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What is Cross-Chain Bridge Token?

Bridging fungible or non-fungible tokens is quite a laborious process.

Full description of Cross-Chain Bridge Token

Bridging fungible or non-fungible tokens is quite a laborious process. There are a variety of bridges that focus on connecting selected networks or support only selected tokens. As a user, you need to know which Token (?) you want to move over which bridge to another network. The Cross-Chain Bridge v2.0 has an ambitious goal: It should be possible to move as many tokens as possible to almost any network. The Cross-Chain Bridge will attract and incentivize all players to participate in the ecosystem. Similar to projects launching tokens on Uniswap or a DEX, communities and/or creators will be able to add their own token via the Cross-Chain Bridge intuitively and permissionlessly, benefiting from greater accessibility and security. Meanwhile, yield farmers AND projects will be incentivized to provide liquidity with fee-participation and yield farming.
  • Exchange symbol (?): BRIDGE
  • Cryptocurrency type (?): Token (?)

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 Source: NOMICS