MintAndBurnReplyUpdate #294
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This update allows the implementation of extension handlers that listen to Minting and Burning tokens. Example: I am building a lending protocol that implements my lending blueprint and the token's blueprint. I want to allow lenders to deposit "X" tokens in my lending process and get back temporally tokens that they can later use to claim back their lended tokens. So, I need a way to listen when my lending process mint new tokens to instantly transfer them to the lender who made a deposit. Now with this update, I can write handlers to listen to "Mint-Notice" and "Burn-Notice" to do further logic.
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Implementing forwarding tags to mint and burn notice allows to pass arguments to extension handlers that are listening to the mint and burn notice. An example of this could be executing the mint action with a forwarding tag that contains a recipient you want to transfer the tokens right after minting the tokens. Another example could be executing the burn action that allows you to do some specific tasks based on the forwarding tags you specify
The title is self explanatory :)
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This update allows the implementation of extension handlers that listen to Minting and Burning tokens.
Example: I am building a lending protocol that implements my lending blueprint and the token's blueprint. I want to allow lenders to deposit "X" tokens in my lending process and get back temporally tokens that they can later use to claim back their deposited tokens. So, I need a way to listen when my lending process mint new tokens to instantly transfer them to the lender who made a deposit.
Now with this update, I can write handlers to listen to "Mint-Notice" and "Burn-Notice" to do further logic.