Bridging
Last updated
Last updated
Built on LayerZero and enhanced with StakeStone's customized contracts, STONE has the following cross-chain features:
Cross-Chain Asset Transfer: STONE is an Omnichain Fungible Token (OFT) with bridging capabilities supported by LayerZero. StakeStone has developed custom contracts to facilitate the bridging of STONE across different chains without burning it on the source chain.
Instead, STONE is locked in the contract of the source chain and can only be released when it is bridged back via LayerZero. This mechanism ensures the stability of STONE's price within the contract.
Cross-Chain Price Feed: The price of STONE is determined by the total quantity of underlying assets and its circulating supply.
Anyone can use LayerZero to relay this price information to the target chain at any time. Developers can then directly access and utilize this price within the STONE token contract, ensuring accurate and transparent pricing across chains.
Bridging: Users can bridge STONE to and from the currently supported chains via StakeStone's website.
It is important to note that bridging from Manta Pacific to Ethereum Mainnet is currently disabled until the conclusion of Manta's New Paradigm initiative.
For STONE BTC, bridging will be available alongside Bitcoin L2’s launch of mainnet.