MULTI CHAIN AGEN
Last updated
Last updated
As we are starting out on the BSC network the plan for the long haul is to bridge AGEN to multiple chains all sharing the same LP pool.
By establishing AGEN on multiple blockchains it gives everyone a chance no matter what their chain of choice is to be invested in a once in a lifetime project.
The biggest benefit of bridging AGEN on multiple blockchains with the same LP is that it eliminates people from being able to arbitrage.
(Arbitrage is the simultaneous purchase and sale of the same asset in different markets in order to profit from tiny differences in the asset's listed price. It exploits short-lived variations in the price of identical or similar financial instruments in different markets or in different forms)
Another major benefit to sharing LP amongst chains is that if volume is higher on one chain the entire ecosystem benefits.
The first chain AGEN will be bridged on is Ethereum. (ETH)
The following chains will follow
Polygon
Solana
Avalanche
CRO
By the end of 2022 Alpha Genesis will be one of the few projects out to be bridged on six different blockchains.