Establishing a Bridge between BSC and ETH Networks for BabyDoge

Objective: To enhance BabyDoge's market presence and appeal to Ethereum whales by establishing a bridge between the Binance Smart Chain (BSC) and Ethereum networks, thereby reducing transaction costs and leveraging the current bullish market trend.

Solution Details: Introduce a bridge, preferably via Stargate, to facilitate seamless transactions between BSC and Ethereum. This will allow whales to buy and sell BabyDoge on the Ethereum chain without incurring high taxes, thus increasing the attractiveness of BabyDoge to the Ethereum community.

According to team, we can use cex as a bridge as they are bit hesitant to take a risk for launching another bridge after what happened to MULTICHAIN, but kucoin doesn’t accept Eth babydoge deposit and htx mexc don’t allow eth babydoge withdraw possibly because of lack of user deposit via eth babydoge that’s why we need a wormhole/bridge service to facilitate smooth transition and calling a cex a bridge is just plain lazy.

Value Proposition: • Tap into the current meme market momentum and the popularity of BabyDoge by making it more accessible to Ethereum whales. • Drive up volume on the Ethereum chain, expanding BabyDoge's reach and market presence. • Showcase BabyDoge's commitment to innovation by adopting cutting-edge technology like interoperability. • Financial Considerations: Implement a 10% tax rate for the first three months after launching the bridge:

• 9% for burning tokens organically, aligning with the meme nature of BabyDoge. • 1% for liquidity to ensure a stable ecosystem.

Why Ethereum: • Recent team dedication to Ethereum through recent launches of an AI image generator and an NFT generator. • Bsc is mostly for small investor but Ethereum got the big guns • We already have implemented 0% tax rate on the Ethereum chain.

Timeline and Milestones:

1. Immediate Action: Initiate discussions with the community about the proposed bridge.
2. Short Term (Within 3 Months): Launch the bridge via Stargate and implement the 10% tax rate.
3. Mid-Term (Beyond 3 Months): Evaluate the performance of the bridge and consider reducing fees on BSC from March onwards.

Rationale for Burning 9%: • As BabyDoge started as a joke (420q), burning 9% aligns with the meme culture and reduces the token supply organically. • Creating scarcity may trigger a positive CHAIN reaction (pun intended), driving further interest and demand.

Cons of Multichain Bridge: • Potential downsides, such as reliability concerns and susceptibility to hacks. • Though a multichain bridge may have drawbacks, it is a necessary step to leverage current technology and appeal to a broader audience.

This proposal aims to position BabyDoge strategically in the evolving meme market, capturing the attention of Ethereum whales and solidifying its presence across multiple chains.