We have tested the bridge for nearly a week. Our secret dev has been watching the back end, making sure all is good to go. So far, the bridge has been sturdy enough for everyone we've shared it with to go across.
So what's on the other side?
The Avalanche (Avax) Network. We had contemplated bridging to Ethereum first; however, the gas fees are astronomical on Ethereum and a bridge to Avax gets us access to all the same benefits. Avax transactions have gas fees that have been a few cents in all the transactions I've made. We expect to see their fees remain low, which is also a plus. So other than lower fees, why Avax?
Why AVAX?
Rather than quote large swaths of other people's works, I'll link to this:
CoinTelegraph's article on Avax where they cover the origin, the benefits, etc. Let's put it this way...it is super fast, fairly inexpensive, and they love games as much as the rest of us. Opening the bridge to Avax was the first of many bridges we expect to use to expand the reach of Psyber-X.
Next Steps?
Many of us have already posted funds to start the Liquidity Pools. We have a LVL:Avax liquidity pool on all the major Avax LP sites.
Pangolin
Trader Joes
embr
Yetiswap
How do you get to wrap LVL up and bring it to the other side?
First:
You'll need an Avalanche wallet: https://wallet.avax.network/
Second:
I highly recommend a Metamask wallet. https://metamask.io/ You'll download an extension, much like the Hive Keychain for Hive. Metamask will hold on to your wallet for you. When you make transactions on the Avax side, you'll need some liquid Avax already in your wallet. Every transaction will cost some Avax. I bought mine on Bittrex.
Third:
This brings us to an important point. While Hive has a first layer (Hive) and a 2nd layer (Swap.Hive), Avax has 3 layers. C, P, and X. They literally call them the C-Chain, P-Chain, and X-Chain. When I bought Avax through Bittrex, it was on the X-Chain. I then transferred it to my Avax wallet at https://wallet.avax.network where I then used a cross-chain function to move my Avax from the X-Chain to the C-Chain. From there, I was solid!
Once you have Avax in your wallet, you'll connect your Avax wallet to your Metamask wallet. It will have an option on the upper-right corner to connect to Metamask or it will automatically recognize it when you get to the site if you have Metamask already set up as an extension (@bobthebuilder2 highly recommends this).
The Bridge
Granted, you may not need all of that above to move LVL to the other side of the bridge, but if you don't plan on using LVL on the other side, you probably should keep it where it is. There is a fee for using the bridge. It is currently set at a minimal 1%. We didn't want to gouge people for moving their funds over, yet we have to have enough charged to cover the fees of keeping this service available.
Notice also that it says you're moving LVL to the Avalanche C-Chain. See? I got you all prepped!
I know I haven't given you the site address yet...I have just a little more to tell you...like how it works.
How does it work?
When you send LVL through the bridge to convert it to LVL on the Avalanche C-Chain, your 2nd Layer Hive's LVL will go to @wrapped-lvl and stay there. It will sit on the Hive blockchain, waiting patiently. The bridge will then mint 1 LVL for each LVL you asked to bring over on the Avalanche C-Chain side. You can trade it, put it in a Liquidity Pool, etc. Let's say that you sell it to someone in the Avax camp (which we're hoping to have hundreds to thousands of people who don't even know about us yet, but will want to come over). They can then come to the same bridge and swap their Avalanche C-Chain LVL for Hive LVL. They'll need a Hive account to do it...but when they "Unwrap" their LVL, the Avalanche C-Chain LVL will be burned and @wrapped-lvl will send the equivalent amount of LVL to their Hive account. This way, there will never be more Avalanche C-Chain LVL than there is LVL in @wrapped-lvl's account. The 2nd-layer Hive's LVL will not be destroyed. It will be held tight in @wrapped-lvl's account for safe keeping, waiting for the LVL holder on the other side to come back.
Ready to walk the bridge?
If you'd like to use the bridge, keep in mind this is one of the first bridges ever built from Hive to another blockchain. I understand Leo and Splinterlands have done it. We are now the third that I am aware of. There may be issues. It is new. We've been building it since February and testing it the whole time. We've gone across the bridge back and forth many times and swapped LVL for AVAX with over $1000 worth of crossings to test all the variabilities we could conjure. You could lose your LVL. It's possible. It's code, after all...and while we trust in our dev to the highest degree, there could be flaws none of us were able to see. If you find an issue or need a hand to walk you through it all, reach out on our discord as seen in our Social Links below.
The bridge: PsyberSwaps.com
Good luck and don't wander too far!
After the Swap:
Thank you @dynamicgreentk for brining the need for me to show all of you how to see LVL after you've swapped to my attention.
