Version 3.2 - BBS token integration to the BBS network

Feb 22, 2022 3:53 PM

Withdraw BBS tokens

You may withdraw BBS tokens in the following methods:

- Withdraw and convert BBS tokens to EOS tokens in your Coinbase account (low fees)

- Withdraw to Ethereum. Requires an Ethereum wallet. Gas fees are paid with BBS tokens.

- Withdraw to EOS wallet. Requires an EOS wallet (such as Ancor / Wombat / Scatter).

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Send BBS tokens between BBS members

Buy Cashable Community Tokens 

This functionality is primarily for advertisers. Members can purchase cashable community tokens using their BBS balance, BBS tokens on EOS, or even a credit card. If cashed out, purchased tokens are subject to the community fee.

BBS token Ethereum - EOS bridge

The new functionality is possible thanks to the new bridge, which is limited in capacity to 1300 BBS tokens per block (about $50k an hour) for security reasons.

To move from Ethereum to EOS

(please test with small amounts before transferring large amounts)

Approve the BBS amount you wish to transfer from the BBS token contract to the Bridge Contract - Spender: 0x22d0407029261876B77d49adCBD45faC6151D8cA Onwer: Your Address

Initiate the transfer from the Bridge Contract

User Function 15 (the second xTransfer)

  • ToBlockchain: eos
  • To: EOS Account
  • Amount: in BBS tokens

Note that all parameters need to be encoded as byte32/hex, so, for example, the string "eos" is encoded as "0x656f73". You can convert to the correct encoding using the online converter at: https://web3-type-converter.onbrn.com/

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