Swingby Skybridge
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  • Overview
  • Motivations
  • How can I use Skybridge?
  • What is the technology behind Skybridge?
    • Proof-of-Stake node groups
    • Threshold Signature Scheme ("TSS")
    • Leaderless consensus
    • Peer communication
  • What is the SWINGBY token?
  • Q&A
  • Getting started
    • How to swap tokens?
      • BTC to WBTC (on Ethereum)
      • WBTC (on Ethereum) to BTC swap
      • Understanding a swap lifecycle
    • Become a LP
      • Add liquidity
      • Remove liquidity
    • Network fees
  • Technical Details
    • Run a Metanode
      • Swingby node installation guide
      • Node on Hetzner server
      • BOT Commands list
    • Smart contract and Tokens
  • πŸ—³οΈSWINGBY DAO
    • πŸ—ΊοΈOverview
    • πŸ›οΈFramework
      • πŸ’‘Phase 1: Informal Discussion
      • πŸ—£οΈPhase 2: Proposal Refinement & Temperature Check
      • πŸ‘Phase 3: Signal Voting
      • πŸ—³οΈPhase 4: On-chain Voting
    • πŸ“šTutorials
      • Bridge SWINGBY to ERC-20
      • Stake SWINGBY for voting power
      • Vote on Proposals
      • Delegate Votes
      • Create Proposals
      • Bond Metanodes
  • Read more
  • Website
  • Twitter
  • GitHub
  • White Paper
  • Proposals & Specifications (SWIPs)
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On this page
  • Swap status flow diagram
  • Why was my transaction refunded?

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  1. Getting started
  2. How to swap tokens?

Understanding a swap lifecycle

What is the lifecycle of a swap transaction?

PreviousWBTC (on Ethereum) to BTC swapNextBecome a LP

Last updated 4 years ago

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Swap status flow diagram

The following diagram shows the decision tree used by the Skybridge nodes to decide which states that a swap moves through during processing.

Why was my transaction refunded?

A transaction may be refunded for several reasons, such as:

  • Lack of liquidity in the float pools.

  • Timeout.

  • Wrong amounts.

  • Miscellaneous risk prevention in the node software.

Standard process for a cross-chain swap (outdated).