💸Transactions
Detailed technical FAQs relating to Fiorin transactions
What is the minimum deposit?
Make sure you are aware of gas fees:
🏆Earning Bounty (gas fees)What is the maximum deposit?
There are no maximum deposits.
What is the minimum withdrawal?
Make sure you are aware of gas fees:
🏆Earning Bounty (gas fees)What is the maximum withdrawal?
Your maximum ERC20 deposit (receive)
$100,000
What happens when I receive (deposit) USDT, USDC or DAI?
First transaction creates a P2PKH output (output #0) containing 60,989 satoshis (0.00060989 BSV) that is locked to this address (the USDXS token issuance address)
Second transaction spends output #0 in (1) and the same number of satoshis are locked as output #0 with a STAS locking script (this is the issuance STAS scripthash)
Third transaction spends output #0 in (2) and the same number of satoshis are locked as output #0 with a STAS locking script (this is the user's STAS scripthash)
This amount is displayed by the users wallet:
What happens when I send (withdraw) USDT, USDC or DAI?
1. STAS token redemption
Consider the actual STAS redemption of 100 USDXS tokens ($100):
First transaction (initiated and signed by the user's Fiorin wallet) creates an output containing 10,000 satoshis (0.0001 BSV) that is locked to the redemption STAS scripthash
2. ERC20 token redemption
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