SWSS Coin is native to SWSS Chain, where it pays gas, secures stake and settles every deed. External decentralised exchange infrastructure cannot hold a native asset from another network, so meeting that infrastructure requires a representation it can hold. SWSS Bridge produces one: wrapped SWSS, or wSWSS, issued against native SWSS Coin that is locked while the wrapped form exists.

The mechanism is lock-and-mint, and the distinction that matters is where authority sits. Native SWSS Coin locks on SwssChain and wrapped SWSS is issued on BSC; the bridge records the request and enforces the limits, but the chains are the authority for what actually moved. A member does not have to accept the interface's account of a conversion — both legs are chain records, readable through SWSS Explorer and on the BSC explorer respectively.

Bridging is a member operation inside the SWSS App rather than a contract a member interacts with directly, and wallet operations are the App's domain across the ecosystem. What the bridge does not move is a deed: a DEED-1 instrument is a legal settlement record under the DEED-1 Standard, not a balance, and there is no wrapped form of one.

How Wrapping Works

operation              wrap
nativeLocked           SWSS  # held, not spent
wrappedMinted          wSWSS  # 1:1 against the lock
supplyEffect           none  # total supply is unchanged
reverse                withdraw wSWSS, release the lock  # the lock is the only source
settledOn              SWSS Chain mainnet 122605
certificate            issued  # on both directions

A conversion has two legs and both are settled rather than asserted. Native SWSS Coin is locked on SwssChain, and an equivalent amount of wrapped SWSS is issued on BSC; reversing the operation withdraws the wrapped form from circulation and releases the lock. The supply relationship is therefore one to one by construction — wrapped SWSS in circulation is always matched by native SWSS Coin that cannot move while it exists.

Because both legs settle on chain, the total wrapped and the total locked can be compared by anyone at any time. That is the property a wrapped asset needs and the one that is hardest to take on trust, which is why the bridge records requests and enforces limits but does not get to be the record of what happened.

What Comes Next

The current bridge is a wrapping bridge, not a general cross-chain bridge, and the page says so rather than describing the eventual scope as though it had arrived. Full cross-chain interoperability is scheduled for a release following the SWSS DEX launch.

The sequencing is deliberate. SWSS DEX is the native on-chain exchange that gives SWSS Coin and DEED-1 settled assets on-chain liquidity and price discovery; building general cross-chain movement before that exists would ship surface area with nowhere for it to arrive. Where wrapped SWSS is expected to be listed, and how far each listing has progressed, is tracked in the Liquidity area of the SWSS App.