CROSS CHAIN SWAPS, WHAT ACTUALLY HAPPENS AFTER YOU CONFIRM
A cross chain swap involves two networks, two assets and several on chain actions. Unlike a normal same chain swap, the destination asset exists on another blockchain.
So what happens after you press confirm?
STON.fi's cross chain model uses Omniston and smart contract based execution involving liquidity providers called resolvers. The source asset is locked on the originating network while the corresponding destination asset is locked on the other network.
The two sides are connected using Hashed Timelock Contracts, commonly called HTLCs.
The important part is that neither side simply hands funds to a central custodian.
Once the required conditions are satisfied, a cryptographic secret allows the destination asset to be released. The resolver can then claim the source asset using the same mechanism.
What happens if the process does not complete?
The timelock provides a refund path. If the required secret is not revealed within the specified period, the locked source funds can become refundable.
There is also a practical detail users should remember: TON and EVM networks use different address formats. A TON address and an EVM address should never be treated as interchangeable.
Before starting a cross chain swap, verify the destination network, destination address, token, expected amount and available gas.
Cross chain trading becomes much easier to understand once you stop viewing it as one transaction and start viewing it as coordinated execution across two networks.
Check every field before confirming.
"Try a cross chain swap on STON.fi"
𝐎𝐟𝐟𝐢𝐜𝐢𝐚𝐥 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬:
Official Site: https://app.ston.fi
Follow for News: https://x.com/ston_fi
Community Chat: https://t.me/ston_fi
A cross chain swap involves two networks, two assets and several on chain actions. Unlike a normal same chain swap, the destination asset exists on another blockchain.
So what happens after you press confirm?
STON.fi's cross chain model uses Omniston and smart contract based execution involving liquidity providers called resolvers. The source asset is locked on the originating network while the corresponding destination asset is locked on the other network.
The two sides are connected using Hashed Timelock Contracts, commonly called HTLCs.
The important part is that neither side simply hands funds to a central custodian.
Once the required conditions are satisfied, a cryptographic secret allows the destination asset to be released. The resolver can then claim the source asset using the same mechanism.
What happens if the process does not complete?
The timelock provides a refund path. If the required secret is not revealed within the specified period, the locked source funds can become refundable.
There is also a practical detail users should remember: TON and EVM networks use different address formats. A TON address and an EVM address should never be treated as interchangeable.
Before starting a cross chain swap, verify the destination network, destination address, token, expected amount and available gas.
Cross chain trading becomes much easier to understand once you stop viewing it as one transaction and start viewing it as coordinated execution across two networks.
Check every field before confirming.
"Try a cross chain swap on STON.fi"
𝐎𝐟𝐟𝐢𝐜𝐢𝐚𝐥 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞𝐬:
Official Site: https://app.ston.fi
Follow for News: https://x.com/ston_fi
Community Chat: https://t.me/ston_fi
