Omnichain

Omnichain tokens can be sent across different chains without fees or liquidity needed. The chain transfers are accomplished with a lock-and-mint model. In this model, users lock assets into a main chain, while simultaneously, the new chain mints an equal amount of wrapped tokens. When converting back, these wrapped tokens are burned to unlock the locked-up assets. Transfers between non-main chains involve burning the tokens on that one chain, and minting the exact same amount of tokens on another.

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