diff --git a/docs b/docs
index 8d8b69d8..740407c2 160000
--- a/docs
+++ b/docs
@@ -1 +1 @@
-Subproject commit 8d8b69d82482101279460fa02f814d0e4030966f
+Subproject commit 740407c22154634aa0881e6b85e19ad0191e8325
diff --git a/libraries/chain/db_init.cpp b/libraries/chain/db_init.cpp
index 13f4fd4f..7d3cb267 100644
--- a/libraries/chain/db_init.cpp
+++ b/libraries/chain/db_init.cpp
@@ -272,6 +272,7 @@ void database::initialize_evaluators()
    register_evaluator<sidechain_transaction_create_evaluator>();
    register_evaluator<sidechain_transaction_sign_evaluator>();
    register_evaluator<sidechain_transaction_send_evaluator>();
+   register_evaluator<sidechain_transaction_settle_evaluator>();
 }
 
 void database::initialize_indexes()
diff --git a/libraries/chain/db_notify.cpp b/libraries/chain/db_notify.cpp
index f38225e0..1950eaff 100644
--- a/libraries/chain/db_notify.cpp
+++ b/libraries/chain/db_notify.cpp
@@ -347,6 +347,9 @@ struct get_impacted_account_visitor
    void operator()( const sidechain_transaction_send_operation& op ) {
       _impacted.insert( op.payer );
    }
+   void operator()( const sidechain_transaction_settle_operation& op ) {
+      _impacted.insert( op.payer );
+   }
 };
 
 void graphene::chain::operation_get_impacted_accounts( const operation& op, flat_set<account_id_type>& result )
diff --git a/libraries/chain/include/graphene/chain/protocol/operations.hpp b/libraries/chain/include/graphene/chain/protocol/operations.hpp
index e76ef082..f2ced8f7 100644
--- a/libraries/chain/include/graphene/chain/protocol/operations.hpp
+++ b/libraries/chain/include/graphene/chain/protocol/operations.hpp
@@ -159,7 +159,8 @@ namespace graphene { namespace chain {
             sidechain_address_delete_operation,
             sidechain_transaction_create_operation,
             sidechain_transaction_sign_operation,
-            sidechain_transaction_send_operation
+            sidechain_transaction_send_operation,
+            sidechain_transaction_settle_operation
          > operation;
 
    /// @} // operations group
diff --git a/libraries/chain/include/graphene/chain/protocol/sidechain_transaction.hpp b/libraries/chain/include/graphene/chain/protocol/sidechain_transaction.hpp
index 3eb02623..dda3298f 100644
--- a/libraries/chain/include/graphene/chain/protocol/sidechain_transaction.hpp
+++ b/libraries/chain/include/graphene/chain/protocol/sidechain_transaction.hpp
@@ -50,6 +50,19 @@ namespace graphene { namespace chain {
       share_type        calculate_fee( const fee_parameters_type& k )const { return 0; }
    };
 
+   struct sidechain_transaction_settle_operation : public base_operation
+   {
+      struct fee_parameters_type { uint64_t fee = 0; };
+
+      asset fee;
+      account_id_type payer;
+
+      sidechain_transaction_id_type sidechain_transaction_id;
+
+      account_id_type   fee_payer()const { return payer; }
+      share_type        calculate_fee( const fee_parameters_type& k )const { return 0; }
+   };
+
 } } // graphene::chain
 
 FC_REFLECT( graphene::chain::sidechain_transaction_create_operation::fee_parameters_type, (fee) )
@@ -68,3 +81,7 @@ FC_REFLECT( graphene::chain::sidechain_transaction_send_operation::fee_parameter
 FC_REFLECT( graphene::chain::sidechain_transaction_send_operation, (fee)(payer)
         (sidechain_transaction_id)
         (sidechain_transaction) )
+
+FC_REFLECT( graphene::chain::sidechain_transaction_settle_operation::fee_parameters_type, (fee) )
+FC_REFLECT( graphene::chain::sidechain_transaction_settle_operation, (fee)(payer)
+        (sidechain_transaction_id) )
diff --git a/libraries/chain/include/graphene/chain/sidechain_transaction_evaluator.hpp b/libraries/chain/include/graphene/chain/sidechain_transaction_evaluator.hpp
index 3bc64bfa..d0af68fb 100644
--- a/libraries/chain/include/graphene/chain/sidechain_transaction_evaluator.hpp
+++ b/libraries/chain/include/graphene/chain/sidechain_transaction_evaluator.hpp
@@ -31,4 +31,13 @@ public:
     object_id_type do_apply(const sidechain_transaction_send_operation& o);
 };
 
+class sidechain_transaction_settle_evaluator : public evaluator<sidechain_transaction_settle_evaluator>
+{
+public:
+    typedef sidechain_transaction_settle_operation operation_type;
+
+    void_result do_evaluate(const sidechain_transaction_settle_operation& o);
+    object_id_type do_apply(const sidechain_transaction_settle_operation& o);
+};
+
 } } // namespace graphene::chain
\ No newline at end of file
diff --git a/libraries/chain/include/graphene/chain/sidechain_transaction_object.hpp b/libraries/chain/include/graphene/chain/sidechain_transaction_object.hpp
index 984a25a6..e9011ffb 100644
--- a/libraries/chain/include/graphene/chain/sidechain_transaction_object.hpp
+++ b/libraries/chain/include/graphene/chain/sidechain_transaction_object.hpp
@@ -7,6 +7,14 @@
 namespace graphene { namespace chain {
    using namespace graphene::db;
 
+   enum class sidechain_transaction_status {
+      invalid,
+      valid,
+      complete,
+      sent,
+      settled
+   };
+
    /**
     * @class sidechain_transaction_object
     * @brief tracks state of sidechain transaction during signing process.
@@ -28,14 +36,12 @@ namespace graphene { namespace chain {
          uint32_t total_weight = 0;
          uint32_t current_weight = 0;
          uint32_t threshold = 0;
-         bool valid = false;
-         bool complete = false;
-         bool sent = false;
+
+         sidechain_transaction_status status;
    };
 
    struct by_object_id;
-   struct by_sidechain_and_complete;
-   struct by_sidechain_and_complete_and_sent;
+   struct by_sidechain_and_status;
    using sidechain_transaction_multi_index_type = multi_index_container<
       sidechain_transaction_object,
       indexed_by<
@@ -45,17 +51,10 @@ namespace graphene { namespace chain {
          ordered_unique< tag<by_object_id>,
             member<sidechain_transaction_object, object_id_type, &sidechain_transaction_object::object_id>
          >,
-         ordered_non_unique< tag<by_sidechain_and_complete>,
+         ordered_non_unique< tag<by_sidechain_and_status>,
             composite_key<sidechain_transaction_object,
                member<sidechain_transaction_object, sidechain_type, &sidechain_transaction_object::sidechain>,
-               member<sidechain_transaction_object, bool, &sidechain_transaction_object::complete>
-            >
-         >,
-         ordered_non_unique< tag<by_sidechain_and_complete_and_sent>,
-            composite_key<sidechain_transaction_object,
-               member<sidechain_transaction_object, sidechain_type, &sidechain_transaction_object::sidechain>,
-               member<sidechain_transaction_object, bool, &sidechain_transaction_object::complete>,
-               member<sidechain_transaction_object, bool, &sidechain_transaction_object::sent>
+               member<sidechain_transaction_object, sidechain_transaction_status, &sidechain_transaction_object::status>
             >
          >
       >
@@ -63,6 +62,13 @@ namespace graphene { namespace chain {
    using sidechain_transaction_index = generic_index<sidechain_transaction_object, sidechain_transaction_multi_index_type>;
 } } // graphene::chain
 
+FC_REFLECT_ENUM( graphene::chain::sidechain_transaction_status,
+                 (invalid)
+                 (valid)
+                 (complete)
+                 (sent)
+                 (settled) )
+
 FC_REFLECT_DERIVED( graphene::chain::sidechain_transaction_object, (graphene::db::object ),
                     (sidechain)
                     (object_id)
@@ -73,6 +79,4 @@ FC_REFLECT_DERIVED( graphene::chain::sidechain_transaction_object, (graphene::db
                     (total_weight)
                     (current_weight)
                     (threshold)
-                    (valid)
-                    (complete)
-                    (sent) )
+                    (status) )
diff --git a/libraries/chain/sidechain_transaction_evaluator.cpp b/libraries/chain/sidechain_transaction_evaluator.cpp
index 570211dd..124b050d 100644
--- a/libraries/chain/sidechain_transaction_evaluator.cpp
+++ b/libraries/chain/sidechain_transaction_evaluator.cpp
@@ -41,9 +41,7 @@ object_id_type sidechain_transaction_create_evaluator::do_apply(const sidechain_
       sto.sidechain_transaction = "";
       sto.current_weight = 0;
       sto.threshold = sto.total_weight * 2 / 3 + 1;
-      sto.valid = true;
-      sto.complete = false;
-      sto.sent = false;
+      sto.status = sidechain_transaction_status::valid;
    });
    return new_sidechain_transaction_object.id;
 } FC_CAPTURE_AND_RETHROW( ( op ) ) }
@@ -68,9 +66,7 @@ void_result sidechain_transaction_sign_evaluator::do_evaluate(const sidechain_tr
    }
    FC_ASSERT(expected, "Signer not expected");
 
