BBSToken is BBSCoin on the Tron blockchain. BBSCoin is a cryptocurrency designed for exchanging virtual credits on websites and forums. BBSToken allows BBSCoin holders a bridge to the Tron network by swap-freezing BBSCoin for BBSToken.
BBSToken, while on a Tronlink wallet, gives the user portability to take them anywhere without a computer and the mobility to transfer their BBSTokens at any time from any location from where they can access the internet.
BBSToken (BBST) is listed on the Bololex Exchange. An airdrop of 110 Million BBST was completed after a successful listing. Thanks to all who supported the BBSToken listing on Bololex.
Bololex [ BBST-TRX ] https://bololex.com/trading?symbol=BBST-TRX
Bridging the BBSCoin community into the Tron network. BBSCoin holders will be able to swap-freeze coins for tokens, allowing them to reach more exchange markets beyond the usual Bitcoin and Litecoin markets that come with higher exchange requirements and fees. Unspent BBSTokens may be returned to unlock from the Frozen BBSCoins which may be withdrawn.
The BBSToken (BBST) was recorded as a TRC-10 token on the Tron Blockchain on: 2020-10-14 18:15:18 (UTC)
Token link on TronScan: https://tronscan.org/#/token/1003413
BBSCoin was created on 2018-01-17 as a cryptonote coin that is PoW mineable in Cryptonight Lite v7.
The current unlocked supply of BBSToken (BBST) is 64.47 Billion BBSToken (BBST). Full supply is 184.47 Billion, the remainder 120 Billion are frozen/locked on the blockchain and will only be unlocked if circulation is needed. There are about 105.12 Billion BBSCoins minted/circulating by mining and it will take about 2 more years of mining to reach 120 Billion since the mining reward reduces every day.
Wrapped BBSToken (WBBS) is an additional swap of BBSToken into a TRC-20 token, which may be used on the JustSwap DEX or any other DEX that may support TRC-20 tokens. You must use the DApp Browser or Discover inside Tronlink to open this website and connect Tronlink and use our DApp to swap BBST for WBBS (1:1), just find the [ Swap ] tab.
The Wrapped BBSToken (WBBS) was recorded as a TRC-20 token on the Tron Blockchain on: 2020-10-15 22:39:53 (UTC)
Token link on TronScan: https://tronscan.org/#/token20/TB3CjdHfkraU7MJLSQESYPY4U2CMKXi3LB
NOTICE: When interacting with BBSTokens, please make sure you interact with the ones matching the IDs mentioned above (Token ID: 103413 and Contract: TB3CjdHfkraU7MJLSQESYPY4U2CMKXi3LB). If you were to find other BBSTokens on the Tron Network, please let us know by Joining our Telegram group: @bbstoken (link: https://t.me/bbstoken)
Updates to the plugins are expected to happen and completed within 3 months(End of April 2021).
BBSToken to be integrated into the plugins along with API documentation. New addons will be created to cover other popular platforms used for forums and websites.
Plugins/Addons: Current versions are only for BBSCoin, BBST Wallet Container to be developed.
To complete the Plugins/Addons updates to include BBSToken, a wallet container for BBSToken must be developed, and will be designed to use the same commands as the BBSCoin Wallet container (walletd). This way the plugin will re-use the commands vs creating new ones and save content bytes and functions are also re-used. Will have to add a mode for running both BBSCoin and BBSToken, in the case some webmasters would like to do so.
BBSToken Wallet Container: Under Engineering Design
The swap-freeze platform allows BBS holders to deposit BBSCoin to be swap-frozen to circulate BBSToken on a 1:1 ratio and be sent to their Tron wallet address. The BBSCoin will stay swap-frozen on the platform while the user holds/spends BBSTokens. Any BBSToken may be able to return deposite and withdraw BBSCoin back to a BBS wallet. When BBSToken is returned, the BBSToken is uncirculated.
[ BBSCoin ] ---> [ Platform ] ---> [ BBSToken ] COMPLETED
[ BBSToken ] ---> [ Platform ] ---> [ BBSCoin ] NEXT FEATURE (Under construction and testing.)
How will it work?
Create an account on the platform by using the Register link on the top mene and make sure to insert your token address where asked. The Tron wallet address must be of an activated one. You will receive a unique BBSCoin address to make deposits of BBSCoin to it. When deposited, the platform will send you the equivalent amount(1:1) in BBSToken to your recorded Tron Wallet address when the BBSCoin transaction is confirmed on the blockchain. When you return BBSTokens, to the BBSToken main wallet which will appear on the platform, the equivalent amount of BBSCoin is unlocked and you may withdraw it to a BBSCoin Wallet. The main wallet uncirculates the tokens automatically.
Platform: Use the [ Login | Register ] links located on the menu at the top of page, or open this website "bbstoken.click" inside your Tronlink wallet.
As you may read on the [ BBSCoin <=> BBSToken (BBST) ] section above, the BBSToken(BBST) will deposit-freezed into the Wrapped BBSToken(WBBS) to mint and circulate the WBBS for use in JustSwap or other DEX that may support TRC-20 tokens. The DApp is hosted on this website, so that BBST holders may swap in and out for WBBS.
When you need to swap back WBBS to withdraw BBST, the contract burns an equivalent amount of WBBS from your wallet, and returns the equivalent amount of BBST to your wallet.
[ BBSToken ]>---<[ DApp ]>---<[ Wrapped BBSToken ] COMPLETED
There is no set Supply amount of Wrapped BBSTokens, there is only a matching which is equal to that of BBST deposited into the WBBS contract. This is why there is minting and burning of WBBS, so it only exists as an equal amount of deposited BBST and no extras are around.
Wrapper: Open this website with Tronlink and go to the [ Swap ] tab after connecting it.
The mining pools allows you to acquire BBScoin by helping with the mining of the blocks that carry new transactions on the blockchain. You may send mined BBSCoin to your BBSCoin Wallet or direct deposit them to your BBSCoin wallet address from your BBSToken Swap Platform account and directly receive BBSToken on your Tron wallet address.
[ BBSCoin Pool ] ---> [ Platform ] ---> [ BBSToken ] COMPLETED
If you prefer to have the separate BBSCoin wallet, you may download it from bbscoin.click/download. Please make sure to change it to use the remote node by going to: Settings -> Preferences -> Select: Remote Node, then enter node.bbscoin.click for host and 21204 for port, then click [ SAVE ], wait for it to finish saving, then restart the wallet software. Then you may go to a Mining Pool from the links below and to find the getting started instructions to follow (mining software download is required).