When you've wrapped your LVL by crossing the bridge, there will be a couple ways for you to see LVL in your new AVAX wallet. If you're using MetaMask, you will click on this (Add to Wallet):
Now, I've already done it, so your prompt will look slightly different compared to my prompt; however MetaMask will ask you if you want to import your LVL token into your wallet, something like this:
If you click, "Add Token" your LVL balance will show up here:
I found the above image by clicking on my Extensions on my Chrome browser. Ta-Da! You have LVL in your MetaMask wallet on the Avalanche blockchain, the C-Chain.
If you did not use MetaMask or set it up beforehand, and you used http://wallet.avax.network instead, you'll see something like this:
In order to add LVL to your wallet, where you can see your newly added wrapped LVL tokens, you'll need to follow some steps:
Step 1:
Click on this:
Then you'll get a pop up like this:
In order to see your wrapped LVL (it's there, you just can't see it yet), enter this address:
0x33c7CA334A963e9C8c8b105AA097a7E392a286C7
That is the contract that mints wrapped LVL when it comes across the bridge and burns it when it leaves AVAX to go back to Hive. Here's the contract on Snowtrace:
https://snowtrace.io/address/0x33c7ca334a963e9c8c8b105aa097a7e392a286c7
Once I copied and pasted the address above (0x33c...), and pressed <ENTER>, it filled itself out the rest of the way:
Last:
Click Add Token. Once you do, you'll see your wrapped LVL tokens in your AVAX wallet like this:
Congrats!
Where's the Marketplace?
http://www.psyberxmarket.com
Crates hold 5 NFTs. Common crates are $20 worth of Hive/HBD. If you hold 200K LVL at the time of purchasing a common crate, you will automatically get a 30% discount.
Find the post here
Social Links
Psyber-X on Pimp Media
PsyberX on 1UP Zone
Hive account @psyberx
Twitter account psyberxofficial
Official Psyber X Discord Chat
Official Youtube account Psyber X
Official Facebook page Psyber X
Our Instagram account PsyberXofficial
The official Psyber X TikTok
Telegram Chat Invite
The Gaming Studio Royal Reptile Twitter
NftShowroom Psyber X Collection
Psyber X Blog on Reddit
Official 3Speak PsyberX Account
Whatsapp Chat Invite
Line App Chat Invite
well done!
Thanks guys! Im still promoting on Twitter! :)
Posted Using LeoFinance Beta
The rewards earned on this comment will go directly to the people(@dynamicrypto) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
Wow, it's fabulous. One never tires of discovering so many interesting things in this great blockchain. I didn't know about Avalanche and thanks for this great first look at the chain. I'm sure I'll explore even more and I'll get some benefit. Excellent
!PGM
!PIMP
🤘
Aw man @operahoser, you are out of PIMP to slap people.
Go Stake some more and increase your PIMP power.
(We will not send this error message for 24 hours).
Read about some PIMP Shit or Look for the PIMP District
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-0.00000001 BTC (SWWAP.BTC)
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
Amazing updates as always & check out that bridge! !1UP !PGM !CTP !PIMP !PIZZA !HBIT !BEER !WINE !LUV !Lolz !MEME !Gif press release
Aw man @dynamicrypto, you are out of PIMP to slap people.
Go Stake some more and increase your PIMP power.
(We will not send this error message for 24 hours).
Read about some PIMP Shit or Look for the PIMP District
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-0.00000001 BTC (SWWAP.BTC)
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
Congratulations, @dynamicrypto You Successfully Shared 0.100 WINEX With @psyberx.
You Earned 0.100 WINEX As Curation Reward.
You Utilized 1/1 Successful Calls.
Contact Us : WINEX Token Discord Channel
WINEX Current Market Price : 0.230
Swap Your Hive <=> Swap.Hive With Industry Lowest Fee (0.1%) : Click This Link
Read Latest Updates Or Contact Us
Via Tenor
Credit: memehive
Earn Crypto for your Memes @ hiveme.me!
@psyberx, @dynamicrypto(1/1) sent you LUV.
wallet | market | tools | discord | community | daily
Success! You mined .9 HBIT & the user you replied to received .1 HBIT on your behalf. mine | wallet | market | tools | discord | community | <>< daily
lolztoken.com
But at least it puts food on the table.
Credit: reddit
@psyberx, I sent you an $LOLZ on behalf of @dynamicrypto
Use the !LOL or !LOLZ command to share a joke and an $LOLZ.
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.
(1/4)
You have received a 1UP from @dynamicrypto!
@pimp-curator, @thg-curatorAnd they will bring !PIZZA 🍕
Learn more about our delegation service to earn daily rewards. Join the family on Discord.
PIZZA Holders sent $PIZZA tips in this post's comments:
@irisworld(1/5) tipped @psyberx (x1)
dynamicrypto tipped psyberx (x1)
Join us in Discord!
!PIZZA
Congratulations @psyberx! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 35000 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz: