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Bind BEP2 and BEP20 Token

2020.9.8  •  3 min read
Blog post image.

Binance Smart Chain and Binance Chain work together to ensure that one token can circulate in both formats with confirmed total supply and be used in different use cases. Token Binding can happen at any time after BEP2 and BEP20 are ready. The token owners of either BEP2 or BEP20 only need to complete the Binding process when a cross-chain feature is necessary.

Compile Token-Bind-Tool

  1. Download the code:

  2. Compile token bind tool:

make build


  1. Generate temp account (Deploy contract on Binance Smart Chain):

    ./build/token-bind-tool initKey --network-type {testnet/mainnet}

    Example response:

    Temp account: 0xde9Aa1d632b48d881B50528FC524C88474Ec8809, Explorer url:
  2. Transfer 1 BNB to the temp account.

    2.1 Cross chain transfer

     bnbcli bridge transfer-out --expire-time `expr $(date +%s) + 3600` \
     --chain-id Binance-Chain-Tigris --from {keyName} --node \
     --to {temp account address} --amount 100000000:BNB

    Example command:

    bnbcli bridge transfer-out --expire-time `expr $(date +%s) + 3600` \
    --chain-id Binance-Chain-Tigris --from bep2TokenIssuer --node \
    --to 0xde9Aa1d632b48d881B50528FC524C88474Ec8809 --amount 100000000:BNB

    2.2 You can also transfer BNB from other Binance Smart Chain account with Metamask.

Bind BEP2 token with BEP20 token

Case 1

Suppose you have already issued a BEP2 token, and you want to deploy a BEP20 token and bind it with existing BEP2 token:

  1. Import bep2 token owner key(Send bind transaction on Binance Chain):

    1.1 From ledger: connect ledger to your computer and open Binance Chain App

    bnbcli keys add bep2TokenIssuer --ledger --index {your ledger key index}

    1.2 From mnemonic:

    bnbcli keys add bep2TokenIssuer --recover
  2. Prepare BEP20 contract code

    2.1 You can refer to BEP20 Template and modify it according to your own requirements.

    NOTE 1: Ensure the BEP20 symbol is identical to the prefix of a BEP2 token symbol. Suppose a BEP2 token symbol is ABC-123, then the BEP20 symbol must be ABC.

    NOTE 2: Ensure the total supply equals to the BEP2 token total supply. As we know, the decimals of BEP2 tokens are 8, if the BEP20 decimal is 18, then the BEP20 total supply must be BEP2_total_supply*10^10.

    NOTE 3: If your BEP2 token is mintable, then you'd better implement mint in BEP20 contract. Otherwise, you'd better remove mint in BEP20 contract.

    2.2 Compile your contract with Remix and get contract byte code:

  1. Edit script/contract.json to add contract byte code:

      "contract_data": ""

    Fill contract byte code to contract_data

  2. Deploy contract, bind and transfer ownership:

    ./script/ {mainnet/testnet} {bep2TokenIssuerKeyName} {password, for ledger key, use empty string: ""} {peggyAmount} {bep2 token symbol} {token owner} {path to bnbcli or tbnbcli}

    Example command:

    ./script/ testnet bep2TokenIssuer "12345678" 0 ABC-D9B 0xaa25Aa7a19f9c426E07dee59b12f944f4d9f1DD3 $HOME/go/bin/tbnbcli

Case 2

Suppose you have already issued BEP2 token, deployed BEP20 contract and sent bind transaction, now you just want to approve bind from your Ledger device:

  1. Connect ledger to your machine and open Ethereum app.
  2. Execute this command to approve bind:
./build/token-bind-tool approveBindFromLedger --bep2-symbol {bep2 symbol} --bep20-contract-addr {bep20 contract address} \
--ledger-account-index {ledger key index} --peggy-amount {peggy amount} --network-type {mainnet/testnet}

Case 3

Suppose you just want to deploy a BEP20 contract and transfer all token and ownership to your owner account, then you can try this command:

./build/token-bind-tool deployBEP20ContractTransferTotalSupplyAndOwnership --bep20-owner {bep20 owner} \
--config-path {contract byte code path, refer to `script/contract.json`} --network-type {mainnet/testnet}

Refund rest BNB on temp account

./build/token-bind-tool refundRestBNB --network-type {mainnet/testnet} --recipient {bsc account}