-   FC_ASSERT(sto_obj->valid, "Transaction not valid");
-   FC_ASSERT(!sto_obj->complete, "Transaction signing completed");
-   FC_ASSERT(!sto_obj->sent, "Transaction already sent");
+   FC_ASSERT(sto_obj->status == sidechain_transaction_status::valid, "Invalid transaction status");
 
    return void_result();
 } FC_CAPTURE_AND_RETHROW( ( op ) ) }
@@ -94,7 +90,9 @@ object_id_type sidechain_transaction_sign_evaluator::do_apply(const sidechain_tr
              sto.current_weight = sto.current_weight + sto.signers.at(i).weight;
          }
       }
-      sto.complete = (sto.current_weight >= sto.threshold);
+      if (sto.current_weight >= sto.threshold) {
+          sto.status = sidechain_transaction_status::complete;
+      }
    });
 
    db().modify(son_obj->statistics(db()), [&](son_statistics_object& sso) {
@@ -112,9 +110,7 @@ void_result sidechain_transaction_send_evaluator::do_evaluate(const sidechain_tr
    const auto &sto_obj = sto_idx.find(op.sidechain_transaction_id);
    FC_ASSERT(sto_obj != sto_idx.end(), "Sidechain transaction object not found");
 
-   FC_ASSERT(sto_obj->valid, "Transaction not valid");
-   FC_ASSERT(sto_obj->complete, "Transaction signing not complete");
-   FC_ASSERT(!sto_obj->sent, "Transaction already sent");
+   FC_ASSERT(sto_obj->status == sidechain_transaction_status::complete, "Invalid transaction status");
 
    return void_result();
 } FC_CAPTURE_AND_RETHROW( ( op ) ) }
@@ -126,7 +122,33 @@ object_id_type sidechain_transaction_send_evaluator::do_apply(const sidechain_tr
 
    db().modify(*sto_obj, [&](sidechain_transaction_object &sto) {
       sto.sidechain_transaction = op.sidechain_transaction;
-      sto.sent = true;
+      sto.status = sidechain_transaction_status::sent;
+   });
+
+   return op.sidechain_transaction_id;
+} FC_CAPTURE_AND_RETHROW( ( op ) ) }
+
+
+void_result sidechain_transaction_settle_evaluator::do_evaluate(const sidechain_transaction_settle_operation &op)
+{ try {
+   FC_ASSERT(db().head_block_time() >= HARDFORK_SON_TIME, "Not allowed until SON HARDFORK"); // can be removed after HF date pass
+
+   const auto &sto_idx = db().get_index_type<sidechain_transaction_index>().indices().get<by_id>();
+   const auto &sto_obj = sto_idx.find(op.sidechain_transaction_id);
+   FC_ASSERT(sto_obj != sto_idx.end(), "Sidechain transaction object not found");
+
+   FC_ASSERT(sto_obj->status == sidechain_transaction_status::sent, "Invalid transaction status");
+
+   return void_result();
+} FC_CAPTURE_AND_RETHROW( ( op ) ) }
+
+object_id_type sidechain_transaction_settle_evaluator::do_apply(const sidechain_transaction_settle_operation &op)
+{ try {
+   const auto &sto_idx = db().get_index_type<sidechain_transaction_index>().indices().get<by_id>();
+   auto sto_obj = sto_idx.find(op.sidechain_transaction_id);
+
+   db().modify(*sto_obj, [&](sidechain_transaction_object &sto) {
+      sto.status = sidechain_transaction_status::settled;
    });
 
    return op.sidechain_transaction_id;
diff --git a/libraries/plugins/peerplays_sidechain/CMakeLists.txt b/libraries/plugins/peerplays_sidechain/CMakeLists.txt
index 61e27b94..3e37b6fe 100755
--- a/libraries/plugins/peerplays_sidechain/CMakeLists.txt
+++ b/libraries/plugins/peerplays_sidechain/CMakeLists.txt
@@ -15,12 +15,26 @@ add_library( peerplays_sidechain
              bitcoin/sign_bitcoin_transaction.cpp
            )
 
-if (SUPPORT_MULTIPLE_SONS)
-   message ("Multiple SONs per software instance are supported")
-   target_compile_definitions(peerplays_sidechain PRIVATE SUPPORT_MULTIPLE_SONS)
+if (ENABLE_DEV_FEATURES)
+    set(ENABLE_MULTIPLE_SONS 1)
+    set(ENABLE_PEERPLAYS_ASSET_DEPOSITS 1)
 endif()
-unset(SUPPORT_MULTIPLE_SONS)
-unset(SUPPORT_MULTIPLE_SONS CACHE)
+unset(ENABLE_DEV_FEATURES)
+unset(ENABLE_DEV_FEATURES CACHE)
+
+if (ENABLE_MULTIPLE_SONS)
+   message ("Multiple SONs per software instance are supported")
+   target_compile_definitions(peerplays_sidechain PRIVATE ENABLE_MULTIPLE_SONS)
+endif()
+unset(ENABLE_MULTIPLE_SONS)
+unset(ENABLE_MULTIPLE_SONS CACHE)
+
+if (ENABLE_PEERPLAYS_ASSET_DEPOSITS)
+   message ("Depositing Peerplays assets enabled")
+   target_compile_definitions(peerplays_sidechain PRIVATE ENABLE_PEERPLAYS_ASSET_DEPOSITS)
+endif()
+unset(ENABLE_PEERPLAYS_ASSET_DEPOSITS)
+unset(ENABLE_PEERPLAYS_ASSET_DEPOSITS CACHE)
 
 target_link_libraries( peerplays_sidechain graphene_chain graphene_app fc zmq )
 target_include_directories( peerplays_sidechain
diff --git a/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_handler.hpp b/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_handler.hpp
index 28e2dff9..dc47beda 100644
--- a/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_handler.hpp
+++ b/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_handler.hpp
@@ -35,6 +35,7 @@ public:
    void process_withdrawals();
    void process_sidechain_transactions();
    void send_sidechain_transactions();
+   void settle_sidechain_transactions();
 
    virtual bool process_proposal(const proposal_object &po) = 0;
    virtual void process_primary_wallet() = 0;
@@ -43,6 +44,7 @@ public:
    virtual bool process_withdrawal(const son_wallet_withdraw_object &swwo) = 0;
    virtual std::string process_sidechain_transaction(const sidechain_transaction_object &sto) = 0;
    virtual std::string send_sidechain_transaction(const sidechain_transaction_object &sto) = 0;
+   virtual int64_t settle_sidechain_transaction(const sidechain_transaction_object &sto) = 0;
 
 protected:
    peerplays_sidechain_plugin &plugin;
diff --git a/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_handler_bitcoin.hpp b/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_handler_bitcoin.hpp
index 03c6cb6c..60d0262a 100644
--- a/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_handler_bitcoin.hpp
+++ b/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_handler_bitcoin.hpp
@@ -92,6 +92,7 @@ public:
    bool process_withdrawal(const son_wallet_withdraw_object &swwo);
    std::string process_sidechain_transaction(const sidechain_transaction_object &sto);
    std::string send_sidechain_transaction(const sidechain_transaction_object &sto);
+   int64_t settle_sidechain_transaction(const sidechain_transaction_object &sto);
 
 private:
    std::string ip;
diff --git a/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_handler_peerplays.hpp b/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_handler_peerplays.hpp
index 342d5094..aa094d95 100644
--- a/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_handler_peerplays.hpp
+++ b/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_handler_peerplays.hpp
@@ -20,6 +20,7 @@ public:
    bool process_withdrawal(const son_wallet_withdraw_object &swwo);
    std::string process_sidechain_transaction(const sidechain_transaction_object &sto);
    std::string send_sidechain_transaction(const sidechain_transaction_object &sto);
+   int64_t settle_sidechain_transaction(const sidechain_transaction_object &sto);
 
 private:
    void on_applied_block(const signed_block &b);
diff --git a/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_manager.hpp b/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_manager.hpp
index 3e98c2b1..cbdc344f 100644
--- a/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_manager.hpp
+++ b/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_manager.hpp
@@ -22,6 +22,7 @@ public:
    void process_withdrawals();
    void process_sidechain_transactions();
    void send_sidechain_transactions();
+   void settle_sidechain_transactions();
 
 private:
    peerplays_sidechain_plugin &plugin;
diff --git a/libraries/plugins/peerplays_sidechain/peerplays_sidechain_plugin.cpp b/libraries/plugins/peerplays_sidechain/peerplays_sidechain_plugin.cpp
index 491d516b..24320845 100644
--- a/libraries/plugins/peerplays_sidechain/peerplays_sidechain_plugin.cpp
+++ b/libraries/plugins/peerplays_sidechain/peerplays_sidechain_plugin.cpp
@@ -58,6 +58,7 @@ public:
    void process_withdrawals();
    void process_sidechain_transactions();
    void send_sidechain_transactions();
+   void settle_sidechain_transactions();
 
 private:
    peerplays_sidechain_plugin &plugin;
@@ -142,8 +143,10 @@ void peerplays_sidechain_plugin_impl::plugin_initialize(const boost::program_opt
          boost::insert(sons, fc::json::from_string(options.at("son-ids").as<string>()).as<vector<chain::son_id_type>>(5));
       config_ready_son = config_ready_son && !sons.empty();
 
