The CRST token is deployed on Ethereum and bridged to Polygon. The Polygon POS bridge now facilitates the bridging of CRST tokens. We chose the initial deployment on Ethereum for a couple of reasons:
1.Possibility to deploy LP on Uniswap (biggest DEX with most liquidity)
2.Possibility to create CRST/LUSD pair. LUSD is the most decentralized non-fiat-backed stablecoin. After the recent DEPEG of USDC we realized a future de-pegging event of any fiat-backed-stablecoin could pose a massive risk to the project. LUSD liquidity isn’t available on Polygon, therefore, Ethereum would be the chain of choice.
3.Bridgebility of CRST to other L1/L2 chains (Arbitrum, Avalanche, Q etc)
Ethereum has a disadvantage regarding high gas fees
All CRST token utilities will be on Polygon to avoid high gas fees
