Bridges
There are two bridges currently available in the caduceus ecosystem.
Executing a transfer on these bridges is the same! However, Multichain supports more tokens and chains as the Caduceus Bridge is focused on the Caduceus ecosystem.
With the release of our bridge at https://bridge.cmpcoin.io, users can bring over their USDT and other assets to the Caduceus Ecosystem. The bridge also enables developers to avoid the technical headache of making their token cross-chain and can instead outsource it to us.
The Caduceus Bridge leverages the Multichain Anyswap V6 standard. Hence we stand on the shoulders of Multichain's resilient Secure Multi-Party Compute (SMPC) model, which gives us a high degree of security. You can read more about this here, but effectively, the private key responsible for the minting and burning of assets is partially distributed across various nodes, making it much harder to hack/discover/leak. Moreover, Multichain has processed nearly 100 Billion dollars in volume over 82 chains, making it one of the most reliable cross-chain bridge solutions. Using Multichain's stable infrastructure permits us to focus on the user experience of bridging and new token onboarding, which will increase the adoption of CMP.
For our first iteration, USDT will be the first supported asset. Users can bridge it to the caduceus blockchain from 24 other supported chains, including Ethereum, Binance, Gate, Velas, Polygon, Milkomeda (Algorand), Avalance, Celo and Cronos. We support Metamask and all other browser extensions straight out of the box. Transaction fees are cheap and will depend on the source chain and the amount sent. As the ecosystem grows, more tokens will be slowly deployed on our bridge, so please stay tuned to hear about the latest updates and releases.
Moreover, we have considerably lowered the technical barriers for developers who wish to deploy their cross-chain token onto other networks. They will no longer need to worry about technical details as we handle most of the implementation on your behalf. We deploy the bridge contracts onto your desired chains, increasing your adoption and exposure. If you are interested in making your token cross-chain, fill out this form, and we will be in touch.
The future is cross-chain, so we want to ensure caduceus stays competitive by offering users and developers a smooth and competitive cross-chain experience. To stay updated on our latest developments, subscribe to our social channels. Don't hesitate to contact us for any partnerships, feedback or collaborations.
If you want to make your token cross-chain but need help with advice, deployment and management, keep reading! We have streamlined the cross-chain deployment process so that we can easily add new tokens onto our bridge. We will:
- Deploy the cross-chain contracts on all the blockchains you wish to support.
- Integrate your token into our beautiful front-end portal.
- Monitor and manage the contracts for you or hand over the admin controls to your team.
If you are interested in going cross-chain, then fill out this form, and we will be in touch.
The Multichain bridge is a first-class bridge. Where you can view the documentation here. However, the user experience can be a little unpleasant. Still, the benefit is that it has a wide range of supported tokens for many different chains. So if the Caduceus bridge does not support a specific token, it is also worth checking on the Multichain bridge.
