bitoftrade docs
  • 👋Welcome to the bitoftrade docs!
  • 🤖bitoftrade intro
  • 📨Contact Us
  • For traders
    • ✅Cross-Chain Swaps
      • How it works
        • Liquidity providers & validators
        • Security
      • User Guide
    • 🔄Trading platform
      • Features
        • Leverage trading
        • Token swaps
        • Buy crypto with fiat
        • Market screener
      • Quick start
        • How do I swap tokens on bitoftrade?
        • How to buy crypto with fiat?
        • How to trade with leverage on bitoftrade?
        • How to use the Markets page?
        • How to place limit order?
      • Fees
      • FAQ
  • For businesses
    • 🛒AllPay Widget
      • Use cases
        • Token Owners
        • Personal Exchange
        • Creators
        • GameFi, Metaverse
        • Crypto Payments (soon)
      • Quick start
        • Customization Panel
        • Swap and Sale Integration
        • NFT Widget Integration
          • NFT Listing
          • Code Integration
      • FAQ
  • For developers
    • 🔀Cross-Chain Messaging Protocol
      • How it works
        • Signer Service
          • Event Hash
          • Signer interface
        • Signers Registry Contract
      • Quick start
        • Emit event
        • Verify event
        • Receive event
      • Smart contracts
      • Advanced
        • Threshold Signature
        • Hosted TSS signer
      • Security
      • FAQ
  • Guides
    • 📚General
      • How to download and connect MetaMask for desktop?
      • How do I download and connect MetaMask for mobile?
      • How do I import ERC20 tokens to MetaMask?
      • How do I manage my funds in a volatile market?
      • How to invest in cryptocurrency
    • ⛓️Polygon
      • How to swap on the Polygon network
      • How to bridge my Polygon tokens
      • How to add Polygon to my MetaMask
    • ⛓️Binance Smart Chain
      • How to bridge my BSC tokens
      • How to swap on the BSC network
      • How to add BSC to my MetaMask
    • ⛓️Fantom
      • How to bridge my Fantom tokens
      • How to swap on the Fantom network
      • How to add Fantom to my MetaMask
    • ⛓️Avalanche
      • How to bridge my Avalanche tokens
      • How to swap on the Avalanche network
      • How to add Avalanche to my MetaMask
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On this page
  1. For traders
  2. Cross-Chain Swaps
  3. How it works

Liquidity providers & validators

Cross-Chain swaps are facilitated through a two-step process known as "swap & transfer" transactions on selected networks.

Our model relies on the availability of USDC liquidity within protocol pools across supported networks. Liquidity provision and management, including USDC pool rebalancing, are handled by the community, with rewards provided to all liquidity providers.

To ensure sustainable liquidity, the protocol charges a 0.1% fee for liquidity provision from each transaction. These fees are subsequently distributed among the relevant liquidity pools, promoting a fair and incentivized ecosystem for liquidity providers.

By employing the "swap & transfer" approach and engaging the community's support, bitoftrade enables seamless cross-chain swaps while fostering liquidity growth and rewarding participants.

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Last updated 1 year ago

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