Layer 2 Jobs

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Job Position Company Posted Location Salary Tags

Ondo Finance

Remote

$98k - $110k

Parity Technologies

Berlin, Germany

$63k - $90k

Immutable

Sydney, Australia

$90k - $105k

Crypto.com

United States

$63k - $95k

Opera

Remote

$54k - $80k

Ankr

San Francisco, CA, United States

$11k - $85k

Ankr

San Francisco, CA, United States

$11k - $85k

Energi Core Limited

New York, NY, United States

Crypto.com

London, United Kingdom

$36k - $62k

Paraswap

Paris, France

$72k - $80k

Argent

London, United Kingdom

$50k - $84k

Argent

London, United Kingdom

$50k - $84k

Crypto.com

Hong Kong, Hong Kong

$36k - $62k

Crypto.com

United States

$105k - $111k

Bitaccess

Toronto, Canada

$75k - $108k

Senior Smart Contract Engineer EVM Ecosystem Layer 2 — Technical Lead

Ondo Finance
$98k - $110k estimated

This job is closed

Ondo Finance is building a DeFi protocol providing a suite of decentralized investment banking products and services to connect institutional investors and token issuers. We have just scratched the surface of opportunity in DeFi with services like lending, trading, and basic derivatives. We see a huge opportunity to bring a wider array of products from traditional finance to DeFi and create new financial primitives. Our first products are structured finance instruments that enable risk-mitigated or leveraged single-asset yield-generating positions, as well as provide liquidity-as-a-service (LaaS) to other crypto projects and DAOs through a partnership with Fei Protocol.

Our smart contract team is developing novel DeFi primitives supporting complex investment products. Our upcoming investment strategies interface with several protocols across multiple EVM-compatible blockchains. We're also building scalable on-chain and off-chain tooling to support users ranging from small investors to sophisticated crypto hedge funds, as well as promote security and trust for our community. Beyond the Ethereum mainnet, we're already developing for BSC and Polygon. As the technical lead on this effort, you'll expand our vision to every major network in the EVM ecosystem.

"Genesis is excited to support Ondo Finance as both an investor and strategic partner. We believe Ondo will help bridge capital between the institutional world and the crypto market — an evolution that we think is vital to continued growth in DeFi.” — Matthew Ballensweig, Head of Institutional Lending at Genesis

"Fixed income remains the missing piece that decentralized finance needs to go mainstream. Ondo unlocks downside protection and relative certainty in forecasting returns for institutional investors looking to allocate to the attractive yields in the DeFi space. We are excited to back the Ondo team in their mission to bridge the worlds of DeFi and institutional finance." — Paul Veradittakit, Partner at Pantera Capital

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:

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. Impact on User Experience: For end-users, Layer 2 solutions can greatly improve the experience by reducing transaction fees and increasing transaction speeds.
  9. 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.