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.

FAKT on Ethereum

Token contract: https://etherscan.io/token/0x970b9bb2c0444f5e81e9d0efb84c8ccdcdcaf84d

FAKT on Polygon

Token contract: https://polygonscan.com/address/0xf915fdda4c882731c0456a4214548cd13a822886

FAKT on Binance Smart Chain

Token contract: https://bscscan.com/address/0x5857c96dae9cf8511b08cb07f85753c472d36ea3

FAKT on Arbitrum One

Token contract: https://arbiscan.io/token/0xbdef0e9ef12e689f366fe494a7a7d0dad25d9286

Last updated