-#ifndef SUPPORT_MULTIPLE_SONS
-      FC_ASSERT(sons.size() == 1, "Multiple SONs not supported");
+#ifndef ENABLE_MULTIPLE_SONS
+      if (sons.size() > 1) {
+         FC_THROW("Invalid configuration, multiple SON IDs provided");
+      }
 #endif
 
       if (options.count("peerplays-private-key")) {
@@ -343,6 +346,7 @@ void peerplays_sidechain_plugin_impl::heartbeat_loop() {
          chain::signed_transaction trx = d.create_signed_transaction(plugin.get_private_key(son_id), op);
          fc::future<bool> fut = fc::async([&]() {
             try {
+               trx.validate();
                d.push_transaction(trx, database::validation_steps::skip_block_size_check);
                if (plugin.app().p2p_node())
                   plugin.app().p2p_node()->broadcast(net::trx_message(trx));
@@ -414,6 +418,8 @@ void peerplays_sidechain_plugin_impl::son_processing() {
             process_sidechain_transactions();
 
             send_sidechain_transactions();
+
+            settle_sidechain_transactions();
          }
       }
    }
@@ -450,6 +456,7 @@ void peerplays_sidechain_plugin_impl::approve_proposals() {
       chain::signed_transaction trx = plugin.database().create_signed_transaction(plugin.get_private_key(son_id), puo);
       fc::future<bool> fut = fc::async([&]() {
          try {
+            trx.validate();
             plugin.database().push_transaction(trx, database::validation_steps::skip_block_size_check);
             if (plugin.app().p2p_node())
                plugin.app().p2p_node()->broadcast(net::trx_message(trx));
@@ -525,6 +532,7 @@ void peerplays_sidechain_plugin_impl::create_son_down_proposals() {
          chain::signed_transaction trx = d.create_signed_transaction(plugin.get_private_key(get_son_object(my_son_id).signing_key), op);
          fc::future<bool> fut = fc::async([&]() {
             try {
+               trx.validate();
                d.push_transaction(trx, database::validation_steps::skip_block_size_check);
                if (plugin.app().p2p_node())
                   plugin.app().p2p_node()->broadcast(net::trx_message(trx));
@@ -559,6 +567,7 @@ void peerplays_sidechain_plugin_impl::create_son_deregister_proposals() {
                chain::signed_transaction trx = d.create_signed_transaction(plugin.get_private_key(get_son_object(my_son_id).signing_key), *op);
                fc::future<bool> fut = fc::async([&]() {
                   try {
+                     trx.validate();
                      d.push_transaction(trx, database::validation_steps::skip_block_size_check);
                      if (plugin.app().p2p_node())
                         plugin.app().p2p_node()->broadcast(net::trx_message(trx));
@@ -599,6 +608,10 @@ void peerplays_sidechain_plugin_impl::send_sidechain_transactions() {
    net_manager->send_sidechain_transactions();
 }
 
+void peerplays_sidechain_plugin_impl::settle_sidechain_transactions() {
+   net_manager->settle_sidechain_transactions();
+}
+
 void peerplays_sidechain_plugin_impl::on_applied_block(const signed_block &b) {
    if (first_block_skipped) {
       schedule_son_processing();
diff --git a/libraries/plugins/peerplays_sidechain/sidechain_net_handler.cpp b/libraries/plugins/peerplays_sidechain/sidechain_net_handler.cpp
index b7f7ba5d..b769ddfa 100644
--- a/libraries/plugins/peerplays_sidechain/sidechain_net_handler.cpp
+++ b/libraries/plugins/peerplays_sidechain/sidechain_net_handler.cpp
@@ -92,11 +92,6 @@ bool sidechain_net_handler::proposal_exists(int32_t operation_tag, const object_
             break;
          }
 
-         case chain::operation::tag<chain::sidechain_transaction_create_operation>::value: {
-            result = (op_obj_idx_0.get<sidechain_transaction_create_operation>().object_id == object_id);
-            break;
-         }
-
          default:
             return false;
          }
@@ -116,11 +111,12 @@ bool sidechain_net_handler::approve_proposal(const proposal_id_type &proposal_id
    op.proposal = proposal_id;
    op.active_approvals_to_add = {plugin.get_son_object(son_id).son_account};
 
-   signed_transaction tx = database.create_signed_transaction(plugin.get_private_key(son_id), op);
+   signed_transaction trx = database.create_signed_transaction(plugin.get_private_key(son_id), op);
    try {
-      database.push_transaction(tx, database::validation_steps::skip_block_size_check);
+      trx.validate();
+      database.push_transaction(trx, database::validation_steps::skip_block_size_check);
       if (plugin.app().p2p_node())
-         plugin.app().p2p_node()->broadcast(net::trx_message(tx));
+         plugin.app().p2p_node()->broadcast(net::trx_message(trx));
       return true;
    } catch (fc::exception e) {
       elog("Sending approval from ${son_id} for proposal ${proposal_id} failed with exception ${e}",
@@ -151,8 +147,18 @@ void sidechain_net_handler::sidechain_event_data_received(const sidechain_event_
                                   fc::to_string(btc_asset_id.type_id) + "." +
                                   fc::to_string((uint64_t)btc_asset_id.instance);
 
+#ifdef ENABLE_PEERPLAYS_ASSET_DEPOSITS
+   // Accepts BTC and peerplays asset deposits
+   bool deposit_condition = ((sed.peerplays_to == gpo.parameters.son_account()) && (sed.sidechain_currency.compare(btc_asset_id_str) != 0));
+   bool withdraw_condition = ((sed.peerplays_to == gpo.parameters.son_account()) && (sed.sidechain_currency.compare(btc_asset_id_str) == 0));
+#else
+   // Accepts BTC deposits only
+   bool deposit_condition = ((sed.peerplays_to == gpo.parameters.son_account()) && (sed.sidechain_currency.compare("BTC") == 0));
+   bool withdraw_condition = ((sed.peerplays_to == gpo.parameters.son_account()) && (sed.sidechain_currency.compare(btc_asset_id_str) == 0));
+#endif
+
    // Deposit request
-   if ((sed.peerplays_to == gpo.parameters.son_account()) && (sed.sidechain_currency.compare(btc_asset_id_str) != 0)) {
+   if (deposit_condition) {
 
       for (son_id_type son_id : plugin.get_sons()) {
          if (plugin.is_active_son(son_id)) {
@@ -175,6 +181,7 @@ void sidechain_net_handler::sidechain_event_data_received(const sidechain_event_
 
             signed_transaction trx = database.create_signed_transaction(plugin.get_private_key(son_id), op);
             try {
+               trx.validate();
                database.push_transaction(trx, database::validation_steps::skip_block_size_check);
                if (plugin.app().p2p_node())
                   plugin.app().p2p_node()->broadcast(net::trx_message(trx));
@@ -187,7 +194,7 @@ void sidechain_net_handler::sidechain_event_data_received(const sidechain_event_
    }
 
