Multi-blockchain token rebalancer

A non-transitory computer-readable storage medium storing instruction that, when executed by a processor of a processing system, cause the processing system to perform a method, the method comprising:

• determining a target ratio defining a proportion of an amount of a token allowed to be maintained on each blockchain of a plurality of blockchains on which the token is minted relative to a total extant amount of the token across the plurality of blockchains, wherein the target ratio is determined based at least in part on one or more of (1) transaction volumes associated with the token on each blockchain of the plurality of blockchains or (2) an aggregate amount of tokens involved in transactions performed on each blockchain of the plurality of blockchains;
• receiving a signal at a periodic check interval to check a token balance for a first blockchain of the plurality of blockchains;
• generating a periodic query for a current amount of the token on the first blockchain;
• based on the receiving the signal, receiving the current amount of the token on the first blockchain, wherein the current amount of the token includes tokens pending token minting transactions on the first blockchain and excludes tokens pending token burning transactions on the first blockchain;
• comparing the current amount to the target ratio and generating a ratio difference;
• and
• executing a periodic rebalancing transaction on the first blockchain, based on the ratio difference exceeding a threshold ratio difference, the executing comprising:
• adjusting, via one or more token minting or token burning transactions, the amount of the token present on the first blockchain such that a ratio of the adjusted amount of the token present on the first blockchain to the total extant amount of the token complies with the target ratio, and
• based on the adjusting the amount of the token present on the first blockchain, executing one or more corresponding token burning or token minting transactions on one or more other blockchains of the plurality of blockchains such that a total amount of the token present across the plurality of blockchains after executing the periodic rebalancing transaction equals the total extant amount of the token.