| Job Position | Company | Posted | Location | Salary | Tags |
|---|---|---|---|---|---|
Compound Labs | San Francisco, CA, United States | $72k - $75k | |||
Binance | Canada |
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thirdweb | San Francisco, CA, United States | $72k - $100k | |||
Matter Labs | London, United Kingdom | $63k - $75k | |||
| Learn job-ready web3 skills on your schedule with 1-on-1 support & get a job, or your money back. | | by Metana Bootcamp Info | |||
Art Blocks Inc. | United States | $72k - $90k | |||
Art Blocks | Remote | $72k - $90k | |||
Stellar Development Foundation | San Francisco, CA, United States | $165k - $205k | |||
Monad Labs | New York, NY, United States | $150k - $200k | |||
Seedify | Remote | $72k - $75k | |||
| | Singapore, Singapore | $72k - $168k | |||
| | Singapore, Singapore | $72k - $168k | |||
Compound | United States | $72k - $75k | |||
Windranger Labs | Singapore, Singapore | $84k - $90k | |||
Matter Labs | London, United Kingdom | $74k - $80k | |||
Matter Labs | London, United Kingdom | $54k - $72k |
The majority of cryptocurrencies sit idle on exchanges and in wallets, without yielding interest. A greater number of assets are stuck in an old financial system and don’t have a path to being onchain. We're on a mission to change that.
At Compound Labs we develop protocols, governance systems, developer tools, and financial products to enable the future of finance. Most notably Compound Labs developed the Compound Protocol, a multi-chain interest rate protocol based on the Ethereum blockchain, that lets developers create new financial applications that are global, safe, and open. The Compound Protocol is one of the largest and most secure DeFi protocols on earth, with billions of dollars in assets earning interest every day.
- Your Role *
As a Senior Protocol Engineer at Compound, you will help lead our team in building open, transparent, frictionless financial protocols. You will be given the opportunity to design, build, test, and deploy smart contracts that make DeFi more secure, capital-efficient, and useful. We work in Solidity, Typescript, Rust, Elixir, Elm, and are forever learning and optimizing everything we make in the name of correct coding.
At Compound, you will be part of a cutting edge team building high-caliber technology that has a massive impact on the future of decentralized finance.
What You'll Do
- Build and test smart contracts in Solidity for EVM-based blockchains
- Ensure the correctness of financial algorithms
- Keep a pulse on the DeFi ecosystem and identify improvements or areas of growth for the protocol
- Enthusiastically collaborate with a small team, owning and planning projects for long-term impact
- Teach and mentor other engineers
What You Bring To The Engineering Team
- Expertise in building and testing smart contracts using Solidity or Yul
- Familiarity with the current DeFi ecosystem
- Exceptional judgment, strategic thinking and creative problem-solving skills with a strong analytical mindset
- 5+ years of professional engineering experience
- BA or BS degree in Computer Science or a related technical field, or equivalent practical experience
Experience with these Technologies is a "Nice to Have:"
- Layer 2 blockchains (e.g. Arbitrum, Optimism) and cross-chain bridges
- Foundry or Hardhat
- Typescript, Elixir, Phoenix
- Elm or React
Benefits + Perks:
- Stock options in Compound Labs
- 3+ weeks of vacation
- Paid parental leave
- Full medical, dental, and vision insurance
- 401(k) plan
- Company on-sites across the world
- Remote available with the option to work in our downtown SF office (metro accessible with transportation stipends)
We are an equal opportunity employer and value diversity at our company. We welcome qualified candidates of all races, creeds, genders, age, veteran status and sexuality to apply.
Founded in 2017, Compound Labs is backed by leading investors including Andreessen Horowitz, Bain Capital, Paradigm, Polychain Capital and Coinbase Ventures.
What is the meaning of Layer 2?
Layer 2 in the context of cryptocurrency and blockchain technology refers to a secondary framework or protocol that is built on top of an existing blockchain system (the main chain or Layer 1)
The primary purpose of Layer 2 solutions is to solve the scalability and speed issues that many blockchains face, especially those that have become popular and heavily used, like Ethereum
Here are the key aspects of Layer 2 solutions:
- Scalability Enhancement: They help in scaling the main blockchain by handling transactions off the main chain. This reduces the burden on the main chain, allowing for faster and cheaper transactions.
- Types of Layer 2 Solutions: There are various forms of Layer 2 solutions, including state channels, sidechains, plasma chains, and rollups. Each has its own mechanism for interacting with the main chain and handling transactions.
- State Channels: These involve two parties engaging in numerous transactions outside of the main chain, which are then consolidated into a single transaction. This is especially useful for situations where multiple transactions occur between the same parties.
- Sidechains: These are separate blockchains that are connected to the main chain via a two-way peg. They operate independently and can have their own consensus mechanisms but are secured by the main chain.
- Plasma Chains: Plasma chains are similar to sidechains but with a more hierarchical structure. They report back to the main chain regularly and are optimized for mass transaction handling.
- Rollups: Rollups process and store transaction data on a sidechain but post transaction data to the main chain. They come in two varieties: optimistic rollups and zk-rollups, each with its own method of transaction verification.
- Security Considerations: While Layer 2 solutions are generally secure, they can have different security models compared to the main chain. This is an important consideration for users and developers.
- Impact on User Experience: For end-users, Layer 2 solutions can greatly improve the experience by reducing transaction fees and increasing transaction speeds.
- Adoption and Development: Many blockchain projects are actively developing Layer 2 solutions to enhance their networks. This is an ongoing area of innovation in the blockchain space.