ChainPort is an innovative blockchain bridge that provides custodian-level security with real interoperability – ChainPort supports 5 blockchains and will be supporting all big EVM in Q1 2022 and non-EVM starting in Q2 2022. ChainPort is live and has over 82 tokens using ChainPort with a daily average volume of $5M and 450M in TVL.
ChainPort is the only bridge that offers custodian security, making it the most secure of all bridges. ChainPort secures all assets with a multi-layer technology that combines the latest breakthroughs in Multi-Party Computation cryptography by the biggest MPC provider- FireBlocks, Gnosis, and hardware isolation. ChainPort is the only bridge that provides full interoperability from day one- Port tokens to and between any of the supported chains without reverting to the original token.
ChainPort offers permissionless ports between chains with a simple UI and 7 wallets already supported. ChainPort is a very fast bridge -12 confirmation on Ethereum, only 2.5 minutes on average!
ChainPort offers an API for direct on-chain contract calls and is already used by market makers, arbitrage players, and exchanges. ChainPort also offers to embed the bridge into dapps, websites, aggregators, and more.
WHAT MAKES CHAINPORT UNIQUE?
CHAINPORT PRODUCT ROADMAP
CHAINPORT REVENUE STREAMS
ChainPort will soon introduce fees in three different configurations:
Basic Free – Users
The basic ChainPort fee will be 0.3% for each port, paid at the ported token, or 0.2% when paid with PORTX. Users will stake PORTX in advance in a dedicated staking-fee contract, and discounted fees will be automatically deducted. Users will be able to pre-buy the discounted fees and earn rewards for this staking.
ChainPort for Businesses Fee
ChainPort will soon introduce a full custodian service for businesses who choose to have a private bridge, open or closed by demand, and own one of the multi-sig keys for higher redundancy. This service will be charged on TVL basis, weekly, 0.03% (~1.5% yearly), or 0.02% ( ~1% yearly) when paid in PORTX tokens.
Once ChainPort supports NFTs, they will introduce a fixed fee per port and discounted fee when paid in PORTX.
WHAT TECHNOLOGIES DOES CHAINPORT USE?
CHAINPORT MARKETING STRATEGY
ChainPort is already among the top 5 bridges in the space by TVL, achieving that by offering a very different, unique, and one of its kind solution for secure interoperability. Chainport uses 2 custodian solutions (Gnosis-safe and FireBlocks), they offer the simplest UX, with multi-wallet support, and incompatible speed. They make personal contact and onboarding for each client, provide data analytics, and incentivize introductions. ChainPort USD volume in Q4 stands at $516M, and the bridge experiences a 30% month-over-month growth on average.