Nuon v2 Whitepaper
  • Abstract
  • Introduction
  • Challenge
  • Architecture
    • Overview
    • Treasury
    • Deposit Conversion
    • Refilling Buffer
    • Vaults
    • Dutch Auction
    • Cross-chain Deposits
    • Governance
    • Emergency Mode
    • Minting Caps Equilibrium
    • Backstops
  • Governance
    • Veto System
    • Proposal System
    • Vote Power Weighting
  • NUON
    • Overview
    • Rebasing
    • Staking
  • MaxCap
    • Overview
    • Token Allocation
    • Staking Distribution
    • Claiming Excess
  • Miscellaneous
    • Security Audit
    • System Transition
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  1. Architecture

Cross-chain Deposits

Nuon employs Chainlink’s CCIP (Cross-Chain Interoperability Protocol) to facilitate cross-chain deposits of USDC. This functionality allows users to seamlessly transfer USDC from one blockchain network to another and mint NUON tokens directly from the treasury to the depositor's address.

The utilization of Chainlink's CCIP ensures a secure and reliable process for cross-chain transactions, maintaining the integrity of assets transferred between different blockchain ecosystems.

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Last updated 11 months ago