L1 > L2
Pheasant Network has chosen a different mechanism for L1-to-L2 transfers from the L2-to-L1 design, which comes with a tradeoff of minor complexity because the L2-to-L1 model is not cost-effective enough for token transfers from Layer 1 to Layer 2 from the users’ perspective as it requires an escrow contract on Layer 1.
Default
A relayer deposits liquidity to the BondManager contract (Layer2 Bridge Contract).
A user sends assets directly to relayer’s EOA on Layer 1, which triggers the bridging process.
The relayer generates proof of the transaction made in 1 from its transactional hash and registers it and send asset through the PheasantNetworkBridgeChild contract.
In the event of fraud
Unlike processing from Layer 2 to Layer 1, in the case of processing from Layer 1 to Layer 2, if the relayer does not send assets to the user on Layer 2 after a certain period of time has elapsed since the user sent assets to the relayer, it is possible to execute a slash.
Sequence Diagram
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