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Cross-Chain Bridge
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Cross-Chain Bridges
CroSwap will provide the ability to bridge between the Cronos Blockchain to other Ethereum Virtual Machine (EVM) Compatible blockchains.
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What Are Bridges?
Blockchain bridges work just like the bridges we know in the physical world. Just as a physical bridge connects two physical locations, a blockchain bridge connects two blockchain ecosystems. Bridges facilitate communication between blockchains through the transfer of information and assets.
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Scaling Fee Reduction
- If you hold $SHIP, your services fees while using the Cross-Chain Bridge will be reduced.
- How this works:
- Our formula will be the product's base service fee minus the maximum amount of the reduced service fee.
- The amount of tokens that will be included within the scale is from 0 to 20,000.
- The absolute maximum fee reduction that you can get is 50% of the product's base service fee.