đETH Bridge ?
This is especially important to attract the attention of ETH users.
Last updated
This is especially important to attract the attention of ETH users.
Last updated
Web site https://eth.metaversefacemaker.com/
TOKENS https://etherscan.io/token/0x5d95901D045926EC7Ae7D4a64487D7A69c5b6D8F https://bscscan.com/token/0x6Ad0F087501Eee603AeDa0407c52864bc7f83322
Bridge https://etherscan.io/address/0xcc856b6d725a58b43ab27890fc9685f2247cc1f0#code https://bscscan.com/address/0xCC856b6d725A58b43Ab27890fc9685f2247Cc1f0#code
Bot @mefa_bridge_bot
On February 25, 2022, the ETH bridge was established and mefa eth was built.
There done a fork on the ETH network. We had 2 solutions for this.
Single server ( implies 1 validator and 1 relayer both placed on 1 server)
Multisig Bridge ( 3 validators and 2 relayers, each placed on separated servers - total 6 servers) Amazon AWS servers will be used as servers.
We used the second solution. But, as can be seen on the network, it was almost never in demand. That's why the servers that charge every month have been silenced. Three weeks after the announcement of the ETH bridge, it was commissioned at record speed.
We have researched the causes and consequences of this quite a bit. We could have had a supply problem when a token was created on the ETH side. The supply could have doubled. The supply problem had to be solved. A liquidity pool had to be created on the side of the ETH bridge. So on a DEX like uniswap a liquidity pool was required.
We understood more clearly how this problem can be overcome. For this, we thought of something like this. Creating a mefa contract in the ETH network and starting a new pre-sale after the audit. The pre-sale will be held in eth parity on the eth network. The pinksale platform can be used for this. So what to do next? Once a secure and locked-in liquidity token is created on the ETH side, the supply will be burned continuously according to a plan. The burn will correspond to 95 percent. A very small supply of 5 percent will be left on the eth side. And in order not to cause a supply problem in this 5 percent part, this much part will be burned by BSC. Thus, there will be no supply problem. When the price of the two pools is balanced, the bridge will be activated so that the mefa will live on both the eth and the bsc network. Because building the bridge first did not help anyone. The best way is to create a liquidity pool on both sides and connect these two lines with a bridge. However, this is currently considered purely draft and we can implement it after discussion and discussion with the community. We are also sure that a mefa token liquidity in uniswap will definitely reflect positively on mefa.