Blessnet aims to support the entire Ethereum ecosystem. In reflection of that BLESS is natively multi-chain.
On Blessnet BLESS operates as a standard gas token. When not on Blessnet BLESS is an ERC20 token with cross-chain technology baked in. The token contract includes self-bridging methods that leverage Wormhole and the Arbitrum Nitro rollup bridge. This allows BLESS to bridge itself between supported chains.
BLESS has some striking features, including being:
- Natively Multi-Chain
- Governance enabled
- Native token on Blessnet, an ERC20 on other chains
- Single, consistent, contract address on all chains
- Able to self-bridge from any supported EVM chain to any supported EVM chain
- Able to self-bridge from any supported EVM chain directly to Blessnet
- Able to self-bridge from Blessnet to any supported EVM chain
Bridge Balances
As BLESS can self-bridge it does not need to rely on external custodial bridge contracts.
Instead, when moving from chain to chain BLESS is burned on the sending chain and minted on the receiving chain. This eliminates the need for large custodied balances on numerous chains.
The exception is the Arbitrum Nitro rollup bridge that custodies BLESS ERC20 tokens that are represented as native gas token on Blessnet.