The Shuttleflow Work Process
In this section, we will introduce the work process of shuttleflow: user migrate asset from Ethereum to Conflux (Shuttle-in) and transfer back to Ethereum (Shuttle-out).
When users want to migrate assets on Ethereum such as ETH or ERC20 token to Conflux:
Send an Ethereum transaction to call Deposit Relayer contract, in this transaction, user will specify the token, value and Conflux recipient address.
Check corresponding cToken balance in conflux wallet after custodian alliance processed user's request.
When users already have some cToken and want to migrate them back to Ethereum:
Send a Conflux transaction to call the
burnfunction of cToken, in this transaction, user will specify the value, max tolerable shuttle-out fee and Ethereum ricipent address.
Check ETH or corresponding ERC20 balance in Ethereum wallet after custodian alliance processed user's request.