I’m curious about whether it would be possible to have an “universal” TokenBridge, allowing for various ERC20 tokens to be added on demand, for a fee in POA. This universal TokenBridge could be controlled by POA validators, a transfer from POA Network to ETH also coming with a slight POA fee.
- ERC20 to ERC20 TokenBridges have fantastic value proposition, but their reliability only goes as far as the reputation of the bridge maintainer(s).
- lone developers and small teams don’t always have the clout to guarantee safety.
- POA validators are already staking their reputation.
=> The reputation of POA validators could be leveraged for the purpose of an universal TokenBridge.
Adding fees to both listings and transfers could prevent spam, as well as drive some extra demand for the POA token.
It would also make the bridge more accessible to less knowledgeable dapp developers.
…I fall in the last camp, so, I’m not even sure if this suggestion makes sense from a technical standpoint. But I would love to use such a bridge if it existed!