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 0a942a76..3499111e 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/config.hpp b/libraries/chain/include/graphene/chain/config.hpp
index d8b64028..572771d8 100644
--- a/libraries/chain/include/graphene/chain/config.hpp
+++ b/libraries/chain/include/graphene/chain/config.hpp
@@ -234,7 +234,7 @@
 #define SON_DEREGISTER_TIME                                 (60*60*12) // 12 Hours in seconds
 #define SON_HEARTBEAT_FREQUENCY                             (60*3) // 3 minutes in seconds
 #define SON_DOWN_TIME                                       (60*3*2) // 2 Heartbeats in seconds
-#define SON_BITCOIN_MIN_TX_CONFIRMATIONS                    (1)
+#define SON_BITCOIN_MIN_TX_CONFIRMATIONS                    (6)
 #define SON_PAY_TIME                                        (60*60*24) // 1 day
 #define SON_PAY_MAX                                         (GRAPHENE_BLOCKCHAIN_PRECISION * int64_t(200))
 #define SWEEPS_DEFAULT_DISTRIBUTION_PERCENTAGE              (2*GRAPHENE_1_PERCENT)
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/include/graphene/peerplays_sidechain/sidechain_net_handler.hpp b/libraries/plugins/peerplays_sidechain/include/graphene/peerplays_sidechain/sidechain_net_handler.hpp
index 332a3180..40829262 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
@@ -34,7 +34,7 @@ public:
    void process_withdrawals();
    void process_sidechain_transactions();
    void send_sidechain_transactions();
-   void process_sidechain_transaction_results();
+   void settle_sidechain_transactions();
 
    virtual bool process_proposal(const proposal_object &po) = 0;
    virtual void process_primary_wallet() = 0;
@@ -42,7 +42,7 @@ 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 std::string process_sidechain_transaction_result(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 e8154240..4027556b 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
@@ -91,7 +91,7 @@ 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);
-   std::string process_sidechain_transaction_result(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 5a3c2e93..a02121e0 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
@@ -19,7 +19,7 @@ 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);
-   std::string process_sidechain_transaction_result(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 2bd69508..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
@@ -22,7 +22,7 @@ public:
    void process_withdrawals();
    void process_sidechain_transactions();
    void send_sidechain_transactions();
-   void process_sidechain_transaction_results();
+   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 72034e24..0cd52579 100644
--- a/libraries/plugins/peerplays_sidechain/peerplays_sidechain_plugin.cpp
+++ b/libraries/plugins/peerplays_sidechain/peerplays_sidechain_plugin.cpp
@@ -57,7 +57,7 @@ public:
    void process_withdrawals();
    void process_sidechain_transactions();
    void send_sidechain_transactions();
-   void process_sidechain_transaction_results();
+   void settle_sidechain_transactions();
 
 private:
    peerplays_sidechain_plugin &plugin;
@@ -403,7 +403,7 @@ void peerplays_sidechain_plugin_impl::son_processing() {
 
             send_sidechain_transactions();
 
-            process_sidechain_transaction_results();
+            settle_sidechain_transactions();
          }
       }
    }
@@ -589,8 +589,8 @@ void peerplays_sidechain_plugin_impl::send_sidechain_transactions() {
    net_manager->send_sidechain_transactions();
 }
 
-void peerplays_sidechain_plugin_impl::process_sidechain_transaction_results() {
-   net_manager->process_sidechain_transaction_results();
+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) {
diff --git a/libraries/plugins/peerplays_sidechain/sidechain_net_handler.cpp b/libraries/plugins/peerplays_sidechain/sidechain_net_handler.cpp
index 5b2788a0..0c7661ab 100644
--- a/libraries/plugins/peerplays_sidechain/sidechain_net_handler.cpp
+++ b/libraries/plugins/peerplays_sidechain/sidechain_net_handler.cpp
@@ -234,6 +234,16 @@ void sidechain_net_handler::process_proposals() {
             break;
          }
 
+         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;
+         }
+
          default:
             should_process = false;
             elog("==================================================");
@@ -285,17 +295,9 @@ void sidechain_net_handler::process_deposits() {
       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);
 
@@ -335,15 +337,9 @@ void sidechain_net_handler::process_withdrawals() {
       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);
 
