exist on the ARB? Is it an enveloped token with locking in bnb?
they burn amount X on 1 chain and create amount X in another. Its normal practice
It's a 1:1 token but in another chain
are you doing this in this case?
I did not check if they did that, but thats how its normally done to keep total supply correct 😅
I don't know technical details though
Exactly, this is my doubt, because I see two ways of doing this, either burning it in a network to create it in the other, or locking it in a network to create the same enveloped token in the other
I believe it would be something very important to have a note explaining the transparency of the project.
add tag Ivan in this message, he will probably know how its done to keep total supply correct
We are just offering the possibility for users to be able to purchase our token from different chains, and also to access the platform from different chains as well
It's nothing extreme, it's just a normal doubt about how this shipment is being made to the ARB network. Don't get me wrong, this is really good! but I don't like to be left in the dark about how this is done, I like to understand things...
I can't tag him, could you tag him in this message please?
Hello sir, I know, I wanted to know how this bridge works, if it locks the mbox token on the bnb network to create it on the arb network, or if it burns the token on the bnb network to create it on the arb network.
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