WORM (@EIP7503) is an ERC-20 token minted by the irreversible, private destruction of ETH. This means you do not transfer or deposit your ETH. Rather, you permanently and irrevocably destroy your ETH in a cryptographic black hole.

Once destroyed, you’ll receive a new token called WORM. WORM is a clean, scarce, mathematically sound asset with no history and zero link to the wallet that burned the ETH.