Bridging
Transfer native tokens from accepted bridges
In order to fix the fungibility issue of early bridging, QiDao pioneered the canonical bridging standard for transferring tokens between blockchains.
Token bridges, such as Stargate and Axelar, are allocated MAI tokens to transfer between chains. Using crosschain messaging systems, these bridges transfer liquidity between chains. No bridge can mint MAI on any chain. Only the QiDao Protocol retains these minting rights.
Exposure to bridges is limited via MAI allocations. These allocations can be revoked partially or fully. As bridging technology improves, QiDao can change bridge providers by removing MAI allocations.
Summary of Benefits
No reliance on any one bridge
Full fungibility of MAI across all chains
Exposure diversifications between several bridges
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