TheBridge

Inspiration

• We believe bridging should be easy and inexpensive and there should be an incentive for people to want to use it actively.

What it does

• We implemented a bridge that automatically unlocks REAL tokens (WETH to WETH on target chain) withouth the need for user interaction. Additionally we have a rewards mechanism that gives back to the Providers for giving their real target tokens to the protocol.

How we built it

• We built on top of the polygon FX-Portal. We implemented a bridge with special rewards system. The rewards are distributed based on the ratio of LP tokens on the source and destination chains and then proportionally to each user based on their staked amound for the moment of the bridging.
• We build a frontend to showcase this functionality.

Challenges we ran into

• Bridging from Polygon to Ethereum, generating and validating Merkle proofs.

Accomplishments that we're proud of

• A working Ethereum to Polygon Bridge of real destination chain tokens
• Unique reward strategy ## What we learned
• Interoperability is hard, we need to find a way to make roll up times faster.
• Fair reward distribution for LP providers is an interesting and challenging issue

What's next for TheBridge

• Code optimization, UI/UX improvements

Built With

• react
• solidity