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.
Binance / Ethereum / HECO / Polygon / Solana / Avalanche / Celo
Binance: 0x1446f3cedf4d86a9399e49f7937766e6de2a3aab
ETH: 0x499568c250Ab2a42292261d6121525d70691894b
HECO: 0xA83E2A7bBFaeB064C7cfEE416cDf5cf89507dd1A
Polygon: 0x6c3B2f402CD7d22AE2C319B9d2f16f57927a4A17
Solana: Gw7M5dqZJ6B6a8dYkDry6z9t9FuUA2xPUokjV2cortoq
Avalanche: 0xA5aCFECA5270bC9768633FBC86caA959B85Ec8b7
Celo: 0xd252E98C5B6ea1E29A7e2789A9eC0493707A60B9
