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pBridge performs issuance (and burning) of 1:1 pegged representative tokens, for example issuance of pegged ATOM, namely pATOM can be done through the pBridge. When a user deposits native PoS tokens (e.g. ATOM) onto the pSTAKE platform, pBridge performs the minting and issuance of the corresponding pATOM to the user’s designated Ethereum address.