ScaleX
  • Introduction
    • Vision
    • What are reflections?
    • Innovation
  • Meet our team!
  • Token
    • Why a reflection token?
    • Custom reflections formula
    • Fees
    • Omnichain
    • Omnichain reflections
    • Contracts
  • Sales
  • Tokenomics
  • Ways to profit
  • Farms
  • Roadmap
  • FAQ
  • Official links and contact
  • Official tokens
  • Glossary
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  1. Token

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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Last updated 1 year ago