Henlo, and furthermore, ooga booga! 🏰🐻

Kingdomly is a community-first project, always doing our best to listen to our community’s feedback regarding our app and brand. We understand that many of you are upset about the bridge fees and we'd like to take a moment to address that. We're reducing fees to $2/NFT, working with partners to get it down to $1 for all collections and are planning on using part of our RFA allocation to incentivize bridging your eco collections to Berachain.

Berachain mainnet is now live, and as promised, the Kingdomly NFT Bridge is live.

Disclaimer: Kingdomly NFT Bridge is not an official bridge from the Berachain Foundation but a community-driven initiative designed to support the ecosystem on a large scale.

We at Kingdomly want to build bridges instead of burning them and recognize an opportunity to do so here. Therefore, going forward Kingdomly will adjust the bridge fees as best we can.

Here are the details:

• Initially, the bridge fee was set at $3 per NFT.

• Based on market conditions and community feedback, we’ve decided to reduce the fee to $2

• We are actively working with partners to further reduce the cost to just $1 per NFT (with their subsidization)

We'd like to take a moment to thank Smilee Finance, Vase Finance, Yeet, HoneyPot Finance and CubHub for being the first to help us bring the fees down to $1 for their collections. If you're a holder of these collections, expect a reduction in bridge fees sometime in the next couple days. We will be working hard on our end to edit the bridge contracts in a timely manner.*

• Additionally, a portion of our RFA will be used to incentivize bridging, ensuring that users can bridge at little to no cost and fully participate in the Berachain mainnet ecosystem.

• We plan on incentivizing early users who bridged at $3 with RFA as well so that everything is fair. We are working on a way to reward those who loyally supported Kingdomly — stay tuned for updates!

We are acting on this initiative immediately by scoping all technical requirements (tracking bridge actions, changing fees) as well as by entering fee subsidization partnership conversations with each partner collection bridging. We will continue updating the community as more partners join to assist Kingdomly in covering fees for their collections.

We will make a notable formal announcement once we finalize technical and business requirements. Please be patient during this process.

TLCR (too long can't read) 🐻

- Kingdomly is cutting our fees to $2/NFT for all collections

- Kingdomly is working with projects to cut it $1, depending on their willingness to help us reduce fees

- Partners who have already agreed to reduce to $1 are: **Smilee Finance, Yeet, Booga Beras, CubHub, HoneyPot**

- Kingdomly is incentivizing those who bridged already and will also allocate some incentives for those who bridge after the cost reduction

- Timing: Implementing changes from projects who have already confirmed their involvement (as well as for all currently deployed bridges) will take a ~ 3-5 business days to fully execute, please be patient and stand by for more announcements

Thank you for your support, to those who stood by and chose to respectfully challenge us.

Best regards,
The Kingdomly Team