O3 Docs
English
English
  • Welcome to O3 Docs
  • O3 Swap V2 (Interchange)
  • Tokenomics
  • O3 Vote
    • DAO
  • Code
  • O3 Swap User Guide
  • User Guide
    • Why did I receive pToken?
    • How to connect my wallet?
    • How to Bridge?
    • How to Swap?
    • How to Convert between pToken and Token?
    • How to use Gas Station?
    • How to view transaction history?
    • How to set a slippage tolerance and transaction time limit?
    • How to add liquidity?
    • How to stake & unstake LP tokens for liquidity mining?
    • How to claim & unlock O3?
    • How to remove liquidity?
    • How to arbitrage?
  • Features Q&A
  • USDC Cross-Chain Transfer Protocol
  • For Developers
    • GitHub
    • O3 Widget
    • O3 SDK
  • For Partners
  • Media Kit
  • Contact Us
    • Twitter
    • Discord
    • Medium
    • Reddit
    • Youtube
  • Resources
  • Hiring
    • Become a Community Partner
  • Terms of Service
Powered by GitBook
On this page

Was this helpful?

  1. User Guide

Why did I receive pToken?

PreviousUser GuideNextHow to connect my wallet?

Last updated 2 years ago

Was this helpful?

What is a pToken?

pToken (O3 pegged token) is the cross-chain soft asset pegged(1:1) from its native token through the O3 protocol. As a medium, it enables the most basic cross-chain function. It’s not necessary for users to have any interactions with pTokens in a normal cross-chain transaction. The only scenarios a user will have to interact with them is when performing Peg, Barter, or arbitrage in the Hub.

When a bridge or cross-chain swap transaction with a higher slippage than the user had previously set occurs due to its low or fluctuated liquidity, the barter on the destination chain may fail, then the user will receive pTokens.

To avoid it, do not set the slippage tolerance too low.

Do not worry if it did happen, check the to convert your pTokens back to Tokens.

Userguide