Deposit/ Withdraw
Deposit
Users can deposit funds into the Myst virtual layer at any time. To do so, follow these steps:
Connect Your Wallet: Link your digital wallet to the Myst platform.
Enter Desired Amount: Specify the amount you wish to deposit.
Select Blockchain: Choose the blockchain for your deposit. Initially, only native cryptocurrency deposits are accepted.
Secure Funds: Once deposited, your funds are secure and can remain in the virtual layer for as long as you desire.
Withdraw:
To withdraw funds from the Myst virtual layer, users need to follow these steps:
Enter Recipient Address: Provide the address of the wallet to receive the funds.
Specify Withdrawal Amount: Indicate the amount to be withdrawn.
Choose Destination Blockchain and Token: Select the desired blockchain and token for the withdrawal.
Multiple Wallets: Funds can be withdrawn to multiple wallets simultaneously, in any desired amount, on any of the supported chains.
Example Scenario
Bob deposits 1 ETH on Arbitrum. Whenever he reconnects his wallet to the DApp, the Virtual Layer recognizes it, and he can freely manage his 1 ETH. He decides to withdraw 0.1 ETH to a new wallet on Ethereum, 0.3 ETH to another wallet on Linea, and the remaining amount to a third wallet on Base. Within a few seconds, he receives his ETH in each wallet. There will be no way for anyone to trace these three wallets back to the funding wallet.
This process ensures privacy and security for all transactions within the Myst ecosystem.
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