Bridge Vaults
Last updated
Last updated
A smart contract vault resides on both chains holding 100% of tokens on primary chain and 60% of tokens on each additional chain.
In between the chains smart contracts is a node script server with advanced security and key management in place. The node script listens to any transfers that are made into the vault smart contracts. If a token is successfully locked into the vault contract on chain A it will be unlocked from the vault on chain B and transferred to the users wallet.
The amount of circulating tokens can never be more that 100% of primary chain supply.
Some blockchains have indexing issues so our node scripts have functions to handle blockchain indexing issues by re-triggering failed transactions.