Deposits Pallet
The Deposits pallet handles cross-chain cryptocurrency deposits, verification, and wrapped token minting.
Deposit Flow
1. User initiates deposit → selects token and amount
2. System assigns vault → least-risky available vault
3. Unique amount generated → precise amount for security
4. User sends crypto → exact amount to vault address
5. Off-chain verification → staking workers validate
6. Wrapped tokens minted → credited to user's wallet
Key Details
| Aspect | Details |
|---|---|
| Vault Assignment | Automatic — least risky vault selected |
| Unique Amount | Precise amount prevents fraud/impersonation |
| Verification | Off-chain workers validate on source blockchain |
| Minting | Wrapped tokens (BTCU, ETHU, etc.) minted on verification |
| Supported Assets | 14+ major cryptocurrencies |
Cross-Pallet Interactions
- Vaults — Receives the actual cryptocurrency
- Assets — Mints wrapped tokens
- Staking Worker — Verifies transactions
- Oracle — Provides price data for amount calculations
→ See: Deposits Guide · Vaults