ChainSwap ASAPPrice $ 0.0114

ChainSwap allows projects to seamlessly bridge between ETH, BSC and HECO. In the near future ChainSwap will be on-boarding all major assets and integrating additional chains providing full cross-chain solutions between BTC, DOT, SOL and more ultimately creating an asset and application hub for all smart chains.

TOKEN, the mechanics

The ChainSwap token TOKEN serves as a tool to facilitate platform governance and boost platform utility.

TOKEN utilities will include:

• Node staking for ChainSwap nodes (Building and securing the ChainSwap smart chain that is cross-chain by default)
• Asset staking rewards (Providing asset liquidity — the hub)
• ChainSwap, Application Swap and The ChainSwap Hub fees used to buyback TOKEN
• ChainSwap fee system
• ChainSwap liquidity and usage incentivization

Development Work and Soft Roadmap

• Permission-less token on-boarding will be launched in the upcoming week. This will allow anyone to list and make tokens cross-chain with a few clicks.
• Liquidity provision cross-chain bridge solution. This solution enables major tokens deployment on ChainSwap (USDT, BUSD..) including tokens existing on multiple chains.
• Adding more chains to ChainSwap. The first groups of chains we are planning to on-board are xDAI, Polygon, AVAX and Fantom.