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RE: Introducing LeoBridge: Permissionless Cross-Chain Swaps ERC20 -> BEP20

in LeoFinance3 years ago

There could be a lot of funds coming over the bridge from ETH. $500 worth of LEO will be burned and $2000 worth of CUB for every $1,000,000 that comes over the bridge. That can add up quick considering the low marketcap both tokens respectively have, and how many millions could cross the bridge!

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I did not figure out the $ amounts but that is terrific. It sounds like a lot but a millions dollars in transaction is really not a lot of money when you think about it. Considering there are billions on Ethereum, that is a drop in the bucket. And more is being generated every day on there like everywhere else.

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the 18 million TVL could double in a day with ETH bridging over