Introduction
There are two bridges currently available in the caduceus ecosystem.
Multichain Bridge - https://multichain.org/
Caduceus Bridge - https://bridge.cmpcoin.io
Executing a transfer on these bridges is the same! However, Multi-chain supports more tokens and chains as the Caduceus Bridge is focused on the Caduceus ecosystem.
Caduceus Bridge
Website
Description
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.
Multichain Bridge
Website
Description
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.
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