BRIDGE UPDATE
The Multichain (anyswap) bridge was previously used to move BLAST tokens from one Chain to another. The said platform went down a while back.
After a couple of bridge trials, BLAST Token now has a new Bridge. This bridge also creates additional utility for BLAST token because the bridge fee for transferring BLAST token, is paid with $BLAST. The new bridge currently only supports transfers from the Binance Smart Chain to BASE Chain (BSC to BASE). Testnet and Mainnet testing were both successful. Unlike the previous ETH bridge, which only supported a maximum of 10M tokens per transfer, this new bridge supports up to 750B tokens per transfer. Improvements are ongoing to support more chains for cross-chain transactions in the near future.
As always, no additional tokens were created on BASE. Currently, when sending your BLAST token from BNB Chain to BASE Chain, here is how it works.
Sender sends 10,000,000 (10M) BLAST tokens via bridge, the BSC smart contract automatically takes the regular 10% transfer fee for rewards distribution and Pancakeswap locked LP. The 9,000,000 (9M) tokens are automatically burned on the BNB Chain and regenerated on the BASE Chain. The 0.45% bridge fee also applies to all bridge transactions, which is much less than most bridge fees. As always, no one is obligated to transfer their BLAST token to any blockchain. You can remain on the blockchain where you currently hold the BLAST token and transfer remains optional.
Remember, there are bad actors everywhere and on every platform; BASE Chain is not immune to the crypto reality. Therefore, extreme caution is highly encouraged and always make sure you are interacting with the real token. Some are already promising fake token airdrops and creating look-alike tokens on BASE. SafeBLAST (BLAST) contract address has already been verified and also submitted for logo verification to help with easy identification. As with everything, always do your own research and trade responsibly.
NOTES:
New BLAST token bridge:
https://bridge.blastswap.com
BASE Chain explorer link:
https://basescan.org/token/0x86Ce1175dd5b09d7e950257aB070C4024788dEaC
Smart Contract Address on BASE Chain:
0x86Ce1175dd5b09d7e950257aB070C4024788dEaC
Bridge Fee: 0.45%
Max. BLAST per Transaction:
750,000,000,000 (750B)
Min. BLAST per Transaction:
10,000,000 (10M)
There’s currently a BLAST/ETH Pair on BASE chain through Uniswap v3, but anyone can create a trading pair on BASE as they see fit. The growth process of the SafeBLAST ecosystem continues and all members of the community are strongly encouraged to do the very best to grow adoption of the BLAST token.
