Understanding a swap lifecycle
What is the lifecycle of a swap transaction?
The following diagram shows the decision tree used by the Skybridge nodes to decide which states that a swap moves through during processing.
Standard process for a cross-chain swap (outdated).
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.