💸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?

  1. Your maximum ERC20 deposit (receive)

  2. $100,000

🔒Bridge Security

What happens when I receive (deposit) USDT, USDC or DAI?

  1. 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)

  2. 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)

  3. 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):

Notice the +$48.56 Bounty credit! This is free money to use to trade on DXS:

Earning Bounty (gas fees)

  1. 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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