(b) Also, when a new bridge between two blockchains is created, the SMPC nodes connect to a new smart contract on the destination chain for Wrapped Assets. This contract can be created by third party or the Multichain team. It is used to mint new tokens on the destination chain, or to burn them when assets are redeemed to their origin chain. This contract is either AnyswapV5ERC20.sol, or a contract adapted from this to include custom code required by a project, such as transaction tax etc.