@khaleelkazi's thread

khaleelkazi
82
@khaleelkazi
ยท

Hey

The bridges reallocate accordingly every few weeks (not in real-time) when a burn happens elsewhere

LEO is now natively on Arbitrum. The burns need to happen there for the native coin to be actually burned

That being said, if 1 LEO is burned on HE, it can never be bridged back

So the bridge will recognize burned heLEO and simply burn the equivalent amount of Arbitrum LEO on a semi-regular basis to keep the supplies similar

Think of burning heLEO as "losing coins". Those coins can never be recovered, so the Bridge Oracle burns them later on to materialize the actual burn on Arbitrum

Hope this makes sense!

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