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Clarify SuperchainERC20 supply considerations #1051

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Merged
sbvegan merged 3 commits into from
Oct 31, 2024
Merged

Clarify SuperchainERC20 supply considerations #1051

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db9b8e3
Clarify supply considerations
bradleycamacho Oct 30, 2024
1b85cb9
fix lint issues
krofax Oct 31, 2024
88892e0
Merge branch 'main' into bradleycamacho-patch-1
sbvegan Oct 31, 2024
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2 changes: 2 additions & 0 deletions pages/stack/interop/superchain-erc20.mdx
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Expand Up @@ -28,6 +28,8 @@ Additional features:
* **Token Burning**: Initiating message where token is **burned** on the source chain. A user initiates a transfer of token from one blockchain to another and specifies the recipient wallet address on the destination chain. A specified amount of token is burned on the source chain.
* **Token Minting**: Executing message where token is **minted** on the destination chain. The specified amount of token is minted on the destination chain directly to the recipient wallet address.

An important thing to note is using `crosschainBurn` and `crosschainMint` on the `SuperchainERC20` to move your asset across the Superchain only affects which chain your asset is located on and does not change the overall supply of the token. This keeps the token's total amount the same across all networks, ensuring its value stays stable during the move and that the `SuperchainERC20` retains a unified, global supply count.

```mermaid
sequenceDiagram
box rgba(255, 4, 32, 0.1) ChainA
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2 changes: 2 additions & 0 deletions words.txt
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@@ -1,3 +1,4 @@
ACCOUNTQUEUE
accountqueue
ACCOUNTSLOTS
accountslots
Expand Down Expand Up @@ -408,3 +409,4 @@ xtensibility
ZKPs
ZKVM
Zora
zora