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Nillion is launching a chain with the Cosmos SDK while already having launched a token on mainnet Ethereum. They have minted 25% of their supply on maninnet ethereum and plan on minting the rest (75%) on their Cosmos L1. #### There will be two user flows in this design. 1. The swap of Ethereum mainnet nillion via Axelar with native cosmos unillion 3. The sending of native cosmos unillion to Ethereum mainnet This implementation will utilize the concept of IBC middleware, which will allow the interception of incoming IBC transfers and enable the functional equivalent of burning the Ethereum nil token and the minting of native unillion to the user.
No due date•4/4 issues closed