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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