📢 Cere Bridge Upgrade to Align with New Token Economy 🚀
We’re making major improvements to our bridge infrastructure and token system!
Here’s what’s happening:
- 100,000 $CERE will be transferred from the old Chainbridge to Hyperbridge for testing.
- Hyperbridge will be deployed on Mainnet, using a lock and release model (no more mint and burn!).
- A new transaction type will be introduced to enable future token burns.
Why it matters:
- No new tokens will be minted — only locked and released.
- Lays the groundwork for future token burn events.
- Stronger and more secure bridge functionality.
🗳 Your Vote Matters!
Cast your vote here 👉 https://cere.polkassembly.io/referenda/34
Thanks for supporting the next evolution of Cere’s bridge and token economy!
Post #593
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