Today, we propose to bridge the $CGPT token from BEP-20 to ERC-20 and extend support to the Ethereum network by enabling $CGPT to operate on the BNB Chain and the Ethereum network. We aim to provide numerous advantages to our ecosystem and foster stronger connections with the ETH community.
ChainGPT has collaborated with ChainPort, a reliable bridge provider, to facilitate a seamless transition of $CGPT from BNB to ETH and vice versa. In addition, ChainPort will support CGPT with cross-marketing campaigns and expedite the process of whitelisting the CGPT contract address on ERC-20 across many partner platforms of theirs, such as CoinGecko, EtherScan, etc.
We have already established partnerships with several centralized exchanges, including KuCoin. These exchanges have expressed their willingness to support the launch of CGPT on Ethereum, either immediately upon the official launch or shortly after that. This ensures that $CGPT holders can trade and access their tokens seamlessly on multiple platforms.
Furthermore, we are excited to announce that CGPT will be listed on Uniswap, one of the most popular decentralized exchanges on the Ethereum network. By securing listings on both centralized and decentralized exchanges, we are making CGPT tokens easily accessible and tradable within the Ethereum ecosystem.
CGPT can be swapped between BSC -> ETH and vice versa in a 1:1 ratio through ChainPort. The process takes the most a few minutes to happen, and the platform is user friendly. In addition, Kairon Labs, our MM partner, will market make between both chains and arbitrage the price of CGPT between Uniswap (ETH), PancakeSwap (BSC), and the supported centralized exchanges, to ensure the equal value of CGPT between all officially supported liquidity pools.
If the proposal passes, we plan to execute this plan on June 15th, at 2PM (UTC). In addition to our network of partners supporting our cross-chain bridge day, we will spread the word of the event via online ads and other marketing efforts.
Now, we invite all members of the ChainGPT Ecosystem to vote on whether we should bridge $CGPT to ETH. Your vote will play a crucial role in determining the direction of our ecosystem and the potential expansion of our token's utility.
Please cast your vote by replying to this proposal with your preference. The voting period will remain open for 48 hours, during which we encourage active participation and thoughtful deliberation.
Thank you for your continued support and contribution to the ChainGPT Ecosystem. Together, we can unlock the full potential of AI in the Web3, Crypto, and Blockchain domains.