💸 PeakeCoin’s SWAP.USDT → USDT (MATIC) Bridge Is Now Live!

After weeks of development and debugging, the PeakeCoin USDT Bridge is officially up and running.
This marks a big milestone — bringing Hive Engine’s SWAP.USDT directly onto Polygon’s USDT network, through a decentralized, script-driven swapbot powered entirely by Python.

🧩 How It Works (Quick Recap)

The system is made up of three main parts:

1. monitor_usdt.py – Watches Hive Engine for SWAP.USDT transfers to peakecoin.matic
2. usdt_swap.py – Processes new verified transactions and sends USDT on Polygon
3. usdt_runner.py – Keeps everything running side by side in one terminal session

Each incoming Hive transaction must:

• Be sent to peakecoin.matic
• Come from a whitelisted Hive account
• Include a valid Polygon wallet address in the memo

Once approved, it automatically mirrors the transfer by sending the equivalent amount of USDT on Polygon.

🔐 Whitelist Access Required

The bridge is in controlled beta, which means only approved Hive accounts can use it.

To gain access:

• You must apply for whitelist approval
• A 10 PEK registration fee will be required
• Once approved, your Hive account will be permanently added to the list of trusted senders

This prevents abuse, ensures stability, and keeps liquidity manageable while the project grows.

Example log output:

[MONITOR] APPROVED: Transaction from whitelisted sender 'peakecoin'
[SWAP] Sent 25.00 USDT to 0x1234abcd... (tx hash: 0x87f91...)

If your account isn’t approved yet:

[MONITOR] REJECTED: Transaction from non-whitelisted sender 'randomuser'

🪙 Why the 10 PEK Fee?

The 10 PEK fee isn’t about profit — it’s about protecting the bridge.

Each registration:

• Verifies a real user
• Prevents spamming of swap requests
• Funds future gas costs and liquidity
• Helps sustain the system’s maintenance on the Polygon side

Think of it as your ticket to the bridge, ensuring a trusted, stable connection between Hive and Polygon.

🌉 Current Liquidity Status

Right now, liquidity on the Polygon (MATIC) side is limited.
That means some transactions may take a little longer to process or may temporarily queue until more funds are available.

If you’d like to help expand the pool — donations are welcome in either:

• USDT (Polygon)
• SWAP.USDT (Hive Engine)
• PEK — to support operational growth

Every contribution goes toward strengthening the bridge and ensuring reliable cross-chain swaps for everyone.

🧠 Technical Notes

• The system saves every new transaction in usdt_transactions.jsonl
• Each successfully bridged transfer is recorded in usdt_swap_processed.txt
• If the bridge restarts, it resumes exactly where it left off (no duplicates)
• Transactions include timestamped logs for full traceability

Example of a successful relay:

[MONITOR] NEW TRANSFER DETECTED:
   TX ID: 2e6c4ca38a437e...
   Amount: 50.0 SWAP.USDT
   From: peakecoin
   Memo: 0x185deE705cBd272Dbf597C6419Ba035B660B95c9
   Block: 69512749
[USDT DISTRIBUTOR] Sent 50.0 USDT to 0x185deE7... tx hash: 0x4a1b7f...

🧾 Coming Next

• A webform for whitelist registration (automatically processes 10 PEK fee)
• Optional API endpoint for swap status lookups
• Dashboard integration for viewing bridge activity live
• Re-enabled gas fee deduction for Polygon transactions

🦀 Maryland-Made, Blockchain-Built

This bridge isn’t a corporate project — it’s a grassroots, home-built blockchain link, coded right here in Maryland.
Like the Chesapeake Bay bridges that inspired it, the PeakeCoin USDT Bridge connects two worlds — one token at a time.

“From Hive to Matic, from the Bay to the Blockchain — we’re building bridges that actually work.”

Want access?
Stay tuned for the whitelist application post and registration form.
You can also support development or donate liquidity directly to help the bridge grow stronger.

💬 Join the movement — PeakeCoin is bridging Maryland to the metaverse.

This report was published via Actifit app (Android | iOS). Check out the original version here on actifit.io

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