Deposit Tokens
2. Deposit Tokens
What it does: Converts your regular (visible) tokens into confidential (encrypted) tokens.
Transaction details:
Transfers tokens from your regular balance to your confidential balance
Encrypts the deposit amount using your derived encryption keys
The deposited amount becomes hidden from public view
Creates a "pending balance" that needs to be applied
Why it's necessary: To use confidential transfers, you first need confidential tokens. This process moves your regular tokens into the encrypted state.
What you're signing:
A message signature for key derivation (used to generate your encryption keys)
A
Deposit
transaction that encrypts your tokens and moves them to confidential state
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