I would like to bring up an uncomfortable proposal:
The transaction fees for bridging tokens with the xDai- and Omnibridge are not competitive. I thought xDai is more decentralized than BSC and therefore has a longterm advantage. I also didn’t want to recommend BSC, as I still don’t know how much control binance has on the BSC or how much “Ce” we have in their “DeFi”.
But the Cosmos SDK and in particular the Sifchain have a pegging solution that does not cost more than a normal transaction. I expect that the polkadot network might also be able to solve it like this.
Because bridging to xDai costs ~4 times as much as bridging/pegging to other chains, i think xDai is a dead end unless it can find another solution in the next months.
My proposal would be to halt the move to xDai and find a better solution. Or - if xDai soon has a solution for token bridging that is competitive - we could stay on track.