Ubit Docs
  • Summary
  • DOCUMENTATION
    • Learn about the Ubit Platform
      • Ubit Overview: vision, strategy and platform components
      • The Ubit Blockchain
        • Discovering the Network
        • Ubit Consensus
        • Delegation through Staking with Validators
        • Ethereum (EVM) Compatibility and Smart Contracts
        • Boosting Ubit's Scalability
      • Ubit Token (UBIT)
        • UBIT Tokenomics
        • Exchanges, Wallets, On-Ramps and DeFi Tools Supporting UBIT
        • UBIT on Other Chains
      • Interoperability
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        • Ethereum ↔ Ubit GoodDollar Token
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On this page
  • UBIT on Ethereum
  • UBIT on Polygon
  • UBIT on Binance Smart Chain
  • UBIT on Arbitrum One
  1. DOCUMENTATION
  2. Learn about the Ubit Platform
  3. Ubit Token (UBIT)

UBIT on Other Chains

Interoperability with other major blockchains is important for the growth of Ubit and the prospects of realizing its vision. One of the ways of securing it is through enabling the versions (wrappers) of UBIT on other chains.

Unlinke UBIT on Ubit, those wrappers are UBIT20 tokens are created whenever someone locks a certain number of tokens on the Ubit and gets issued the exact same amount of wrapper tokens on the target blockchain. If a user withdraws the wrapper from the target blockchain, the tokens burned and the UBIT tokens on Ubit are unlocked.

Currently, wrapped versions of UBIT token exist on Ethereum (mainnet), Binance Smart Chain and the Arbitrum One layer-2 optimistic rollup chain for Ethereum. The latter is a wrapper of a wrapper powered by the Ethereum-Arbitrum bridge and its withdrawals from Arbitrum are subject to the optimistic rollup rules.

UBIT on Ethereum

Token contract: https://etherscan.io/token/0x970b9bb2c0444f5e81e9d0efb84c8ccdcdcaf84d

UBIT on Polygon

Token contract: https://polygonscan.com/address/0xf915fdda4c882731c0456a4214548cd13a822886

UBIT on Binance Smart Chain

Token contract: https://bscscan.com/address/0x5857c96dae9cf8511b08cb07f85753c472d36ea3

UBIT on Arbitrum One

Token contract: https://arbiscan.io/token/0xbdef0e9ef12e689f366fe494a7a7d0dad25d9286

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Last updated 1 year ago