    // Withdrawal request
-   if ((sed.peerplays_to == gpo.parameters.son_account()) && (sed.sidechain_currency.compare(btc_asset_id_str) == 0)) {
+   if (withdraw_condition) {
       // BTC Payout only (for now)
       const auto &sidechain_addresses_idx = database.get_index_type<sidechain_address_index>().indices().get<by_account_and_sidechain>();
       const auto &addr_itr = sidechain_addresses_idx.find(std::make_tuple(sed.peerplays_from, sidechain_type::bitcoin));
@@ -216,6 +223,7 @@ void sidechain_net_handler::sidechain_event_data_received(const sidechain_event_
 
             signed_transaction trx = database.create_signed_transaction(plugin.get_private_key(son_id), op);
             try {
+               trx.validate();
                database.push_transaction(trx, database::validation_steps::skip_block_size_check);
                if (plugin.app().p2p_node())
                   plugin.app().p2p_node()->broadcast(net::trx_message(trx));
@@ -226,8 +234,6 @@ void sidechain_net_handler::sidechain_event_data_received(const sidechain_event_
       }
       return;
    }
-
-   FC_ASSERT(false, "Invalid sidechain event");
 }
 
 void sidechain_net_handler::process_proposals() {
@@ -242,8 +248,6 @@ void sidechain_net_handler::process_proposals() {
       const auto po = idx.find(proposal_id);
       if (po != idx.end()) {
 
-         ilog("Proposal to process: ${po}, SON id ${son_id}", ("po", (*po).id)("son_id", plugin.get_current_son_id()));
-
          if (po->available_active_approvals.find(plugin.get_current_son_object().son_account) != po->available_active_approvals.end()) {
             continue;
          }
@@ -258,6 +262,14 @@ void sidechain_net_handler::process_proposals() {
             op_obj_idx_0 = po->proposed_transaction.operations[0];
          }
 
+         int32_t op_idx_1 = -1;
+         chain::operation op_obj_idx_1;
+
+         if (po->proposed_transaction.operations.size() >= 2) {
+            op_idx_1 = po->proposed_transaction.operations[1].which();
+            op_obj_idx_1 = po->proposed_transaction.operations[1];
+         }
+
          switch (op_idx_0) {
          case chain::operation::tag<chain::son_wallet_update_operation>::value: {
             should_process = (op_obj_idx_0.get<son_wallet_update_operation>().sidechain == sidechain);
@@ -279,14 +291,18 @@ void sidechain_net_handler::process_proposals() {
             const auto &idx = database.get_index_type<son_wallet_withdraw_index>().indices().get<by_id>();
             const auto swwo = idx.find(swwo_id);
             if (swwo != idx.end()) {
-               should_process = (swwo->sidechain == sidechain);
+               should_process = (swwo->withdraw_sidechain == sidechain);
             }
             break;
          }
 
-         case chain::operation::tag<chain::sidechain_transaction_create_operation>::value: {
-            sidechain_type sc = op_obj_idx_0.get<sidechain_transaction_create_operation>().sidechain;
-            should_process = (sc == sidechain);
+         case chain::operation::tag<chain::sidechain_transaction_settle_operation>::value: {
+            sidechain_transaction_id_type st_id = op_obj_idx_0.get<sidechain_transaction_settle_operation>().sidechain_transaction_id;
+            const auto &idx = database.get_index_type<sidechain_transaction_index>().indices().get<by_id>();
+            const auto sto = idx.find(st_id);
+            if (sto != idx.end()) {
+               should_process = (sto->sidechain == sidechain);
+            }
             break;
          }
 
@@ -298,16 +314,10 @@ void sidechain_net_handler::process_proposals() {
          }
 
          if (should_process) {
-            ilog("Proposal ${po} will be processed by sidechain handler ${sidechain}", ("po", (*po).id)("sidechain", sidechain));
             bool should_approve = process_proposal(*po);
             if (should_approve) {
-               ilog("Proposal ${po} will be approved", ("po", *po));
                approve_proposal(po->id, plugin.get_current_son_id());
-            } else {
-               ilog("Proposal ${po} is not approved", ("po", (*po).id));
             }
-         } else {
-            ilog("Proposal ${po} will not be processed by sidechain handler ${sidechain}", ("po", (*po).id)("sidechain", sidechain));
          }
       }
    }
@@ -327,8 +337,9 @@ void sidechain_net_handler::process_deposits() {
    const auto &idx_range = idx.equal_range(std::make_tuple(sidechain, true, false));
 
    std::for_each(idx_range.first, idx_range.second, [&](const son_wallet_deposit_object &swdo) {
-      if (swdo.id == object_id_type(0, 0, 0))
+      if (swdo.id == object_id_type(0, 0, 0)) {
          return;
+      }
 
       ilog("Deposit to process: ${swdo}", ("swdo", swdo));
 
@@ -338,36 +349,6 @@ void sidechain_net_handler::process_deposits() {
          wlog("Deposit not processed: ${swdo}", ("swdo", swdo));
          return;
       }
-
-      const chain::global_property_object &gpo = database.get_global_properties();
-
-      son_wallet_deposit_process_operation swdp_op;
-      swdp_op.payer = gpo.parameters.son_account();
-      swdp_op.son_wallet_deposit_id = swdo.id;
-
-      asset_issue_operation ai_op;
-      ai_op.fee = asset(2001000);
-      ai_op.issuer = gpo.parameters.son_account();
-      price btc_price = database.get<asset_object>(database.get_global_properties().parameters.btc_asset()).options.core_exchange_rate;
-      ai_op.asset_to_issue = asset(swdo.peerplays_asset.amount * btc_price.quote.amount / btc_price.base.amount, database.get_global_properties().parameters.btc_asset());
-      ai_op.issue_to_account = swdo.peerplays_from;
-
-      proposal_create_operation proposal_op;
-      proposal_op.fee_paying_account = plugin.get_current_son_object().son_account;
-      proposal_op.proposed_ops.emplace_back(swdp_op);
-      proposal_op.proposed_ops.emplace_back(ai_op);
-      uint32_t lifetime = (gpo.parameters.block_interval * gpo.active_witnesses.size()) * 3;
-      proposal_op.expiration_time = time_point_sec(database.head_block_time().sec_since_epoch() + lifetime);
-
-      signed_transaction trx = database.create_signed_transaction(plugin.get_private_key(plugin.get_current_son_id()), proposal_op);
-      trx.validate();
-      try {
-         database.push_transaction(trx, database::validation_steps::skip_block_size_check);
-         if (plugin.app().p2p_node())
-            plugin.app().p2p_node()->broadcast(net::trx_message(trx));
-      } catch (fc::exception e) {
-         elog("Sending proposal for son wallet deposit process operation failed with exception ${e}", ("e", e.what()));
-      }
    });
 }
 
@@ -380,8 +361,9 @@ void sidechain_net_handler::process_withdrawals() {
    const auto &idx_range = idx.equal_range(std::make_tuple(sidechain, true, false));
 
    std::for_each(idx_range.first, idx_range.second, [&](const son_wallet_withdraw_object &swwo) {
-      if (swwo.id == object_id_type(0, 0, 0))
+      if (swwo.id == object_id_type(0, 0, 0)) {
          return;
+      }
 
       ilog("Withdraw to process: ${swwo}", ("swwo", swwo));
 
@@ -391,48 +373,20 @@ void sidechain_net_handler::process_withdrawals() {
          wlog("Withdraw not processed: ${swwo}", ("swwo", swwo));
          return;
       }
-
-      const chain::global_property_object &gpo = database.get_global_properties();
-
-      son_wallet_withdraw_process_operation swwp_op;
-      swwp_op.payer = gpo.parameters.son_account();
-      swwp_op.son_wallet_withdraw_id = swwo.id;
-
-      asset_reserve_operation ar_op;
-      ar_op.fee = asset(2001000);
-      ar_op.payer = gpo.parameters.son_account();
-      ar_op.amount_to_reserve = asset(swwo.withdraw_amount, database.get_global_properties().parameters.btc_asset());
-
-      proposal_create_operation proposal_op;
-      proposal_op.fee_paying_account = plugin.get_current_son_object().son_account;
-      proposal_op.proposed_ops.emplace_back(swwp_op);
-      proposal_op.proposed_ops.emplace_back(ar_op);
-      uint32_t lifetime = (gpo.parameters.block_interval * gpo.active_witnesses.size()) * 3;
-      proposal_op.expiration_time = time_point_sec(database.head_block_time().sec_since_epoch() + lifetime);
-
-      signed_transaction trx = database.create_signed_transaction(plugin.get_private_key(plugin.get_current_son_id()), proposal_op);
-      trx.validate();
-      try {
-         database.push_transaction(trx, database::validation_steps::skip_block_size_check);
-         if (plugin.app().p2p_node())
-            plugin.app().p2p_node()->broadcast(net::trx_message(trx));
-      } catch (fc::exception e) {
-         elog("Sending proposal for son wallet withdraw process operation failed with exception ${e}", ("e", e.what()));
-      }
    });
 }
 
 void sidechain_net_handler::process_sidechain_transactions() {
-   const auto &idx = database.get_index_type<sidechain_transaction_index>().indices().get<by_sidechain_and_complete>();
-   const auto &idx_range = idx.equal_range(std::make_tuple(sidechain, false));
+   const auto &idx = database.get_index_type<sidechain_transaction_index>().indices().get<by_sidechain_and_status>();
+   const auto &idx_range = idx.equal_range(std::make_tuple(sidechain, sidechain_transaction_status::valid));
 
    std::for_each(idx_range.first, idx_range.second, [&](const sidechain_transaction_object &sto) {
-      if (sto.id == object_id_type(0, 0, 0))
+      if (sto.id == object_id_type(0, 0, 0)) {
          return;
+      }
 
       ilog("Sidechain transaction to process: ${sto}", ("sto", sto.id));
 
