The power of the Centurion Bridge
The Centurion Bridge swap incentive and utility
Since the inception of the Polygon network (previously the Matic network), most Defi users have been left scratching their heads on how to access and use Polygon. The Polygon team launched the Polygon wallet bridge essentially allowing users to switch tokens from the Ethereum network to the Polygon Network.
However this has caused a major hindrance to users exploring Polygon and its Defi projects. It’s no secret that the Binance Smart Chain was born out of a desire to circumvent the high Ethereum network gas fees, it’s a daunting experience for users who pay unrealistic high gas fees (depending on network congestion). This has cause the Ethereum Network to be regarded as a whale network as the fees are insignificant in value for whales, but expensive for low volume traders.
The Binance Smart Chain and Polygon present fantastic alternatives to the Ethereum network, the Binance Smart Chain has kicked off with incredible growth and adoption, mainly due to the fact that users could easily buy tokens on the Binance Exchange and withdraw to their BSC wallets. Binance also launched a bridge allowing ERC20, BEP2, BEP20 & TRC20 swaps, providing users multiple options for entry. This made the Smart Chain gain popularity as users did not have to go through the Ethereum network, to access Smart Chain tokens.
The Polygon network has also seen significant growth and adoption, but not as much as the Binance Smart Chain, due to most users having no way to access the Polygon network and its projects and tokens, because the Polygon bridge had only one option for swaps, all incoming tokens to the Polygon bridge had to be from the Ethereum Network. This meant users needed to buy Ethereum network tokens and send them to the Polygon bridge to receive equivalents on the Polygon network. This made many users who would rather never use the Ethereum network due to its high cost gas fees to remain committed to the Binance Smart Chain.
THE CENTURION BRIDGE ENABLES DIRECT BINANCE SMART CHAIN TO POLYGON SWAPS AND VICE VERSA
The centurion bridge has come to the rescue, essentially giving BSC and Polygon lovers and users an avenue to switch tokens seamlessly, quickly and safely without using the Ethereum network.This bridge provides an essential use case for the CENT token, making the CENT token, the go to token for swapping across BSC and Polygon.
Users can purchase CENT tokens with their desired tokens (on popular BSC DEXs e.g Pancakeswap, Apeswap), and swap their BSC BEP20 CENT tokens on the Centurion Bridge to Polygon ERC20 CENT tokens, then exchange their CENT tokens to any token of their choice (on popular Polygon DEXs e.g Quickswap) and voila, they have moved their tokens from BSC to Polygon or vice versa, without using the Ethereum network hence avoiding high gas fees.
It is no news that the Binance Smart Chain and Polygon have some of the lowest gas fees of any Ethereum EVM, Centurion is here to bridge the gap between these two chains