Klaytn

Vault
LOCK
User requesting bridging executes KlaytnVault.deposit or KlaytnVault.depositToken Function with Bridging Fee.
Deposit event occurs in Klaytn Vault and Token Lock completed
Bridge Operator catches the event and relays bridging data to Orbit Hub
Bridge Validator consensus on relayed bridging data
After the agreement is completed, toChain Minter's MINT Process
RELEASE
Complete the BURN process of fromChain Minter
Bridge Operator Catch Bridging Data agreed by Bridge Validators
After the Bridge Operator collects the signature ​​for the agreed Bridging Data KlaytnVault.withdraw is executed 
Withdraw event occurs in Klaytn Vault and Token Release (Transfer) completed
Minter
MINT
Complete the LOCK process of fromChain Vault
Bridge Operator Catch Bridging Data agreed by Bridge Validators
After the Bridge Operator collects the signature ​​for the agreed Bridging Data KlaytnMinter.swap is executed
Swap event occurs in Klaytn Minter and Token Minted
Token Initial Name & Symbol minted by Minter
Name : Orbit Bridge Klaytn Token
Symbol : OBKT
To change the Token Name and Symbol, anyone can make the first change as Public, and from the second change, it can be changed with the authority of the Token Contract Owner (= Minter Contract Owner).
BURN
User requesting bridging executes KlaytnMinter.requestSwapFunction with Bridging Fee.
Swap event occurs in Klaytn Minter and Token Burn completed
Bridge Operator catches the event and relays bridging data to Orbit Hub
Bridge Validator consensus on relayed bridging data
After the agreement is completed, toChain Vault's Release Process
BNB Chain
Heco
Last modified 2yr ago