Cross-Chain Bridge Token price 

BRIDGE

Unlike conventional crypto bridges, the Cross-Chain Bridge uses Liquidity Pools to provide bridging services, without the need to synchronize or partner with a project or even grant token minting permission to the bridge contract. This minimizes hack risks and liquidity providers are never exposed to the well-known risk termed Impermanent Loss that liquidity providers of DEXs face as all Liquidity Pools are designed as single-asset Liquidity Pools.

The Cross-Chain Bridge allows for assets to be listed in a permissionless way. Once there is liquidity available of a token on the connected blockchains, users can bridge. Additionally, there is an incentive for projects to use the Cross-Chain Bridge, as they earn yield on the liquidity they provide themselves through fee-participation in the Liquidity Mining Pools.

Users can stake BRIDGE tokens in the reward pools and earn 70% of the fees collected from bridgings in a specific token.

Multiple burn mechanisms are being introduced that can cause BRIDGE to be deflationary depending on the amount of bridging volume on the Cross-Chain Bridge. The buy-back & burn Protocol Incentive collects 15% of all bridging fees, which will be used to periodically burn BRIDGE. Additionally, BRIDGE is burned from every withdrawal from the Reward Pools.

BRIDGE tokens are distributed to the Farms at a mint rate of 8 BRIDGE per minute - distributed over all networks. The split between networks is 40% BSC, 20% Polygon, 20% ETH, 10% Avalanche and 10% Fantom.

With 5 networks supported and the current block times of Ethereum (5,800 blocks per day), Binance Smart Chain (28,800 blocks per day), Polygon (39,000 blocks per day), Avalanche (42,500 blocks per day) and Fantom (75,000 blocks per day), this equals 0.397 BRIDGE per ETH block, 0.16 BRIDGE per BSC block, 0.059 BRIDGE per MATIC block, 0.027 BRIDGE per Avalanche block and 0.015 BRIDGE per Fantom block.