Use case

Wrapping:

• Alice transfers FIO to a locking contract on FIO chain

• Minting contract on ETH chain mints corresponding amount of wrapped wFIO and transfers it to an address designated by Alice

• FIO is now “locked” and not usable until it is redeemed

Redeeming

• Alice transfers wFIO to a burning contract on ETH chain

• Upon verification, FIO is unlocked on FIO chain and transferred it to an address designated by Alice

Tasks

Requirements & Design

• https://fioprotocol.atlassian.net/browse/BD-2281

• https://fioprotocol.atlassian.net/browse/BD-2332

• https://fioprotocol.atlassian.net/browse/BD-2333

• https://fioprotocol.atlassian.net/browse/BD-2334

Contacts and Technologies