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Section Content

Live

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• Show list of wrap/unwrap transactions

  • Date/Time stamp

  • Type

    • Wrap

    • Unwrap

  • Asset

    • FIO Token

    • FIO Domain

  • Amount (for FIO Token)

  • Domain name (for FIO Domain)

  • Status

    • Pending

    • Successful

FIO Bridge

FIO Bridge is a fully decentralized bridge, ran by subset of FIO Chain Block Producers, which performs wraps and unwraps of FIO Domains and Tokens.

Bridge Custodians

• Active Block Producers act as Bridge Custodians.

• Bridge Custodians manage Bridge Custodians and Oracles, and can can pause the contract.

Bridge Oracles

• Are appointed by Bridge Custodians.

• Monitor FIO Chain and remote chains for relevant transactions.

• Execute transactions on the corresponding chain.

• Set fees for wrapping and unwrapping.

Current Bridge Oracles

• Tribe

• EOS USA

• Detroit Ledger Technologies

Wrapping

• To wrap FIO Domains or Tokens a user executes a smart contract action, on the FIO Chain, to send the asset to a system contract controlled by Bridge Oracles.

• Bridge Oracles independently monitor the FIO Chain and when a wrap action is received they record the observation on the target chain, e.g. Polygon, Ethereum.

• Once enough observations are recorded, the asset is minted and transferred on the target chain to the address designated by the user.

• On the FIO Chain, the asset remains in control of the Bridge Oracles until it is unwrapped.

Unwrapping

• To unwrap FIO Domains or Tokens a user executes a smart contract action, on the remote chain, to return (burn) the asset.

• Bridge Oracles independently monitor the remote chain and when an unwrap action is received they record the observation on the FIO Chain.

• Once enough observations are recorded, the asset is transferred, on the FIO Chain, to the FIO Handle designated by the user.

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Wrap & Unwrap Transactions!

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Wrapping & Unwrapping

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