Reserve on Hedera · Proof by Wormhole · Book on Solana

Hederalaunch

Hedera holds the coins

Solana book

List on
the reserve

Credit matches the lock. One HBAR in, one wHBAR out.

IssueMarketsDocs

01

Unit

wHBAR

Markets clear in wrapped HBAR.

02

Count

1:1

Minted units match locked HBAR.

03

Proof

VAA

Wormhole guardians sign the transfer.

04

Levy

1%

Twenty for the desk. Eighty for the issuer.

Transit

Coins stay. Credit moves.

The HBAR never leaves Hedera. Solana only sees a Wormhole signature, then credits the same number of units.

  1. 01 Reserve

    HBAR stays on Hedera in the lock account.

  2. 02 Signature

    Guardians sign a VAA that names the amount and the Solana address.

  3. 03 Credit

    Solana checks that signature and credits wHBAR.

Book

TOKEN / wHBAR

Supply posts with the filing. Filing fee is zero. Each fill carries a 1% levy in wHBAR.

Open a session, then file.

Bridge a balance, then issue the market. Eighty percent of the levy returns to the issuer. Twenty stays with the desk.

BridgeIssue