, is used by high-quality consumer enclaves including Yubikey, Apple's Secure Enclave, the Android Keystore, and WebAuthn.
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Payments are just the mvp.
Looking for a cracked first-hire product or backend engineer.
Join us:
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One more thing...
We’ve raised $2m from a truly stacked set of individual investors.
We’re very grateful. Our heroes in this space trust us to advance the plot.
To everyone below & more… thank you ⚡️
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As always: open source. Your keys, your coins. Contacts used for local search only, on your phone, never uploaded.
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3. Bundle compression.
4337 is the future. L2 is the future. However, 4337-on-L2 was too expensive.
We found a nice, general way make it efficient—in our case, even cheaper than a plain EOA transfer!
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At Devconnect? Get a Daimo invite with your ticket:
We’re also giving talks tomorrow:
-
@dcposch
will be talking about address standards at
@walletuncon
-
@nibnalin
will be talking about secure self custody wallets at ProgCrypto
@0xPARC
@PrivacyScaling
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2. The first audited, open source P256 verifier contract:
This lets anyone ship passkey and device key wallets. Safer, easier to secure than a paper seed phrase.
This is completely noncustodial, verified on chain:
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We're looking for our first engineering hire. Required: craftsmanship and a passion for liberatory cryptography. Help us make Ethereum real.
In-person San Francisco. High ownership. DM Github.
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"Your keys, your coins" works worldwide.
Thanks
@VitalikButerin
and
@adietrichs
for the shoutouts in Korea and Kenya ⚡️
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Daimo has launched our Bug Bounty Program on
@immunefi
Help us secure Daimo and the ERC-4337 ecosystem more broadly. Rewards up to $15k.
New Launch! 😎
@daimo_eth
is an ERC-4337 wallet on Ethereum. Daimo is used to send and receive stablecoin payments.
Find bugs - get $15,000!
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We are just getting started and have a very exciting year ahead.
DM us if you’re interested in real-world ethereum, especially if you might be in SF late January… more coming soon.
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1. Our flagship stablecoin payments app. Like Venmo or Revolut, but global, your own keys, GPLv3:
Will be open to all soon. Till then, DM if you’d like an invite code.
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Delayed demo Friday Daimo Ship Day 🚢
Request memos. Attach roast, get paid back.
As always, your keys, your coins, global & open source.
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Check out our new Mac app. Secure Enclave self-custody, native TouchID, now on desktop.
DM for invite 📩
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Friday ship day!
💅 New brand from
@michelle__chiu
⚡️ Deposit from Ramp. no coinbase = no problem
& as always--open source, native security, your keys, your coins.
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Onboard your friends to Ethereum with Daimo's new Invite tab ✨
Instant onboarding to the safest, fastest way to transact.
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9/9 If difficult missions like this excite you, we welcome PRs to our GitHub and we’re hiring, reach out:
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We're using Shovel at Daimo to great effect.
It's the cleanest, fastest way we've found to stream contract events into a database.
Thrilled to announce Shovel 1.0!
Since the beta release in Nov 2023 we found and fixed the major bugs, tuned the performance, and added a few small nice-to-haves.
The 1.0 release is a nice stamp on a maturing code base and indicates its production readiness for Ethereum
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Our mission is to build the most trustworthy self-custody.
We're working in the open to advance the Ethereum ecosystem.
We shipped the first (and so far only!) audited passkey/secp256r1 verifier:
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@RenaudDUBOIS10
@_Supranational
8/8 We’re looking forward to seeing how people use this verifier. Share your ideas for use cases here or reach out to us!
See you on Ethereum.
1/n We’re excited to share P256Verifier: the first audited, production-ready P256 signature verifier on-chain.
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We're here to give people the freedom of "your keys, your coins".
Help us get there. Our bug bounty remains live. Up to $15k reward, will increase over time. /end
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✨Improved bridging options
Swap and bridge coins from any chain into USDC in your Daimo account with
@RelayProtocol
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6/n Looking forward, P256Verifier is also compatible with EIP-7212. With our idea of progressive precompiles, this enables smooth transition to a precompile performing P256 signature verification in future.
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2/n Check out our trip report:
Ethereum's made tremendous progress, but much of it is hidden behind speculation.
Meanwhile, stablecoins are having an outsized impact on the developing worde. They're a key ingredient of Real World Ethereum.
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4/n Over the last few months, there has been a lot of excitement around bringing P256 verification on-chain. Between ZK-SNARKs, smart contracts and precompiles, different teams have been trying different approaches.
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7/n Our blog post also describes under-the-hood tricks used in the verifier for gas efficiency. Shoutout to
@RenaudDUBOIS10
and
@_Supranational
whose implementations significantly inspired ours.
Our implementation is open source on Github:
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3/n P256 signatures are supported by a wide range of consumer devices, including modern phone hardware enclaves, Yubikey, Webauthn, passkeys etc.
With P256 signatures, we can make much better Ethereum wallets: smoother onboarding, safer and easier self-custody, no seed phrases.
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5/n With P256Verifier, we take the smart contract verifier approach. Today, P256Verifier is one of the most gas efficient and secure verifiers. Costs just 330k gas to verify a signature. No off-chain preprocessing necessary.
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8/n Real World Ethereum will take sustained effort to percolate at the technical, the application and the social layer.
With Daimo, we hope to package the liberatory potential of cryptography into a polished product anyone can use.
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7/n Onboarding a crypto shop to Daimo, we got peppered with questions about keys and fees: "How do I pay fees without ETH?", "Where's my seed phrase?"
These aren't just about Daimo, but about the future of the Real World Ethereum coming with account abstraction and rollups.
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2/n Check out our blog post here and get started using it today:
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6/n Ethereum has made tremendous progress, but that progress has long been hidden behind speculative and toy use cases.
Between rollups, 4844 and contract wallets, Ethereum is about to offer a cheaper, better and more sound alternative.
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4/n Stablecoins are popular in places with weak or coercive banking systems.
Two Chinese women told us about the underground scene there: people VPNing to Binance P2P, exchanging for USDT for freedom to travel internationally.
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We agree 🫡
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5/n It's not that these users don't understand the security risks of Tron. There's just no viable alternatives, and Tron has deep-rooted network effects already.
We got the same answers repeatedly:
"Most people in crypto I know use USDT / Tron"
"Tron has low fees"
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In short: ERC-1271 signatures should be unique even if two accounts share a signing key.
This never happens in our app, but the contract is open source (GPL) and *other* apps could potentially use our contracts this way.
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3/n Everyone Wants Dollars
The first exchange shop we visited had two logos out front: Bitcoin and Tether. But Bitcoin just served as a flag for crypto. No one used it in practice.
The owner explained that most customers were foreigners exchanging USD cash to USDT on Tron.
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@stefan_opara
@timokonkwo_
@phargyte
@cruxe_io
@bolutifeawakan
@ArthurDes1gn
@Ukkometa
@Bryan_Spencer_
@Starr_gael
This looks fantastic, thank you!
We're a bit early for a motion designer right now, but when we're ready you'll be at the top of our list.
In meantime, check DM...
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