Vectant
How Vectant locks, mints, and redeems
Deposit the asset into a source-chain multisig, mint one to one on Canton, and redeem by burning the token. The vault releases only after the same M-of-N signature.
How it works
Lock, mint, verify, redeem
Two mirrored thresholds, held by the same independent operators, govern both sides of the bridge.
01
Lock
Assets are deposited into the source-chain multisig vault. M-of-N operators confirm the deposit.
02
Mint
Vectant mints the wrapped asset one to one on Canton through a CIP-56 registry contract.
03
Verify
Circulating supply is designed to be checked against locked reserves. A public certificate is planned before mainnet and is not published yet.
04
Redeem
Burning the Canton token does not move the vault by itself. The same M-of-N threshold has to sign the release on the source chain.