The Floki team recently finalized a transaction to help leading cryptocurrency exchange Huobi bridge 200 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 200 billion FLOKI tokens from the Ethereum blockchain to the Binance Smart Chain.
This is coming after we recently helped Huobi bridge 50 billion FLOKI tokens from the ETH chain to the BSC chain.
To facilitate this transaction, we bridged 200 billion FLOKI tokens from the Floki treasury to the BSC Chain and sent it to Huobi who then sent the same amount of tokens back to our ETH multisig treasury wallet in multiple transactions.
This was done in a series of transactions:
The first transaction involved bridging 200 billion tokens from the Floki multisig to the Floki Deployer wallet in the following TXs:
The second transaction was a transfer of the bridged 200 billion Floki tokens by the Floki Deployer wallet to the Floki multisig:
The third transaction was a transfer of the 200 billion bridged Floki tokens from the Floki multisig to Huobi in four transactions:
Huobi then transferred a total of 200 billion FLOKI tokens back to the Floki multisig treasury wallet over 10 transactions with the following TXs:
This move signals Floki’s willingness to cooperate with 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!