King's Bridge
In this page are explained all the details related to the Bridge
Last updated
In this page are explained all the details related to the Bridge
Last updated
A bridge is in practice a mechanism which allows the flow of tokens from one chain to another (and back).
Bridges are extremely important because they help projects to move across multiple chains without issuing a new token on a different mainnet (e.g. from BSC to ETH). With this practice you will always have only one token, one project, one supply but on multiple chains.
A lot of projects have preferred to issue a new token instead of using a bridge. This has been done because a large amount of crypto and DeFi investors are not educated about the token economics. As soon as they see a project on another chain, they buy in without asking themselves how this has happened and how this is managed in terms of token supply.
We believe that going multi-chain without a functioning bridge is bad practice which can cause strong arbitrage and inflation effects between the two tokens issued on two different chains.
Moreover, if you have one company, you should always have one asset representing it on multiple exchanges. We don’t have Apple1 and Apple2 in traditional finance and there is a clear motivation for this.
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