@@ -360,8 +356,8 @@ void sidechain_net_handler::process_withdrawals() {
 }
 
 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) {
       ilog("Sidechain transaction to process: ${sto}", ("sto", sto.id));
@@ -391,8 +387,8 @@ 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) {
       ilog("Sidechain transaction to send: ${sto}", ("sto", sto.id));
@@ -421,63 +417,62 @@ void sidechain_net_handler::send_sidechain_transactions() {
    });
 }
 
-void sidechain_net_handler::process_sidechain_transaction_results() {
-   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, true));
+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) {
-      ilog("Sidechain transaction to send: ${sto}", ("sto", sto.id));
+      ilog("Sidechain transaction to settle: ${sto}", ("sto", sto.id));
 
-      std::string sidechain_transaction = process_sidechain_transaction_result(sto);
+      int64_t settle_amount = settle_sidechain_transaction(sto);
 
-      if (sidechain_transaction.empty()) {
-         wlog("Sidechain transaction not sent: ${sto}", ("sto", sto.id));
+      if (settle_amount == -1) {
+         wlog("Sidechain transaction not settled: ${sto}", ("sto", sto.id));
          return;
       }
 
-      sidechain_transaction_send_operation sts_op;
-      sts_op.payer = plugin.get_current_son_object().son_account;
-      sts_op.sidechain_transaction_id = sto.id;
-      sts_op.sidechain_transaction = sidechain_transaction;
+      const chain::global_property_object &gpo = database.get_global_properties();
 
-      signed_transaction trx = database.create_signed_transaction(plugin.get_private_key(plugin.get_current_son_id()), sts_op);
+      sidechain_transaction_settle_operation sts_op;
+      sts_op.payer = gpo.parameters.son_account();
+      sts_op.sidechain_transaction_id = sto.id;
+
+      operation s_op;
+
+      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;
+         s_op = 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());
+         s_op = ar_op;
+      }
+
+      proposal_create_operation proposal_op;
+      proposal_op.fee_paying_account = plugin.get_current_son_object().son_account;
+      proposal_op.proposed_ops.emplace_back(sts_op);
+      proposal_op.proposed_ops.emplace_back(s_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 sidechain transaction send operation failed with exception ${e}", ("e", e.what()));
+         elog("Sending proposal for sidechain transaction settle operation failed with exception ${e}", ("e", e.what()));
       }
    });
 }
 
-bool sidechain_net_handler::process_proposal(const proposal_object &po) {
-   FC_ASSERT(false, "process_proposal not implemented");
-}
-
-void sidechain_net_handler::process_primary_wallet() {
-   FC_ASSERT(false, "process_primary_wallet not implemented");
-}
-
-bool sidechain_net_handler::process_deposit(const son_wallet_deposit_object &swdo) {
-   FC_ASSERT(false, "process_deposit not implemented");
-}
-
-bool sidechain_net_handler::process_withdrawal(const son_wallet_withdraw_object &swwo) {
-   FC_ASSERT(false, "process_withdrawal not implemented");
-}
-
-std::string sidechain_net_handler::process_sidechain_transaction(const sidechain_transaction_object &sto) {
-   FC_ASSERT(false, "process_sidechain_transaction not implemented");
-}
-
-std::string sidechain_net_handler::send_sidechain_transaction(const sidechain_transaction_object &sto) {
-   FC_ASSERT(false, "send_sidechain_transaction not implemented");
-}
-
-std::string sidechain_net_handler::process_sidechain_transaction_result(const sidechain_transaction_object &sto) {
-   FC_ASSERT(false, "process_sidechain_transaction_result not implemented");
-}
-
 }} // 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 08d9f623..596616a8 100644
--- a/libraries/plugins/peerplays_sidechain/sidechain_net_handler_bitcoin.cpp
+++ b/libraries/plugins/peerplays_sidechain/sidechain_net_handler_bitcoin.cpp
@@ -979,17 +979,19 @@ 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");
-               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);
-               std::string tx_vout_s = input.second.get<std::string>("vout");
-               tx_vout = std::stoll(tx_vout_s);
-               break;
+               if ((tx_address == swdo_address) && (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);
+                  std::string tx_vout_s = input.second.get<std::string>("vout");
+                  tx_vout = std::stoll(tx_vout_s);
+                  break;
+               }
             }
 
             should_approve = (swdo_txid == tx_txid) &&
@@ -1046,6 +1048,11 @@ bool sidechain_net_handler_bitcoin::process_proposal(const proposal_object &po)
       break;
    }
 