-      bool complete = false;
       std::string processed_sidechain_tx = process_sidechain_transaction(sto);
 
       if (processed_sidechain_tx.empty()) {
@@ -446,8 +400,8 @@ void sidechain_net_handler::process_sidechain_transactions() {
       sts_op.signature = processed_sidechain_tx;
 
       signed_transaction trx = database.create_signed_transaction(plugin.get_private_key(plugin.get_current_son_id()), sts_op);
-      trx.validate();
       try {
+         trx.validate();
          database.push_transaction(trx, database::validation_steps::skip_block_size_check);
          if (plugin.app().p2p_node())
             plugin.app().p2p_node()->broadcast(net::trx_message(trx));
@@ -458,12 +412,13 @@ void sidechain_net_handler::process_sidechain_transactions() {
 }
 
 void sidechain_net_handler::send_sidechain_transactions() {
-   const auto &idx = database.get_index_type<sidechain_transaction_index>().indices().get<by_sidechain_and_complete_and_sent>();
-   const auto &idx_range = idx.equal_range(std::make_tuple(sidechain, true, false));
+   const auto &idx = database.get_index_type<sidechain_transaction_index>().indices().get<by_sidechain_and_status>();
+   const auto &idx_range = idx.equal_range(std::make_tuple(sidechain, sidechain_transaction_status::complete));
 
    std::for_each(idx_range.first, idx_range.second, [&](const sidechain_transaction_object &sto) {
-      if (sto.id == object_id_type(0, 0, 0))
+      if (sto.id == object_id_type(0, 0, 0)) {
          return;
+      }
 
       ilog("Sidechain transaction to send: ${sto}", ("sto", sto.id));
 
@@ -480,8 +435,8 @@ void sidechain_net_handler::send_sidechain_transactions() {
       sts_op.sidechain_transaction = sidechain_transaction;
 
       signed_transaction trx = database.create_signed_transaction(plugin.get_private_key(plugin.get_current_son_id()), sts_op);
-      trx.validate();
       try {
+         trx.validate();
          database.push_transaction(trx, database::validation_steps::skip_block_size_check);
          if (plugin.app().p2p_node())
             plugin.app().p2p_node()->broadcast(net::trx_message(trx));
@@ -491,4 +446,69 @@ void sidechain_net_handler::send_sidechain_transactions() {
    });
 }
 
+void sidechain_net_handler::settle_sidechain_transactions() {
+   const auto &idx = database.get_index_type<sidechain_transaction_index>().indices().get<by_sidechain_and_status>();
+   const auto &idx_range = idx.equal_range(std::make_tuple(sidechain, sidechain_transaction_status::sent));
+
+   std::for_each(idx_range.first, idx_range.second, [&](const sidechain_transaction_object &sto) {
+      if (sto.id == object_id_type(0, 0, 0)) {
+         return;
+      }
+
+      if (proposal_exists(chain::operation::tag<chain::sidechain_transaction_settle_operation>::value, sto.id)) {
+         return;
+      }
+
+      ilog("Sidechain transaction to settle: ${sto}", ("sto", sto.id));
+
+      int64_t settle_amount = settle_sidechain_transaction(sto);
+
+      if (settle_amount < 0) {
+         wlog("Sidechain transaction not settled: ${sto}", ("sto", sto.id));
+         return;
+      }
+
+      const chain::global_property_object &gpo = database.get_global_properties();
+
+      proposal_create_operation proposal_op;
+      proposal_op.fee_paying_account = plugin.get_current_son_object().son_account;
+      uint32_t lifetime = (gpo.parameters.block_interval * gpo.active_witnesses.size()) * 3;
+      proposal_op.expiration_time = time_point_sec(database.head_block_time().sec_since_epoch() + lifetime);
+
+      sidechain_transaction_settle_operation sts_op;
+      sts_op.payer = gpo.parameters.son_account();
+      sts_op.sidechain_transaction_id = sto.id;
+      proposal_op.proposed_ops.emplace_back(sts_op);
+
+      if (settle_amount != 0) {
+         if (sto.object_id.is<son_wallet_deposit_id_type>()) {
+            asset_issue_operation ai_op;
+            ai_op.fee = asset(2001000);
+            ai_op.issuer = gpo.parameters.son_account();
+            ai_op.asset_to_issue = asset(settle_amount, database.get_global_properties().parameters.btc_asset());
+            ai_op.issue_to_account = database.get<son_wallet_deposit_object>(sto.object_id).peerplays_from;
+            proposal_op.proposed_ops.emplace_back(ai_op);
+         }
+
+         if (sto.object_id.is<son_wallet_withdraw_id_type>()) {
+            asset_reserve_operation ar_op;
+            ar_op.fee = asset(2001000);
+            ar_op.payer = gpo.parameters.son_account();
+            ar_op.amount_to_reserve = asset(settle_amount, database.get_global_properties().parameters.btc_asset());
+            proposal_op.proposed_ops.emplace_back(ar_op);
+         }
+      }
+
+      signed_transaction trx = database.create_signed_transaction(plugin.get_private_key(plugin.get_current_son_id()), proposal_op);
+      try {
+         trx.validate();
+         database.push_transaction(trx, database::validation_steps::skip_block_size_check);
+         if (plugin.app().p2p_node())
+            plugin.app().p2p_node()->broadcast(net::trx_message(trx));
+      } catch (fc::exception e) {
+         elog("Sending proposal for sidechain transaction settle operation failed with exception ${e}", ("e", e.what()));
+      }
+   });
+}
+
 }} // namespace graphene::peerplays_sidechain
diff --git a/libraries/plugins/peerplays_sidechain/sidechain_net_handler_bitcoin.cpp b/libraries/plugins/peerplays_sidechain/sidechain_net_handler_bitcoin.cpp
index ed410244..92c0b445 100644
--- a/libraries/plugins/peerplays_sidechain/sidechain_net_handler_bitcoin.cpp
+++ b/libraries/plugins/peerplays_sidechain/sidechain_net_handler_bitcoin.cpp
@@ -1015,6 +1015,8 @@ bool sidechain_net_handler_bitcoin::process_proposal(const proposal_object &po)
    }
 
    case chain::operation::tag<chain::son_wallet_deposit_process_operation>::value: {
+      bool process_ok = false;
+      bool transaction_ok = false;
       son_wallet_deposit_id_type swdo_id = op_obj_idx_0.get<son_wallet_deposit_process_operation>().son_wallet_deposit_id;
       const auto &idx = database.get_index_type<son_wallet_deposit_index>().indices().get<by_id>();
       const auto swdo = idx.find(swdo_id);
@@ -1035,8 +1037,8 @@ bool sidechain_net_handler_bitcoin::process_proposal(const proposal_object &po)
             std::string tx_txid = tx_json.get<std::string>("result.txid");
             uint32_t tx_confirmations = tx_json.get<uint32_t>("result.confirmations");
             std::string tx_address = "";
-            uint64_t tx_amount = 0;
-            uint64_t tx_vout = 0;
+            int64_t tx_amount = -1;
+            int64_t tx_vout = -1;
 
             for (auto &input : tx_json.get_child("result.details")) {
                tx_address = input.second.get<std::string>("address");
@@ -1050,49 +1052,104 @@ bool sidechain_net_handler_bitcoin::process_proposal(const proposal_object &po)
                }
             }
 
