📤Withdrawal
Withdrawals are categorized into Layer-2 and Layer-1 for enhanced flexibility, user convenience and reliability
Layer-2 Withdrawal
Users initiate withdrawals on the DEX, and transactions are forwarded to Layer-2 for verification and processing. Each Layer-2 node verifies transactions, packages them into a block, and submits withdrawal transaction data to the Layer-1 data shard contract. The asset custody contract executes the user's withdrawal process on the chain and transfers assets to the user.
Layer-1 Withdrawal
In any case the DEX is inaccessible, users can initiate a forced withdrawal request directly using their wallets. If Layer-2 fails to respond (in very extreme scenarios) within a specified timeframe, users can force withdraw assets based on the asset balance snapshot provided by Hibit on the chain every 10 minutes.
Last updated