Token Smart Contract Bridging

Token cross chain capability is becoming more common across the cryptocurrency community. Brewlabs can offer communities new or established with a means to take their token currency cross chain.

What is token bridging?

Each token that exists in cryptocurrency is deployed on a native blockchain, for example Ethereum, Polygon or Binance Smart Chain. Tokens that are deployed on native blockchains cannot swap (trade) with tokens or currencies that have been deployed on other native blockchains. This means that if a token is deployed on Ethereum (ERC20) it cannot swap through a decentralisd exchange (DEX) with a token on the Binance Smart Chain (BEP20).

If a community behind a project deployed on BEP20 (Binance Smart Chain) would like to open the same project on ERC20 (Ethereum), the community would need to explore a cross chain bridge to allow people on both ERC20 and BEP20 to swap for the project token.

This is where Brewlabs comes in.

Brewlabs has a cross chain bridge as part of its product line. You can learn more about it here.

Brewlabs can not only facilitate the transition of between networks through the Brewlabs Bridge, we can include any new token currency from any project into our Brewlabs Bridge directory to allow the bridge to accommodate the cross network trade. Currently we have networks such as Ethereum, Polygon, KCC and Binance Smart Chain integrated into the Brewlabs Bridge.

Brewlabs also offers pegged token smart contract deployment as part of its service offering.