Hi all, I have a new proposal.
I think it will help expand BAO as a project and increase BAO’s userbase exponentially.
Chain to chain transfers.
With BAO making swaps on multiple chains
It would be an amazing idea if BAO merged all of these into 1 Swap, under BaoSwap’s domain (giving BAO’s name and recognition a boost) and having an option to transfer coins from one chain to another, and also providing coin swaps on the same chain.
Example, you select XDAI → XDAI , BAO to USDT, so you’re swapping XDAI BAO for XDAI USDT,
BaoSwap can be the first major swap to also support cross chain transfers!
Example, BSC → XDAI, SXP TO SXP, you’ll transfer SXP on BSC to SXP on XDAI in one click, no hassle, no CEX needed, no bridges needed, just one click and it’ll do the work for you! You can also do BSC → XDAI, for SXP TO XDAI, so it’s not just 1 token exchange to a different bridge, but one chain, one chain, to another chain, another coin!
Simply, select a chain from, chain to, then coins for the to/from.
Support this also for SOL, FTM, DOT, THETA, all of them, we can soak up a lot of liquidity, and swaps/chain transfers can be a big product of BAO, and the Synthetic product will be the golden cherry on top!
Fees will all go back to BAO treasury/BAO holders! Benefitting all BAO holders.