The scenario is, I want to deploy the same smart contract in binance smart chain to polygon matic and avalanche. Or I want to deploy same contract on different chain network like bsc, matic and avax. The smart contract is the same, and What about the price of the token? Is it sychronized price? or depends on the market of different network? Like applying cross-chain of token, how token cross-chain works?
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The scenario is, I want to deploy the same smart contract in binance smart chain to polygon matic and avalanche. Or I want to deploy same contract on different chain network like bsc, matic and avax. The smart contract is the same
ok
What about the price of the token? Is it sychronized price?
No
or depends on the market of different network? Like applying cross-chain of token, how token cross-chain works?
If they are on an AMM dex like uniswap, it will depends on the bots to arbitrage the price and keep it as close to some equilibrium (CEX?) price.
Oh see, thank you, so the deployment is per network chain. How about the token that is already deployed in bsc, and want to be available in avax and polygon matic? I need to deployed the separate token in every network or just to create a wrapped token that already exist in bsc?
They would be a different deployment on each chain. I believe the bridge that you use to transfer your tokens onto a different network is in charge of creating these tokens but it varies from bridge implementations.
You may also need to reconciling 2 or more instances of the same token on the same chain e.g.
xdai -> eth
xdai -> matic -> eth
Thats clear me. Thank you mate