How the bridge works
01
One custodian, no smart-contract magic.
TXC you send is held 1:1 in the operator wallet. wTXC (0x9FC6…bb88) is issued against it. Low-tech, auditable, boring on purpose.
02
Wrap 5%. Unwrap free.
Wrapping charges 5% and unwrapping charges 0%. That's the bridge's only ongoing cost, and it funds continued operation.