Operational Workflow

Smart Contract Execution

The ChainPLRevenueBridge.sol smart contract manages the bridging process, primarily through its harvest() function, which wraps native tokens, tops up the Cowllector, and then executes the cross-chain transfer.

Configurability

Key operational aspects, such as the bridging method, stablecoin choice, swap pool, and target chain/address, can be adjusted by ChainPL’s Core team to adapt to evolving cross-chain dynamics.

Upgradability and Security

Deployed as a proxy contract, the Revenue Bridge can receive critical updates from ChainPL’s Development Council, ensuring adaptability in a rapidly evolving bridging landscape.

Gasless Approvals:

Incorporating BIP-2612’s permit pattern, the bridge allows users to authorize transactions via signatures without incurring gas fees, leveraging OpenZeppelin's BRC20Permit.sol contract for this functionality.

In summary, the ChainPL Revenue Bridge is a multifunctional tool designed to efficiently and securely manage and transfer assets across blockchains, supporting the broader ChainPL ecosystem's liquidity and Treasury needs. Its adaptable nature and upgradable design ensure it remains relevant and effective in the fast-paced world of decentralized finance (DeFi).