Introducing NOW Bridges: Your Customized Cross-Chain Swaps
Here’s what it does:
- NOW Bridges help migrate your token to another network or a new mainnet. You and your community take advantage of a simple interface created on your terms.
- The service empowers you with a tool to seamlessly swap your assets between two or more networks.
While building the bridge, we also list your assets on ChangeNOW and launch a new public node in your network. Continue reading to see how the new product of the NOW ecosystem works and how you can leverage it today.
Why NOW Bridges?
Swaps on your terms
Before we proceed to development, you decide what the bridge will be like. You have the freedom to:
- Set the exchange rates. It is at your discretion to fix the rates you want your assets to be swapped at.
- Define who pays for swaps. You or the users can take charge of the network fees.
- Determine how to use your bridge. We locate the swap tool at a dedicated web page so that anyone can access it freely, and you can also natively integrate the bridge into your platform via API.
Your assets will be listed on ChangeNOW
This way we enable all users to swap them for 450+ cryptocurrencies in our main exchange interface (which you can also integrate into your platform via ChangeNOW’s Exchange API). We will list the tokens based on both networks, the old and the new one.
Your assets will also become available for exchange in all partner services of ChangeNOW including multiple crypto wallets. We will list your assets on ChangeNOW if exchanges that we partner with can provide the necessary liquidity.
ChangeNOW runs a public node in your network
If you are migrating to mainnet, we will deploy a full node in your blockchain to run the bridge. The node will verify transactions along with the other ones, so we will make our modest contribution in your network’s stability and decentralization. Moreover, this node can be leveraged by any crypto service including wallets, exchanges, and ChangeNOW partners, which will make your network even more accessible to the public.
How Do I Run a NOW Bridge?
Here’s the flow:
- Fill in the form to contact our business development manager. They will reach out to you in 1-2 business days so we can discuss all the details regarding your bridge. The development starts in a matter of days.
- A personal project manager appointed for your bridge will lead the dev team and ensure fast and coordinated development. The manager will be in touch with you to update you on the status of the project and resolve questions that may arise.
- Once the bridge is ready, we will ask you to provide liquidity for both assets to enable swaps for you and the holders of your networks’ coins and tokens.
If any member of your community has issues with the swap or any questions regarding it, they can always reach out to our 24/7 support team and get a timely answer. And of course, we take full responsibility for proper maintenance of your bridge once it goes live.
NOW Bridges were launched to help you enjoy flexible and smooth cross-chain swaps. Contact us and we hope we have fruitful cooperation!
