50 BILLION FLOKI TOKENS BRIDGED FROM THE ETH CHAIN TO BINANCE SMART CHAIN FOR HUOBI GLOBAL
The Floki team today finalized a transaction to help leading cryptocurrency exchange Huobi bridge 50 billion FLOKI tokens from the Ethereum blockchain to the Binance Smart Chain.
Due to massive demand for FLOKI on the BNB Chain on the Huobi exchange, the Huobi team had a significant shortfall of tokens on the BNB chain and reached out to the Floki team to help bridge 50 billion FLOKI tokens from the Ethereum blockchain to the Binance Smart Chain.
To facilitate this transaction, we bridged 50 billion FLOKI tokens from the Floki treasury to the BSC Chain and sent to Huobi who then sent the same amount of tokens back to our ETH multisig treasury wallet.
This was done in a series of transactions:
The first transaction was a withdrawal of 50 billion FLOKI tokens to the Floki deployer:
The second transaction was a deposit of 50 billion FLOKI tokens to the FLOKI bridge on the ETH network by the Floki deployer:
The third transaction was a withdrawal of 50 billion FLOKI tokens from the FLOKI bridge on the BSC network:
The fourth transaction was a transfer of the bridged 50 billion FLOKI tokens to Huobi on the BSC network:
Huobi then transferred a total of 50 billion FLOKI tokens back to the Floki multisig treasury wallet over three transactions with the following TXs:
This move signals Floki’s willingness to cooperate with our key, strategic partners and to be transparent about it with our community. It also indicates strong demand for the FLOKI token on the BNB chain, an ecosystem we are proud to be building on!