-            should_approve = (swdo_txid == tx_txid) &&
-                             (swdo_address == tx_address) &&
-                             (swdo_amount == tx_amount) &&
-                             (swdo_vout == tx_vout) &&
-                             (gpo.parameters.son_bitcoin_min_tx_confirmations() <= tx_confirmations);
+            process_ok = (swdo_txid == tx_txid) &&
+                         (swdo_address == tx_address) &&
+                         (swdo_amount == tx_amount) &&
+                         (swdo_vout == tx_vout) &&
+                         (gpo.parameters.son_bitcoin_min_tx_confirmations() <= tx_confirmations);
+         }
+
+         object_id_type object_id = op_obj_idx_1.get<sidechain_transaction_create_operation>().object_id;
+         std::string op_tx_str = op_obj_idx_1.get<sidechain_transaction_create_operation>().transaction;
+
+         const auto &st_idx = database.get_index_type<sidechain_transaction_index>().indices().get<by_object_id>();
+         const auto st = st_idx.find(object_id);
+         if (st == st_idx.end()) {
+
+            std::string tx_str = "";
+
+            if (object_id.is<son_wallet_deposit_id_type>()) {
+               const auto &idx = database.get_index_type<son_wallet_deposit_index>().indices().get<by_id>();
+               const auto swdo = idx.find(object_id);
+               if (swdo != idx.end()) {
+                  tx_str = create_deposit_transaction(*swdo);
+               }
+            }
+
+            if (object_id.is<son_wallet_withdraw_id_type>()) {
+               const auto &idx = database.get_index_type<son_wallet_withdraw_index>().indices().get<by_id>();
+               const auto swwo = idx.find(object_id);
+               if (swwo != idx.end()) {
+                  tx_str = create_withdrawal_transaction(*swwo);
+               }
+            }
+
+            transaction_ok = (op_tx_str == tx_str);
          }
       }
+
+      should_approve = process_ok &&
+                       transaction_ok;
       break;
    }
 
    case chain::operation::tag<chain::son_wallet_withdraw_process_operation>::value: {
-      should_approve = false;
+      bool process_ok = false;
+      bool transaction_ok = false;
+      son_wallet_withdraw_id_type swwo_id = op_obj_idx_0.get<son_wallet_withdraw_process_operation>().son_wallet_withdraw_id;
+      const auto &idx = database.get_index_type<son_wallet_withdraw_index>().indices().get<by_id>();
+      const auto swwo = idx.find(swwo_id);
+      if (swwo != idx.end()) {
+
+         uint32_t swwo_block_num = swwo->block_num;
+         std::string swwo_peerplays_transaction_id = swwo->peerplays_transaction_id;
+         uint32_t swwo_op_idx = std::stoll(swwo->peerplays_uid.substr(swwo->peerplays_uid.find_last_of("-") + 1));
+
+         const auto &block = database.fetch_block_by_number(swwo_block_num);
+
+         for (const auto &tx : block->transactions) {
+            if (tx.id().str() == swwo_peerplays_transaction_id) {
+               operation op = tx.operations[swwo_op_idx];
+               transfer_operation t_op = op.get<transfer_operation>();
+
+               price asset_price = database.get<asset_object>(t_op.amount.asset_id).options.core_exchange_rate;
+               asset peerplays_asset = asset(t_op.amount.amount * asset_price.base.amount / asset_price.quote.amount);
+
+               process_ok = (t_op.to == gpo.parameters.son_account()) &&
+                            (swwo->peerplays_from == t_op.from) &&
+                            (swwo->peerplays_asset == peerplays_asset);
+               break;
+            }
+         }
+
+         object_id_type object_id = op_obj_idx_1.get<sidechain_transaction_create_operation>().object_id;
+         std::string op_tx_str = op_obj_idx_1.get<sidechain_transaction_create_operation>().transaction;
+
+         const auto &st_idx = database.get_index_type<sidechain_transaction_index>().indices().get<by_object_id>();
+         const auto st = st_idx.find(object_id);
+         if (st == st_idx.end()) {
+
+            std::string tx_str = "";
+
+            if (object_id.is<son_wallet_withdraw_id_type>()) {
+               const auto &idx = database.get_index_type<son_wallet_withdraw_index>().indices().get<by_id>();
+               const auto swwo = idx.find(object_id);
+               if (swwo != idx.end()) {
+                  tx_str = create_withdrawal_transaction(*swwo);
+               }
+            }
+
+            transaction_ok = (op_tx_str == tx_str);
+         }
+      }
+
+      should_approve = process_ok &&
+                       transaction_ok;
       break;
    }
 
-   case chain::operation::tag<chain::sidechain_transaction_create_operation>::value: {
-      object_id_type object_id = op_obj_idx_0.get<sidechain_transaction_create_operation>().object_id;
-      std::string op_tx_str = op_obj_idx_0.get<sidechain_transaction_create_operation>().transaction;
-
-      const auto &st_idx = database.get_index_type<sidechain_transaction_index>().indices().get<by_object_id>();
-      const auto st = st_idx.find(object_id);
-      if (st == st_idx.end()) {
-
-         std::string tx_str = "";
-
-         if (object_id.is<son_wallet_deposit_id_type>()) {
-            const auto &idx = database.get_index_type<son_wallet_deposit_index>().indices().get<by_id>();
-            const auto swdo = idx.find(object_id);
-            if (swdo != idx.end()) {
-               tx_str = create_deposit_transaction(*swdo);
-            }
-         }
-
-         if (object_id.is<son_wallet_withdraw_id_type>()) {
-            const auto &idx = database.get_index_type<son_wallet_withdraw_index>().indices().get<by_id>();
-            const auto swwo = idx.find(object_id);
-            if (swwo != idx.end()) {
-               tx_str = create_withdrawal_transaction(*swwo);
-            }
-         }
-
-         should_approve = (op_tx_str == tx_str);
-      }
+   case chain::operation::tag<chain::sidechain_transaction_settle_operation>::value: {
+      should_approve = true;
       break;
    }
 
@@ -1161,6 +1218,7 @@ void sidechain_net_handler_bitcoin::process_primary_wallet() {
 
             signed_transaction trx = database.create_signed_transaction(plugin.get_private_key(plugin.get_current_son_id()), proposal_op);
             try {
+               trx.validate();
                database.push_transaction(trx, database::validation_steps::skip_block_size_check);
                if (plugin.app().p2p_node())
                   plugin.app().p2p_node()->broadcast(net::trx_message(trx));
@@ -1204,8 +1262,8 @@ void sidechain_net_handler_bitcoin::process_sidechain_addresses() {
                     op.withdraw_address = sao.withdraw_address;
 
                     signed_transaction trx = database.create_signed_transaction(plugin.get_private_key(plugin.get_current_son_id()), op);
-                    trx.validate();
                     try {
+                       trx.validate();
                        database.push_transaction(trx, database::validation_steps::skip_block_size_check);
                        if (plugin.app().p2p_node())
                           plugin.app().p2p_node()->broadcast(net::trx_message(trx));
@@ -1228,22 +1286,27 @@ bool sidechain_net_handler_bitcoin::process_deposit(const son_wallet_deposit_obj
    if (!tx_str.empty()) {
       const chain::global_property_object &gpo = database.get_global_properties();
 
+      proposal_create_operation proposal_op;
+      proposal_op.fee_paying_account = plugin.get_current_son_object().son_account;
+      uint32_t lifetime = (gpo.parameters.block_interval * gpo.active_witnesses.size()) * 3;
+      proposal_op.expiration_time = time_point_sec(database.head_block_time().sec_since_epoch() + lifetime);
+
+      son_wallet_deposit_process_operation swdp_op;
+      swdp_op.payer = gpo.parameters.son_account();
+      swdp_op.son_wallet_deposit_id = swdo.id;
+      proposal_op.proposed_ops.emplace_back(swdp_op);
+
       sidechain_transaction_create_operation stc_op;
       stc_op.payer = gpo.parameters.son_account();
       stc_op.object_id = swdo.id;
       stc_op.sidechain = sidechain;
       stc_op.transaction = tx_str;
       stc_op.signers = gpo.active_sons;
-
-      proposal_create_operation proposal_op;
-      proposal_op.fee_paying_account = plugin.get_current_son_object().son_account;
       proposal_op.proposed_ops.emplace_back(stc_op);
-      uint32_t lifetime = (gpo.parameters.block_interval * gpo.active_witnesses.size()) * 3;
-      proposal_op.expiration_time = time_point_sec(database.head_block_time().sec_since_epoch() + lifetime);
 
       signed_transaction trx = database.create_signed_transaction(plugin.get_private_key(plugin.get_current_son_id()), proposal_op);
-      trx.validate();
       try {
+         trx.validate();
          database.push_transaction(trx, database::validation_steps::skip_block_size_check);
          if (plugin.app().p2p_node())
             plugin.app().p2p_node()->broadcast(net::trx_message(trx));
@@ -1267,22 +1330,27 @@ bool sidechain_net_handler_bitcoin::process_withdrawal(const son_wallet_withdraw
    if (!tx_str.empty()) {
       const chain::global_property_object &gpo = database.get_global_properties();
 
