BRIDGE Tokenomics
The BRIDGE token is a fair-launched utility token for the Cross-Chain Bridge. In the future, the BRIDGE token will receive product-focused governance rights.
BRIDGE primarily entitles the holder to earn a share of 70% of the protocol incentive or token bridging fees as a reward in one of the Reward Pools.
Multiple burn mechanisms have been introduced that cause BRIDGE to be deflationary. This depends on the amount of bridging volume on the Cross-Chain Bridge. The Buy-Back & Burn Protocol Incentive collects 15% of all bridging fees which is used to periodically burn BRIDGE. Additionally, BRIDGE is burned from every withdrawal from the Reward Pools.
0x92868A5255C628dA08F550a858A802f5351C5223
0xC0367f9b1f84Ca8DE127226AC2A994EA4bf1e41b
0x92868a5255c628da08f550a858a802f5351c5223
BRIDGE Trade Links:
- BRIDGE ERC20 via Uniswap: https://app.uniswap.org/#/swap?outputCurrency=0x92868A5255C628dA08F550a858A802f5351C5223
- BRIDGE BEP20 via PancakeSwap: https://pancakeswap.finance/swap?outputCurrency=0x92868A5255C628dA08F550a858A802f5351C5223
- BRIDGE POLYGON via SushiSwap: https://app.sushi.com/swap?outputCurrency=0x92868A5255C628dA08F550a858A802f5351C5223
- BRIDGE AVALANCHE via TraderJoe: https://traderjoexyz.com/trade?outputCurrency=0xC0367f9b1f84Ca8DE127226AC2A994EA4bf1e41b#/
- BRIDGE FANTOM via SpookySwap: https://spooky.fi/#/swap?outputCurrency=0x92868a5255c628da08f550a858a802f5351c5223
BRIDGE DEXTools Links with Price Chart & Transactions:
Additional BRIDGE Minting
If new networks are connected, a certain amount of BRIDGE is needed to provide liquidity on a DEX and within the Cross-Chain Bridge liquidity pools. These do not result in sell pressure, as they are only for liquidity provision. In the future, the BRIDGE DAO will decide how much will be minted for these use cases. Currently, the BRIDGE representatives decide this.
Last modified 8mo ago