Oasis Sapphire Wrapped Rose - Part 1 of 2
Part 2: • Oasis Sapphire Wrapped Rose Demo - Part 2 ...
Problem:
1. DeFi protocols require tokens to be the same standard. For example, swaps must be ERC-20 tokens.
2. Even though Sapphire Paratime provides confidential state, it does not have confidential transfer of ROSE
Solution
1. Wrapping ROSE makes it an ERC-20 to interact with DeFi protocols
2. metaWithdrawl() allows gasless && confidential transfer of ROSE.