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FAKT on Other Chains

Interoperability with other major blockchains is important for the growth of Medifakt and the prospects of realizing its vision. One of the ways of securing it is through enabling the versions (wrappers) of FAKT on other chains.

Unlinke FAKT on Medifakt, those wrappers are TL20 tokens are created whenever someone locks a certain number of tokens on the Medifakt and gets issued the exact same amount of wrapper tokens on the target blockchain. If a user withdraws the wrapper from the target blockchain, the tokens burned and the FAKT tokens on Medifakt are unlocked.

Currently, wrapped versions of FAKT token exist on Ethereum (mainnet), Binance Smart Chain and the Arbitrum One layer-2 optimistic rollup chain for Ethereum. The latter is a wrapper of a wrapper powered by the Ethereum-Arbitrum bridge and its withdrawals from Arbitrum are subject to the optimistic rollup rules.

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FAKT on Ethereum

Token contract: https://etherscan.io/token/0x970b9bb2c0444f5e81e9d0efb84c8ccdcdcaf84darrow-up-right

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FAKT on Polygon

Token contract: https://polygonscan.com/address/0xf915fdda4c882731c0456a4214548cd13a822886arrow-up-right

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FAKT on Binance Smart Chain

Token contract: https://bscscan.com/address/0x5857c96dae9cf8511b08cb07f85753c472d36ea3arrow-up-right

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FAKT on Arbitrum One

Token contract: https://arbiscan.io/token/0xbdef0e9ef12e689f366fe494a7a7d0dad25d9286arrow-up-right

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