What is sTokens Bridge? and How does it work?
Hi, I am Ikeda and have been a developer in Dev protocol since September. In this article, I will introduce a new contract, sTokens Bridge, which I have been developing recently. The sTokens Bridge is not released yet (The source is here github sTokensBridge ), but in this article I will explain what this new contract will achieve in the future.
The sTokens Bridge is a contract, where sTokens-holders deposit their sTokens and get new ERC20 tokens in return. The bridge gives a sToken holder as much amount of ERC20 tokens as he/she staked (To know what sToken is, see this article: sTokens, NFTs mirroring DEV staking. The sToken is an NFT which is the certificate of staking).