ioTube Airdrop is a decentralized cross-chain bridge that enables the bidirectional exchange of crypto-assets (e.g., fungible/non-fungible tokens, stablecoins) between IoTeX and other blockchain networks. ioTube doesn’t have an own token yet but is likely to launch one in the future. Using the bridge to transfer assets between IoTeX and other chains may make you eligible for an airdrop if they launch an own token.
Connect your ETH, BSC, Polygon, Polis or IoTeX wallet.
Now bridge assets between IoTeX and other chains.
Try to bridge assets between all available chains.
ioTube doesn’t have an own token yet but could launch one in the future and may do an airdrop to early users of the platform.
Please note that there is no guarantee that they will do an airdrop to the early users of the platform. It’s only speculation.
IoTeX is quickly becoming the most connected blockchain in the industry. With cross-chain integrations and two-way token swaps now available between IoTeX and Ethereum/Polygon/BSC, users can find thegreater utility of their digital assets by exploring Dapps across multiple blockchains with the same tokens. For example, IOTX + XRC20 token holders can transfer tokens to three of the top blockchains in the world and utilize their tokens in an ever-growing number of Dapps, DEXs, farms, and more.
ioTube utilizes multiple smart contracts on both the origin/destination blockchain to enable cross-blockchain token transfers. It starts when a user deposits assets into the Cashier contract on Chain A, which is an event that is observed by multiple Witness nodes. These witnesses verify this event and send a signature to the Relayer network, which aggregates all signatures and instructs the Validator contract on Chain B to mint the same amount of Proxytokensthat were deposited on Chain A.
The ioTube v5 architecture is composed of the following contracts:
Witness List: stores the list of active witnesses
Token List: stores the list of whitelisted tokens
Token Safe: stores the tokens deposited into the Token cashier, that are used to transfer to recipients by the Transfer validator contract
Minter Pool: holds the minter authority of all mintable tokens
Token Cashier: accepts token/coin deposits and emits a receipt for each deposit
Transfer Validator: validates witness signatures and then withdraws tokens from Token safe to recipients.
For depositing assets, the TokenCashier contract validates the following:
1.Checks if the asset is listed and active
2.Checks if the amount is within the maximum limits
3.Checks if the asset is a Proxy token (e.g., ioETH on IoTeX is a proxy token)
4.If a proxy, burns it and creates a receipt; if not a proxy, deposits it into the TokenSafe.
For minting (i.e., issuing Proxy assets), the TokenValidator contract ensures:
1.The asset being converted is whitelisted and active via Token List
2.The transfer has attestations from at least two-thirds of all witnesses
3.If so, the contract mints Proxy tokens and transfers them to the given recipient.
Guidelines for tokens
They will only take into consideration projects that
does not represent any type of cryptocurrency “scam” e.g. project counterfeit and others.
shows clear signs of activity: either traffic on the network, activity on GitHub, or community buzz.
Only tokens from Ethereum, Binance Smart Chain or Polygon can be bridged to IoTeX at the moment.
The token icon should be small, square, but high resolution, ideally a vector/svg.
Make sure your website includes a detailed explanation of project and the token contract address.
No Profanity in token name, token description, etc.
Token contract has to be verified on explorers
The submitter has to be verified author from the token’s project
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.