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Update README.md #39

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merged 3 commits into from
Sep 4, 2024
Merged

Update README.md #39

merged 3 commits into from
Sep 4, 2024

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gigileungyingchi
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README.md Outdated

Note: This is a work in progress, and these steps will change as the project evolves.
1. Depositing into a token authority account on Solana
A token authority account is an account on Solana where users can deposit funds into that which go through the offset bridge to retire carbon credits. The token authority account is a PDA owned by the token-swap program and specified through a state account on Solana. Within the state account, a holding contract on polygon, to which the fund from solana will be bridged to, is specified. Each holding contract is generated for a specific NCT carbon project and a specific Solana wallet to which the retirement certificate will be stored at the end of the process.
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token-swap renamed to swap-bridge

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