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TokenRemote contracts allow for scaling token amounts, which should be used when the remote asset has a higher or lower denomination than the home asset, such as allowing for a ERC20 home asset with a denomination of 6 to be used as the native EVM asset on a remote chain (with a denomination of 18).
Math example
Example ICTT Bridge of popular tokens like USDC
The text was updated successfully, but these errors were encountered:
TokenRemote contracts allow for scaling token amounts, which should be used when the remote asset has a higher or lower denomination than the home asset, such as allowing for a ERC20 home asset with a denomination of 6 to be used as the native EVM asset on a remote chain (with a denomination of 18).
The text was updated successfully, but these errors were encountered: