Bridge your Crypto Tokens to Different Blockchains using ChainPort’s Permissionless Protocol

One major issue the crypto space has faced for a long time now is the issue of interoperability. This however is beginning to be a non-issue as solutions pop up every day in this fast-moving industry of ours. One of these solutions I’ve been impressed with is that of ChainPort and I’d be talking about them in this article.  ChainPort  ChainPort is a permissionless crypto bridge that lets its users port any crypto token to different blockchains like Polygon, Avalanche, Binance Smart Chain (BSC) and Ethereum. ChainPort plans to support all EVM compatible networks. This is detailed on the Roadmap. This ability to transfer tokens to different blockchains enables anyone to make any token blockchain agnostic by carrying out a few simple clicks.  ChainPort works in three simple steps: You deposit tokens You mint them on your target chain  And then they are ready to use on Decentralized Exchanges (DEXs)  ChainPort Features and Benefits  Permissionless — Users can port their tokens between blockchains and boldly trade across the cryptoverse without intervention or limitations.  Simple UX — ChainPort’s porting interface and experience is as user-friendly and simple as it can get.  Embeddable — ChainPort provides a direct link that is connected to the token pair and blockchain of users. This way, it’s easy to have a bridge to the bridge and it’s easier for the community of the user.  Full Interoperability — ChainPort boasts of a full cross-chain portal. This feature allows tokens to port across multiple chains without reverting to the original token.  Fast — ChainPort has one of the fastest bridge speeds in space. An average port takes only 2.5 minutes to complete.  API Integration — You can add ChainPort bridges directly to your token from your digital property.  Secure Bridge — For ChainPort, security is a top priority. The bridge secures all assets on it with a multi-layer technology that combines the latest breakthroughs in MPC cryptography and hardware isolation. There are also other advanced security features like fund segmentation, multi-sig cold wallet protection for assets, multiple contract audits etc.  Live Human Support — There is a live chat support feature on all of ChainPort’s devices How to Use ChainPort  Listed below are the steps you have to follow to successfully use ChainPort’s bridge to transfer tokens between different blockchains.    Connect your Wallet — On a first-time visit to ChainPort, you will need to connect your wallet to the platform. Wallets that are supported include MetaMask, Wallet Connect, Formatic, and Portis. To use other wallets, you can connect them through Wallet Connect via QR. Select a Token —  After connecting your wallet, you have to select the token you want to port over to a new blockchain.  Deposit the Token — After selecting the token you’re trying to port over to another blockchain, you can then deposit that token into ChainPort so that it can be sent over to the blockchain of choice. Approve the Transaction — Next you have to decide how much gas you want to pay for the transaction. This is the last thing you have to do and your tokens will be on a new blockchain.  Check It Out — When your tokens arrive at your Blockchain of choosing, you can press “Check it Out” and you’ll get redirected to Etherscan/BscScan/PolygonScan to view the transaction.  Verified Token   These are tokens that were ported with the help of the ChainPort Team. These tokens have liquidity on the other side of the bridge for you to trade on. Below is a sheet with all the tokens ChainPort supports https://docs.google.com/spreadsheets/d/1-hKsH-n_jIx7ojusO9Wj4UmmgH-WHJN8VTJ5hlvl2E4/edit#gid=0 Token  CPT is the native utility token of the ChainPort ecosystem. It enables a premium discount for utilising ChainPort services throughout the network. Also, with CPT, a rev-share model is enabled for projects and affiliates of ChainPort. These affiliates/projects will earn a percentage of the fees paid for the tokens they help onramp and/or for transactions they refer to the ChainPort network.  The majority of the payable fees are used to buy CPT, which may then be used for burns or in yield strategies. Affiliates, referrers and projects of ported tokens will get some of the fees from the bridge. Holders of CPT who use the bridge with their CPT will have their CPT staked to perform yield strategies.  Another perk of CPT is that its holders will have VIP access to take advantage of the valuable data network effect the platform boasts of. The CPT Token will bridge the data network effect which is generated by ChainPort into a value network effect for all holders of the CPT token. Tokenomics ChainPort has fair tokenomics that has been conceived to share value with its users and supporters. This simple and effective system is built-in and exclusive to the platform. Users Fee + NFT Per Port 0.3% … Continued

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