+      proposal_create_operation proposal_op;
+      proposal_op.fee_paying_account = plugin.get_current_son_object().son_account;
+      uint32_t lifetime = (gpo.parameters.block_interval * gpo.active_witnesses.size()) * 3;
+      proposal_op.expiration_time = time_point_sec(database.head_block_time().sec_since_epoch() + lifetime);
+
+      son_wallet_withdraw_process_operation swwp_op;
+      swwp_op.payer = gpo.parameters.son_account();
+      swwp_op.son_wallet_withdraw_id = swwo.id;
+      proposal_op.proposed_ops.emplace_back(swwp_op);
+
       sidechain_transaction_create_operation stc_op;
       stc_op.payer = gpo.parameters.son_account();
       stc_op.object_id = swwo.id;
       stc_op.sidechain = sidechain;
       stc_op.transaction = tx_str;
       stc_op.signers = gpo.active_sons;
-
-      proposal_create_operation proposal_op;
-      proposal_op.fee_paying_account = plugin.get_current_son_object().son_account;
       proposal_op.proposed_ops.emplace_back(stc_op);
-      uint32_t lifetime = (gpo.parameters.block_interval * gpo.active_witnesses.size()) * 3;
-      proposal_op.expiration_time = time_point_sec(database.head_block_time().sec_since_epoch() + lifetime);
 
       signed_transaction trx = database.create_signed_transaction(plugin.get_private_key(plugin.get_current_son_id()), proposal_op);
-      trx.validate();
       try {
+         trx.validate();
          database.push_transaction(trx, database::validation_steps::skip_block_size_check);
          if (plugin.app().p2p_node())
             plugin.app().p2p_node()->broadcast(net::trx_message(trx));
@@ -1303,6 +1371,55 @@ std::string sidechain_net_handler_bitcoin::send_sidechain_transaction(const side
    return send_transaction(sto);
 }
 
+int64_t sidechain_net_handler_bitcoin::settle_sidechain_transaction(const sidechain_transaction_object &sto) {
+
+   if (sto.object_id.is<son_wallet_id_type>()) {
+      return 0;
+   }
+
+   int64_t settle_amount = -1;
+
+   if (sto.sidechain_transaction.empty()) {
+      return settle_amount;
+   }
+
+   std::string tx_str = bitcoin_client->gettransaction(sto.sidechain_transaction, true);
+   std::stringstream tx_ss(tx_str);
+   boost::property_tree::ptree tx_json;
+   boost::property_tree::read_json(tx_ss, tx_json);
+
+   if ((tx_json.count("error")) && (!tx_json.get_child("error").empty())) {
+      return settle_amount;
+   }
+
+   std::string tx_txid = tx_json.get<std::string>("result.txid");
+   uint32_t tx_confirmations = tx_json.get<uint32_t>("result.confirmations");
+   std::string tx_address = "";
+   int64_t tx_amount = -1;
+
+   const chain::global_property_object &gpo = database.get_global_properties();
+
+   if (tx_confirmations >= gpo.parameters.son_bitcoin_min_tx_confirmations()) {
+      if (sto.object_id.is<son_wallet_deposit_id_type>()) {
+         for (auto &input : tx_json.get_child("result.details")) {
+            if (input.second.get<std::string>("category") == "receive") {
+               std::string tx_amount_s = input.second.get<std::string>("amount");
+               tx_amount_s.erase(std::remove(tx_amount_s.begin(), tx_amount_s.end(), '.'), tx_amount_s.end());
+               tx_amount = std::stoll(tx_amount_s);
+               break;
+            }
+         }
+         settle_amount = tx_amount;
+      }
+
+      if (sto.object_id.is<son_wallet_withdraw_id_type>()) {
+         auto swwo = database.get<son_wallet_withdraw_object>(sto.object_id);
+         settle_amount = swwo.withdraw_amount.value;
+      }
+   }
+   return settle_amount;
+}
+
 std::string sidechain_net_handler_bitcoin::create_primary_wallet_address(const std::vector<son_info> &son_pubkeys) {
    using namespace bitcoin;
 
@@ -1321,7 +1438,6 @@ std::string sidechain_net_handler_bitcoin::create_primary_wallet_address(const s
       << "}, \"error\":null}";
 
    std::string res = ss.str();
-   ilog("Weighted Multisig Address = ${a}", ("a", res));
    return res;
 }
 
@@ -1452,7 +1568,6 @@ std::string sidechain_net_handler_bitcoin::create_withdrawal_transaction(const s
    return create_transaction(inputs, outputs, redeem_script);
 }
 
-// Function to actually create transaction should return transaction string, or empty string in case of failure
 std::string sidechain_net_handler_bitcoin::create_transaction(const std::vector<btc_txout> &inputs, const fc::flat_map<std::string, double> outputs, std::string &redeem_script) {
    using namespace bitcoin;
 
@@ -1474,12 +1589,9 @@ std::string sidechain_net_handler_bitcoin::create_transaction(const std::vector<
    const auto tx = tb.get_transaction();
    std::string hex_tx = fc::to_hex(pack(tx));
    std::string tx_raw = write_transaction_data(hex_tx, in_amounts, redeem_script);
-   ilog("Raw transaction ${tx}", ("tx", tx_raw));
    return tx_raw;
 }
 
-// Adds signature to transaction
-// Function to actually add signature should return transaction with added signature string, or empty string in case of failure
 std::string sidechain_net_handler_bitcoin::sign_transaction(const sidechain_transaction_object &sto) {
    using namespace bitcoin;
    std::string pubkey = plugin.get_current_son_object().sidechain_public_keys.at(sidechain);
@@ -1498,15 +1610,11 @@ std::string sidechain_net_handler_bitcoin::sign_transaction(const sidechain_tran
 
    read_transaction_data(sto.transaction, tx_hex, in_amounts, redeem_script);
 
-   ilog("Sign transaction retreived: ${s}", ("s", tx_hex));
-
    bitcoin_transaction tx = unpack(parse_hex(tx_hex));
    std::vector<bitcoin::bytes> redeem_scripts(tx.vin.size(), parse_hex(redeem_script));
    auto sigs = sign_witness_transaction_part(tx, redeem_scripts, in_amounts, privkey_signing, btc_context(), 1);
    std::string tx_signature = write_transaction_signatures(sigs);
 
-   ilog("Signatures: son-id = ${son}, pkey = ${prvkey}, tx_signature = ${s}", ("son", plugin.get_current_son_id())("prvkey", prvkey)("s", tx_signature));
-
    return tx_signature;
 }
 
@@ -1518,8 +1626,6 @@ std::string sidechain_net_handler_bitcoin::send_transaction(const sidechain_tran
 
    read_transaction_data(sto.transaction, tx_hex, in_amounts, redeem_script);
 
-   ilog("Send transaction retreived: ${s}", ("s", tx_hex));
-
    bitcoin_transaction tx = unpack(parse_hex(tx_hex));
 
    std::vector<bitcoin::bytes> redeem_scripts(tx.vin.size(), parse_hex(redeem_script));
@@ -1547,8 +1653,6 @@ std::string sidechain_net_handler_bitcoin::send_transaction(const sidechain_tran
    std::string final_tx_hex = fc::to_hex(pack(tx));
    std::string res = bitcoin_client->sendrawtransaction(final_tx_hex);
 
-   ilog("Send transaction: ${tx}, [${res}]", ("tx", final_tx_hex)("res", res));
-
    return res;
 }
 
@@ -1692,5 +1796,4 @@ void sidechain_net_handler_bitcoin::on_changed_objects_cb(const vector<object_id
 }
 
 // =============================================================================
-
 }} // namespace graphene::peerplays_sidechain
diff --git a/libraries/plugins/peerplays_sidechain/sidechain_net_handler_peerplays.cpp b/libraries/plugins/peerplays_sidechain/sidechain_net_handler_peerplays.cpp
index 2f8bb932..6e565a7f 100644
--- a/libraries/plugins/peerplays_sidechain/sidechain_net_handler_peerplays.cpp
+++ b/libraries/plugins/peerplays_sidechain/sidechain_net_handler_peerplays.cpp
@@ -8,6 +8,7 @@
 #include <boost/property_tree/ptree.hpp>
 
 #include <fc/crypto/base64.hpp>
+#include <fc/crypto/hex.hpp>
 #include <fc/log/logger.hpp>
 #include <fc/network/ip.hpp>
 
