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SnowETH

Draft

SnowETH is a cross-chain dApp that facilitates the creation and movement of a pegged Ether asset on Polkadot. It allows users to lock up ETH in the SnowETH application smart contract on Ethereum, and then have that minted as SnowETH via the SnowETH pallet on Snowbridge’s parachain. SnowETH can be moved to other parachains and used in their products and applications, or can be burned by users on Snowbridge’s parachain to return their value to Ethereum and unlock their Ether out of the SnowETH smart contract.

Further details will be added at a later point.


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