I'm setting up wXMR, wETH and wBTC tokens on SmartBCH. Is this a good or great idea?

I figure I'll start small but I hold all these coins anyway so figure I can take a few $thousand of each, set up a designated address for each asset, then start "wrapping" them on SmartBCH.

Until there is an actual bridge for all these tokens (it could be years I believe) this would be a good stop gap. What do you guys think?