@@ -15,12 +16,26 @@
 #include <graphene/chain/protocol/son_wallet.hpp>
 #include <graphene/chain/son_info.hpp>
 #include <graphene/chain/son_wallet_object.hpp>
+#include <graphene/utilities/key_conversion.hpp>
 
 namespace graphene { namespace peerplays_sidechain {
 
 sidechain_net_handler_peerplays::sidechain_net_handler_peerplays(peerplays_sidechain_plugin &_plugin, const boost::program_options::variables_map &options) :
       sidechain_net_handler(_plugin, options) {
    sidechain = sidechain_type::peerplays;
+
+   if (options.count("peerplays-private-key")) {
+      const std::vector<std::string> pub_priv_keys = options["peerplays-private-key"].as<std::vector<std::string>>();
+      for (const std::string &itr_key_pair : pub_priv_keys) {
+         auto key_pair = graphene::app::dejsonify<std::pair<std::string, std::string>>(itr_key_pair, 5);
+         ilog("Peerplays Public Key: ${public}", ("public", key_pair.first));
+         if (!key_pair.first.length() || !key_pair.second.length()) {
+            FC_THROW("Invalid public private key pair.");
+         }
+         private_keys[key_pair.first] = key_pair.second;
+      }
+   }
+
    database.applied_block.connect([&](const signed_block &b) {
       on_applied_block(b);
    });
@@ -85,37 +100,12 @@ bool sidechain_net_handler_peerplays::process_proposal(const proposal_object &po
    }
 
    case chain::operation::tag<chain::son_wallet_withdraw_process_operation>::value: {
-      son_wallet_withdraw_id_type swwo_id = op_obj_idx_0.get<son_wallet_withdraw_process_operation>().son_wallet_withdraw_id;
-      const auto &idx = database.get_index_type<son_wallet_withdraw_index>().indices().get<by_id>();
-      const auto swwo = idx.find(swwo_id);
-      if (swwo != idx.end()) {
-
-         uint32_t swwo_block_num = swwo->block_num;
-         std::string swwo_peerplays_transaction_id = swwo->peerplays_transaction_id;
-         uint32_t swwo_op_idx = std::stoll(swwo->peerplays_uid.substr(swwo->peerplays_uid.find_last_of("-") + 1));
-
-         const auto &block = database.fetch_block_by_number(swwo_block_num);
-
-         for (const auto &tx : block->transactions) {
-            if (tx.id().str() == swwo_peerplays_transaction_id) {
-               operation op = tx.operations[swwo_op_idx];
-               transfer_operation t_op = op.get<transfer_operation>();
-
-               price asset_price = database.get<asset_object>(t_op.amount.asset_id).options.core_exchange_rate;
-               asset peerplays_asset = asset(t_op.amount.amount * asset_price.base.amount / asset_price.quote.amount);
-
-               should_approve = (t_op.to == gpo.parameters.son_account()) &&
-                                (swwo->peerplays_from == t_op.from) &&
-                                (swwo->peerplays_asset == peerplays_asset);
-               break;
-            }
-         }
-      }
+      should_approve = false;
       break;
    }
 
-   case chain::operation::tag<chain::sidechain_transaction_create_operation>::value: {
-      should_approve = false;
+   case chain::operation::tag<chain::sidechain_transaction_settle_operation>::value: {
+      should_approve = true;
       break;
    }
 
@@ -138,7 +128,55 @@ void sidechain_net_handler_peerplays::process_sidechain_addresses() {
 }
 
 bool sidechain_net_handler_peerplays::process_deposit(const son_wallet_deposit_object &swdo) {
-   return true;
+
+   const chain::global_property_object &gpo = database.get_global_properties();
+
+   asset_issue_operation ai_op;
+   ai_op.issuer = gpo.parameters.son_account();
+   price btc_price = database.get<asset_object>(database.get_global_properties().parameters.btc_asset()).options.core_exchange_rate;
+   ai_op.asset_to_issue = asset(swdo.peerplays_asset.amount * btc_price.quote.amount / btc_price.base.amount, database.get_global_properties().parameters.btc_asset());
+   ai_op.issue_to_account = swdo.peerplays_from;
+
+   signed_transaction tx;
+   auto dyn_props = database.get_dynamic_global_properties();
+   tx.set_reference_block(dyn_props.head_block_id);
+   tx.set_expiration(database.head_block_time() + gpo.parameters.maximum_time_until_expiration);
+   tx.operations.push_back(ai_op);
+   database.current_fee_schedule().set_fee(tx.operations.back());
+
+   std::stringstream ss;
+   fc::raw::pack(ss, tx, 1000);
+   std::string tx_str = boost::algorithm::hex(ss.str());
+
+   if (!tx_str.empty()) {
+      const chain::global_property_object &gpo = database.get_global_properties();
+
+      sidechain_transaction_create_operation stc_op;
+      stc_op.payer = gpo.parameters.son_account();
+      stc_op.object_id = swdo.id;
+      stc_op.sidechain = sidechain;
+      stc_op.transaction = tx_str;
+      stc_op.signers = gpo.active_sons;
+
+      proposal_create_operation proposal_op;
+      proposal_op.fee_paying_account = plugin.get_current_son_object().son_account;
+      proposal_op.proposed_ops.emplace_back(stc_op);
+      uint32_t lifetime = (gpo.parameters.block_interval * gpo.active_witnesses.size()) * 3;
+      proposal_op.expiration_time = time_point_sec(database.head_block_time().sec_since_epoch() + lifetime);
+
+      signed_transaction trx = database.create_signed_transaction(plugin.get_private_key(plugin.get_current_son_id()), proposal_op);
+      try {
+         trx.validate();
+         database.push_transaction(trx, database::validation_steps::skip_block_size_check);
+         if (plugin.app().p2p_node())
+            plugin.app().p2p_node()->broadcast(net::trx_message(trx));
+         return true;
+      } catch (fc::exception e) {
+         elog("Sending proposal for deposit sidechain transaction create operation failed with exception ${e}", ("e", e.what()));
+         return false;
+      }
+   }
+   return false;
 }
 
 bool sidechain_net_handler_peerplays::process_withdrawal(const son_wallet_withdraw_object &swwo) {
@@ -146,11 +184,55 @@ bool sidechain_net_handler_peerplays::process_withdrawal(const son_wallet_withdr
 }
 
 std::string sidechain_net_handler_peerplays::process_sidechain_transaction(const sidechain_transaction_object &sto) {
-   return sto.transaction;
+
+   std::stringstream ss_trx(boost::algorithm::unhex(sto.transaction));
+   signed_transaction trx;
+   fc::raw::unpack(ss_trx, trx, 1000);
+
+   fc::optional<fc::ecc::private_key> privkey = graphene::utilities::wif_to_key(get_private_key(plugin.get_current_son_object().sidechain_public_keys.at(sidechain)));
+   signature_type st = trx.sign(*privkey, database.get_chain_id());
+
+   std::stringstream ss_st;
+   fc::raw::pack(ss_st, st, 1000);
+   std::string st_str = boost::algorithm::hex(ss_st.str());
+
+   return st_str;
 }
 
 std::string sidechain_net_handler_peerplays::send_sidechain_transaction(const sidechain_transaction_object &sto) {
-   return sto.transaction;
+
+   std::stringstream ss_trx(boost::algorithm::unhex(sto.transaction));
+   signed_transaction trx;
+   fc::raw::unpack(ss_trx, trx, 1000);
+
+   for (auto signature : sto.signatures) {
+      if (!signature.second.empty()) {
+         std::stringstream ss_st(boost::algorithm::unhex(signature.second));
+         signature_type st;
+         fc::raw::unpack(ss_st, st, 1000);
+
+         trx.signatures.push_back(st);
+         trx.signees.clear();
+      }
+   }
+
+   try {
+      trx.validate();
+      database.push_transaction(trx, database::validation_steps::skip_block_size_check);
+      if (plugin.app().p2p_node())
+         plugin.app().p2p_node()->broadcast(net::trx_message(trx));
+      return trx.id().str();
+   } catch (fc::exception e) {
+      elog("Sidechain transaction failed with exception ${e}", ("e", e.what()));
+      return "";
+   }
+
+   return "";
+}
+
+int64_t sidechain_net_handler_peerplays::settle_sidechain_transaction(const sidechain_transaction_object &sto) {
+   int64_t settle_amount = 0;
+   return settle_amount;
 }
 
 void sidechain_net_handler_peerplays::on_applied_block(const signed_block &b) {
diff --git a/libraries/plugins/peerplays_sidechain/sidechain_net_manager.cpp b/libraries/plugins/peerplays_sidechain/sidechain_net_manager.cpp
index ede60bd4..8de60981 100644
--- a/libraries/plugins/peerplays_sidechain/sidechain_net_manager.cpp
+++ b/libraries/plugins/peerplays_sidechain/sidechain_net_manager.cpp
@@ -75,4 +75,10 @@ void sidechain_net_manager::send_sidechain_transactions() {
    }
 }
 
+void sidechain_net_manager::settle_sidechain_transactions() {
+   for (size_t i = 0; i < net_handlers.size(); i++) {
+      net_handlers.at(i)->settle_sidechain_transactions();
+   }
+}
+
 }} // namespace graphene::peerplays_sidechain