# Auran Token Standard

Building upon the concept of Omnichain Fungible Token (OFT) introduced by LayerZero, Auran unveils a specialized token standard tailored for Bitcoin and its associated Layer 2 ecosystems. Distinct from existing token protocols on Bitcoin, this new standard facilitates a unique method for conducting omnichain transfers. It operates by burning tokens on the originating blockchain upon the commencement of a transfer. This action triggers a protocol-driven message, culminating in a function execution on the target blockchain's contract to recreate an equivalent quantity of the obliterated tokens.

<figure><img src="https://520119788-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fy3nabIJrtvPP3JhlTtAo%2Fuploads%2FPsATfn0JVqWIVLtNLyBt%2F21.png?alt=media&#x26;token=b441d768-eac4-4ff7-abd8-b8e5f5d87cd8" alt=""><figcaption><p>Bridging Token A from Bitcoin to Stacks using Auran</p></figcaption></figure>

Each network will feature a unique implementation of the token standard, tailored to accommodate the specific characteristics and Virtual Machine of the network.


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