EVODEFI - The next generation cross chain bridge
  • Roadmap
  • Stable Farm
    • GENX - Deflationary token
    • Elastic Burns 🔥
    • Referral Program
    • Farming NFTs
    • GENX Loot boxes
  • EVODeFi Bridge
    • What is a token bridge?
    • EvoDefi's Cross-Chain Bridge Deep Dive
      • External Audits
      • Risk mitigation
    • How does the bridge work?
    • Covered Networks
    • Bridge FAQ
    • RUGDOC KYC
  • Other Services
    • Token Withdrawal
    • Investing
  • Bridge support channel
  • Twitter
  • BSC Farms
  • MATIC farms
Powered by GitBook
On this page
  1. EVODeFi Bridge

How does the bridge work?

PreviousRisk mitigationNextCovered Networks

Last updated 3 years ago

A token bridge is a connection that allows the transfer of Tokens and/or arbitrary data from one chain to another. Both chains can have different protocols, rules and governance models, but the bridge provides a compatible way to interoperate securely on both sides. In a token bridge, new tokens are not actually issued on the target blockchain or crypto. Bridges use a smart contract to lock your existing tokens and mint new tokens on the target blockchain. When you want to redeem the new tokens, an equal amount of tokens on the original chain are unlocked.

On , you can move tokens between between Ethereum, BSC, Fantom, Heco, Avalanche, Arbitrum, Tron, Cronos, Solana, Polygon, Moonriver, OKex, Tron and Bitcoin blockchains in a quick and cost-efficient manner.

EvoDefi