Gate.io AMA with Chainport-Lets You Hop Across Chains At A Click

2023-02-07, 07:33

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![](https://gimg2.gateimg.com/image/article/1675754748IMG_20230207_133609.jpg)
**<font size=4>Time: Sep 30th, 2022, 13:00 UTC
[Gate.io](https://www.gate.io "Gate.io") hosted an AMA (Ask-Me-Anything) session with the Cthe CMO of Chainport, Maximiliano Stochyk in the [Gate.io Exchange Community](https://t.me/gateio "Gate.io Exchange Community").
Official Website: http://chainport.io/ 
Twitter: https://twitter.com/chain_port 
Follow Chainport on [Twitter](https://twitter.com/chain_port "Twitter") and [Telegram](https://t.me/chainport "Telegram")
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**Guest**
![](https://gimg2.gateimg.com/image/article/16757549291.jpg)
**Maximiliano Stochyk — CMO of Chainport**
## Q&A from Gate.io
### Q1: Can you introduce yourself to our community?
**Maximiliano**: Hey I’m Maximiliano, Head of Marketing at ChainPort, I started investing in Crypto back in 2014.

### Q2: Can you briefly tell us what is ChainPort in 3-5 sentences?
**Maximiliano**: ChainPort is a next-gen hard-security blockchain bridge that lets you hop across chains at a click.
![](https://gimg2.gateimg.com/image/article/16757551152.png)
It delivers today the promise of full interoperability between blockchains and does it in a simple secure interface.

### Q3: Let’s now talk about the milestones you have achieved so far and about your upcoming plans? 
**Maximiliano**: ChainPort is one of the biggest bridges in the space by  TVL on DefiLlama.com, we achieved many great things in the last year since we launched back in June 2021!

We currently support more than 9 chains including Ethereum, BNB Chain, Avalanche, Polygon, Fuse, Fantom, Moonriver, Aurora, and Dogechain!

Our TVL stands at around $70M but with an ATH of almost $500M, our volume is substantial and stands at more than $615M in the last months which is great!

We managed to get adoption and we are just getting started, big updates are coming in the next months including Stablecoin support, new chains, ChainPort private custodian, and more!

### Q4: Can you explain your product and its features to our community?
**Maximiliano**: Fund Segregation - We are the only fully-custodian bridge in the space, we found this is the best way to go after we’ve discovered that decentralized bridges can not be trusted for now due to the technology involved in operating a bridge securely.

Speed - We are able to port any token from one chain to the other within 3 minutes, we are the fastest bridge in the space.

Live Human Support - We offer support for all the projects/communities using Chainport, actually live human support so if any user has issues porting they can get in touch with us directly.
![](https://gimg2.gateimg.com/image/article/16757551513.png)
Permissionless - No need to pay for a listing, get approval, etc…anyone can come with their token and port it to any of our supported chains, for free. Only gas fees.

### Q5: PORTX is here. Can you tell us more about your native token?
**Maximiliano**: Yes, so PORTX is our native token https://chainport.io/token

We launched last week! You can get PORTX on Gate.io

ChainPort's native utility token is the PORTX token, it is central to ChainPort’s ecosystem and long-term sustainability, and represents a unit of value and a medium of exchange that can be used in many ways.

I invite everyone to join our TG community to read the latest news @chainport and https://twitter.com/chain_port

As we are a bridge we will be listed on all major DEXs on different chains and CEX listings also!

We didn't announce all of them, so stay tuned for the next few days!

Great news are coming and you can also follow our ChainPort News channel here: t.me/chainport_news

### Q6: What are the main benefits of holding PORTX long-term?
**Maximiliano**: Fee distribution-ChainPort’s fee mechanism ensures long-term sustainability for a cross chain bridge. The mechanism essentially turns ChainPort and PORTX token into an ecosystem with incentives for holders and crypto projects. By turning ChainPort into a fully-fledged ecosystem, it will become the de facto bridge of choice for whoever wants to port tokens.

Basic Porting Fee - up to 95% Converted to PORTX

20% Project reward - An ongoing incentive for projects to make ChainPort their official bridge of choice. Claimable in PORTX.

20% Participation rewards - For each port made, the user will receive points that will reward them with PORTX.

20% Referral/Affiliation Rewards - distributed to eligible parties who referred the ported token, or ports made from an integrated ChainPort modal or through the API.

15% PORTX Buyback - A portion will be utilized to buy back PORTX on the market. Some, to all of this amount, may be used to remove tokens from liquidity (burns).

10% Lliquidity - Added on the various DEXs as liquidity forever. Half in PORTX and half in stablecoins.

10% APY for Stakers - This portion rewards PORTX stakers on the official ChainPort fee manager contract.

5% ChainPort Future Development - will be used for ChainPort future development.

### Q7: Regarding Roadmap, can you please update us on the next roadmap milestones you have for the next months? 
**Maximiliano**: We are working on many new chains. We just introduced Dogechain, Aurora as EVM and we will have Cardano as our first non-evm chain in the next couple of weeks. This is a big milestone, this should happen after the Cardano fork!

Next we will continue adding more EVM chains and non-evm chains like Solana and more!

You can check our roadmap here: https://twitter.com/chain_port/[Status](https://www.gate.io/trade/SNT_USDT)/1570093736150941697

### Q8: Who are your biggest partners and investors?
**Maximiliano**: ChainPort raised over $14M in private and public rounds, led by DAO Maker, Shima capital, and LD Capital. The early investors in the project include more than 50 top-leading blockchain-focused VCs. Investors include ZBS Capital, Master Ventures, Double Peak, Halvings Cap, Metrix Capital, Fundamental Labs, Tribe Capital, Poolz, Kairon Labs, Maven Capital, Lucid Blue, CoinX, Ghaf Capital, Existential capital, and others.

You can find more here: https://www.chainport.io/blog/chainport-raised-14m-in-private-public-rounds-to-expand-its-cross-chain-bridge

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<div>Author:** Rio Fu.**, Gate.io Community
<div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions.
<div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
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