+   case chain::operation::tag<chain::sidechain_transaction_settle_operation>::value: {
+      should_approve = true;
+      break;
+   }
+
    default:
       should_approve = false;
       elog("==================================================");
@@ -1238,10 +1245,12 @@ std::string sidechain_net_handler_bitcoin::send_sidechain_transaction(const side
    return send_transaction(sto);
 }
 
-std::string sidechain_net_handler_bitcoin::process_sidechain_transaction_result(const sidechain_transaction_object &sto) {
+int64_t sidechain_net_handler_bitcoin::settle_sidechain_transaction(const sidechain_transaction_object &sto) {
+
+   int64_t settle_amount = -1;
 
    if (sto.sidechain_transaction.empty()) {
-      return "";
+      return settle_amount;
    }
 
    std::string tx_str = bitcoin_client->gettransaction(sto.sidechain_transaction);
@@ -1250,32 +1259,33 @@ std::string sidechain_net_handler_bitcoin::process_sidechain_transaction_result(
    boost::property_tree::read_json(tx_ss, tx_json);
 
    if ((tx_json.count("error")) && (!tx_json.get_child("error").empty())) {
-      return "";
+      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 = "";
-   uint64_t tx_amount = 0;
-   uint64_t tx_vout = 0;
+   int64_t tx_amount = -1;
 
-   for (auto &input : tx_json.get_child("result.details")) {
-      tx_address = input.second.get<std::string>("address");
-      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);
-      std::string tx_vout_s = input.second.get<std::string>("vout");
-      tx_vout = std::stoll(tx_vout_s);
-      break;
+   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>()) {
+      }
    }
-
-   if (sto.object_id.is<son_wallet_deposit_id_type>()) {
-   }
-
-   if (sto.object_id.is<son_wallet_withdraw_id_type>()) {
-   }
-
-   return "";
+   return settle_amount;
 }
 
 std::string sidechain_net_handler_bitcoin::create_primary_wallet_transaction() {
diff --git a/libraries/plugins/peerplays_sidechain/sidechain_net_handler_peerplays.cpp b/libraries/plugins/peerplays_sidechain/sidechain_net_handler_peerplays.cpp
index 44199222..7ea2828e 100644
--- a/libraries/plugins/peerplays_sidechain/sidechain_net_handler_peerplays.cpp
+++ b/libraries/plugins/peerplays_sidechain/sidechain_net_handler_peerplays.cpp
@@ -119,6 +119,11 @@ bool sidechain_net_handler_peerplays::process_proposal(const proposal_object &po
       break;
    }
 
+   case chain::operation::tag<chain::sidechain_transaction_settle_operation>::value: {
+      should_approve = true;
+      break;
+   }
+
    default:
       should_approve = false;
       elog("==================================================");
@@ -149,8 +154,9 @@ std::string sidechain_net_handler_peerplays::send_sidechain_transaction(const si
    return sto.transaction;
 }
 
-std::string sidechain_net_handler_peerplays::process_sidechain_transaction_result(const sidechain_transaction_object &sto) {
-   return sto.transaction;
+int64_t sidechain_net_handler_peerplays::settle_sidechain_transaction(const sidechain_transaction_object &sto) {
+   int64_t settle_amount = -1;
+   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 590bd7ad..8de60981 100644
--- a/libraries/plugins/peerplays_sidechain/sidechain_net_manager.cpp
+++ b/libraries/plugins/peerplays_sidechain/sidechain_net_manager.cpp
@@ -75,9 +75,9 @@ void sidechain_net_manager::send_sidechain_transactions() {
    }
 }
 
-void sidechain_net_manager::process_sidechain_transaction_results() {
+void sidechain_net_manager::settle_sidechain_transactions() {
    for (size_t i = 0; i < net_handlers.size(); i++) {
-      net_handlers.at(i)->process_sidechain_transaction_results();
+      net_handlers.at(i)->settle_sidechain_transactions();
    }
 }