XChain Platform Action - DEPOSIT

This action transfers tokens from the broadcasting address into a contract’s custody via its derived address.

PARAMS

Name	Type	Description
`VERSION`	String	Format Version
`CONTRACT_ACTION_INDEX`	Integer	Action index of the deployed contract
`TICK`	String	Ticker name or Ticker ID
`QUANTITY`	String	Amount of `TICK` to deposit

DEPOSIT|0|12345|MYTOKEN|1000
Deposit 1000 MYTOKEN into contract 12345 (credits C:BTC:12345)

DEPOSIT|0|12345|^99|500
Deposit 500 of the token with TICK_ID 99 into contract 12345

Available on all chains
The contract identified by CONTRACT_ACTION_INDEX must exist and be in an active state
SOURCE address must hold a sufficient balance of TICK to cover QUANTITY
No gas fee is charged; the on-chain transaction cost is sufficient
QUANTITY must be a positive value with valid decimal format for the token

Deposited tokens are credited to the contract’s derived address (C:<CHAIN>:<CONTRACT_ACTION_INDEX>) in the standard ledger — a debit is created for SOURCE and a credit for the derived address
The contract’s balance is tracked in the standard balances table, the same as any other address. There is no separate custody table.
Use WITHDRAW to return tokens from the contract back to the contract owner
Use ^ (caret) as a prefix when passing TICK_ID for the TICK field (e.g. ^1234 = TICK_ID 1234)
Contracts may use deposited balances in method logic triggered via EXECUTE — emitted actions spend from the derived address

Based on XChain Platform by Dankest, LLC – https://dankest.llc

Licensed under the GNU Affero General Public License v3.0 (AGPL-3.0-or-later) with a commercial license available for proprietary use.

You may use, modify, and distribute this material under the terms of the License. See LICENSE and NOTICE for full terms. See the licensing overview.