OBORTECH Bridges OBOT Token to Base via ChainPort

tl;dr

• OBORTECH has bridged its OBOT token to the Base chain via ChainPort’s Private Bridge.

• OBORTECH is discontinuing support for Ethereum and BNB, with tokens on these chains set to be burned.

• ChainPort’s Private Bridge uses shared custody with 3/4 signatures for enhanced security.
  
  
• Bridging fees are 0%, with only gas fees applicable for transfers to Base.

Bridging OBOT Token to Base via ChainPort’s Private Bridge

OBORTECH has successfully bridged its OBOT token to the Base chain via ChainPort’s Private Bridge, and it's available for trading on Uniswap. This marks a significant shift for OBORTECH, as they abandon support for Ethereum and BNB. Tokens on these chains will be burned, with no bridging back from Base.

OBOT BNB Contract: 0xF83759099dC88f75FC83de854c41E0D9e83AdA9B

OBOT Ethereum Contract: 0xeDADeB5fAa413e6c8623461849DFD0B7C3790c32

OBOT Base Contract: 0xF83759099dC88f75FC83de854c41E0D9e83AdA9B

ChainPort’s Private Bridge utilizes shared custody with 3/4 signatures, split between OBORTECH and ChainPort, ensuring enhanced security. Bridging fees are set at 0%, so token holders only cover gas fees when transferring tokens to Base.

OBORTECH, a blockchain-based platform for supply chain management and logistics, leverages blockchain technology and IoT devices to create a digitized, traceable ecosystem. Through its Smart Hub, OBORTECH provides real-time collaboration, secure document exchanges, IoT-based tracking, and a decentralized marketplace for supply chain actors.

The OBOT token is essential to the ecosystem, serving various functions like transaction fees and contract bonuses and facilitating services within the Smart Hub Marketplace. OBOT is also used as a governance token, allowing holders to participate in decision-making processes for the platform.

How to Bridge OBOT from BNB to Base in 3 Steps

Below is a step-by-step guide on how to bridge OBOT tokens from Ethereum to Base. Please note that token holders can also bridge OBOT tokens from BNB to Base by changing the source chains.

Step 1 - Connect Your Wallet

Head over to the ChainPort app (https://app.chainport.io/) and connect your wallet. Wallets such as Ledger, Trezor, Coinbase Wallet, Wallet Connect, and Metamask are supported by ChainPort.

Step 2 - Select the Chains & Token

In the drop-down menu, select the source blockchain and token. In our case, the source chain is BNB, and the token is OBOT. Select Base as the target chain.

Step 3 - Confirm Tx & Get Tokens

Before confirming the transaction, please review all the related information. Details include the source and target blockchain, gas fees, and the specific number of OBOT tokens. Once all details are confirmed, please approve the transaction and wait a few minutes.

After the transaction, you will receive OBOT on Base.

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