Blockchain technology is an exciting concept in cryptocurrency. There are many cryptoassets with different use cases and ecosystems. A bridge is needed to promote interactions between these tokens to ensure smooth communication and connection between these assets while retaining the actual value.
For this reason, blockchain technology provides the necessary bridge connecting different blockchain networks and systems. A significant project that aims to build on this existing blockchain technology is Supontis.
This project provides some exciting insights that will interest crypto enthusiasts and novices alike. This article will review key features of the Supontis platform and the $PON token. It will also compare existing projects such as Polygon MATIC ($MATIC) and Mantra DAO ($OM).
Features and benefits of Supontis
Supontis is a revolutionary project poised to improve how blockchains interact with each other. Coined from the words “Super” and “Pontis” (translated bridge), Supontis aims to act as a “Super Bridge”, connecting native tokens from different blockchain networks, thereby preserving the token’s value.
Supontis offers some unique features that make it a worthwhile investment. These include: Built-in Mechanism: The Supontis mechanism based on a smart contract provides easy transfer of assets. When a transfer of assets is initiated in the network, the mechanism locks the assets in the first chain and creates the same amount of wrapped assets in the final chain. This mechanism is reversible (burns the wrapped assets and unlocks the assets in the first chain) while maintaining the actual market value. Supontis DAO: The decentralized autonomous organization on which Supontis builds its ecosystem, enables users to make operational decisions and agree on potential projects. These decisions are made possible by owning and holding $PON, Supontis Native Token.
Supontis offers stake rewards: Supontis works on a Proof-of-stake consensus mechanism. This consensus allows users to support the integrity of the Supontis network by locking some $PON tokens in a user wallet and offering incentives to such users. Users with many $PON tokens become the network’s validators and receive passive income from Supontis.
Supontis is based on BNB Smart Chain: BNB Smart Chain has earned its reputation as a cheaper alternative to other prominent blockchain networks such as Bitcoin ($BTC) and Ethereum ($ETH). Additionally, BNB is an excellent Decentralized Finance (DeFi) network with faster transaction speeds while maintaining low transaction fees.
These are attractive features SUPPONTIS offers. You can enjoy these features by holding many $PON tokens, which give you voting rights, stake rewards and fast transactions at a low cost. Consider how SUPPONTIS compares to POLYGON MATIC and MANTRA DAO.
Supontis ($Pon) vs Polygon Matic ($Matic)
Polygon Matic ($MATIC) is a well-known decentralized platform that offers faster transactions than major blockchain networks, including Ethereum and Bitcoin. This platform provides a two-tier scaling solution that uses proof-of-stake consensus, allowing up to 100,000 transactions per second. A significant disadvantage of Polygon Matic ($MATIC) is that it supports projects within the Ethereum ecosystem.
In relation to this, the Supontis Network offers smooth connections between different networks that provide easy transfer of assets while maintaining the actual value of such investments. With the EVM (Ethereum Virtual Machine), Supontis developers can easily create decentralized apps based on the BNB Smart Chain to access other networks.
Supontis ($PON) VS MANTRA DAO ($OM)
MANTRA DAO is a decentralized platform governed by the community to ensure a transparent and decentralized ecosystem. Using $OM as its native token, Mantra DAO focuses on lending, staking and multi-chain services in the decentralized financial market. With proof of stake consensus, tokens are locked in the MANTRA DAO network while receiving rewards.
In relation to this, Supontis offers DAO and multi-chain structures where community members can decide on potential projects and offer stake incentives to users who lock in their tokens to support the network.
Supontis is an exciting project with decentralized features to attract potential investors and community users. With multi-chain capabilities, Supontis uses BNB Smart Chain for faster transactions with lower transaction costs.
Supontis Ecosystem is made possible with $PON tokens that the community can use to vote, stake and validate transactions across networks. Supontis is poised to improve the world’s view of blockchain connectivity.
Supontis Token (SUP)
Pre-sale: https://register.supontis.com
Website:
