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Fraccaman
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Transfering WNAM to namada should burn the corresponding token
Transfering WNAM to namada should burn the same amount
Apr 20, 2023
where one contract owns the maximum representable supply of the native token?
In our case, the Vault could mint MAX_UINT worth of wNAM. On transfers to Ethereum, if the vault detected the transferred asset was wNAM, it would release wNAM from its internal pool, since it owns the entire representable supply. Transferring to Namada, we could "burn" tokens by transferring them back to the Vault.
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The text was updated successfully, but these errors were encountered: