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This effort prototypes a simplified end-to-end flow of FIO Wrapping.

Todo

  • Only initial validation was done on wraptokens

  • Update oracle to use _mint (to user address)

  • Include Oracle validation

Use case

Wrap FIO Token:

  1. Alice (dApp) executes wraptokens on FIO chain

  2. Oracle monitors wraptokens for transfers

  3. Oracle calls ERC20 _mint (to user address)

  4. ERC20 collects Oracle _mint observation

  5. When consensus reaching Oracle calls _mint , the mint is executed

  6. Alice can now view balanceOf wfio in Metamask/explorer

Diagram link: https://drive.google.com/file/d/12f8iOoZjj1txZCJprpuQ5VFb8Ejpc9Bp/view?usp=sharing

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