TomoBridge is the cross-chain transfer module for interoperability between TomoChain and other crypto assets chains
A Wrapped Token is a TRC21 token hosted on the TomoChain public blockchain, issued by TomoBridge Pte. Ltd. and backed by an equal amount of the underlying asset or currency. TRC21 Wrapped BTC, for instance, is a token worth the same as one BTC at any given moment. More details about TRC21 Wrapped Tokens.
The reason you need TRC21 Wrapped Token is to be able to trade other platform's native token like BTC or ETH on decentralized exchange like TomoDEX. Because decentralized platforms running on TomoX use smart contracts to execute trades directly between traders and they need to have the same token standard.
Yes, you can use TRC21 Wrapped Tokens on TomoDEX as well as other DEXs built on top of TomoX.
TomoBridge currently supports converting between BTC, ETH, USDT and their corresponding TRC21 Wrapped BTC, TRC21 Wrapped ETH and TRC21 Wrapped USDT. More coins/tokens will be added in the near future.
TOMOB is a prime use case for TomoBridge. TomoChain has issued BEP-2 TOMO tokens on Binance Chain called TOMOB.
No, we are not. We are simply offering a 2-way bridge to allow TomoChain holders to operate on Binance Chain (TomoChain <-> Binance Chain). This is TomoChain’s first real test of cross-chain compatibility using TomoBridge.
TomoChain has issued BEP-2 TOMO tokens on Binance Chain called TOMOB. With the creation of TOMOB, we have locked up an equal number of native TOMO to ensure the total supply remains the same.
Yes, you can.
No, you can't stake TomoB.