Redeem aBTC for BTC
A user with aBTC initiates a redemption of aBTC with Atlas Protocol, a NEAR smart contract, and the smart contract receives and burns the aBTC.
The Atlas smart contract requests a NEAR Chain Signature and withdraws corresponding native BTC from the Bitcoin staking protocol where it was deposited.
The Atlas smart contract requests a NEAR Chain Signature and sends corresponding native BTC to the user's specified native BTC wallet
A diagram showing this is presented below:
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