THE BRIDGE COMING IN V1.2
The $SNAP Bridge
Own the infrastructure. Earn some fees. With no intermediaries.
Ethereum
ERC-20 / ETH
← MMP(Memetic Money Portal) →
Citrate
Wrapped Assets / SALT
What is $SNAP?
$SNAP is an ERC-6551 NFT. Each token is backed by a Token Bound Account on Ethereum that holds a proportional share of bridge liquidity and has voting rights in bridge governance. Holding $SNAP means you own a piece of the bridge infrastructure itself, not a claim on future governance decisions about infrastructure you never controlled.
How it will work
- User deposits assets on the Ethereum bridge contract
- MMP oracle nodes monitor and attest to the deposit
- Once quorum (67% of attestation weight) is reached, wrapped tokens are minted on Citrate
- Withdrawals reverse the process with oracle co-signatures