Sidechain Proposal - Decentralizing STEEM & SBD: The MeeRay Bridge System
Introducing the STEEM & SBD Bridge Module for the MeeRay Sidechain
We’re excited to share an important update that makes the MeeRay ecosystem even more open, flexible, and future-proof: the STEEM & SBD Bridge module with customizable token symbols
What Is the Bridge System?
The bridge allows a node to act as a gateway between the Steem blockchain and the MeeRay sidechain
When a node is configured as a bridge, it can process deposits and withdrawals for STEEM and SBD equivalents inside the MeeRay ecosystem.
This means users can move STEEM and SBD in and out of MeeRay seamlessly, enabling trading , liquidity farming ✅, and other on-chain activities without relying on centralized exchanges or a single entity.
Custom Token Symbols for Flexibility
With the new settings, any bridge node can define custom symbols for the STEEM and SBD tokens it issues on MeeRay ✅
This adds an extra layer of flexibility for node/exchange operators:
- Run your own bridge and choose your own symbols for the wrapped tokens (Important: wrapped tokens must be issued by the exchange account)
- Integrate STEEM and SBD into your own DEX or app in the way that fits your branding ✨
- You’re not locked into using FutureShock wrapped tokens or our naming conventions — the bridge adapts to your needs
- No additional tools needed to handle deposits and withdrawals ️
No Single Point of Failure
One of our priorities is decentralization and continuity
Currently, we issue the wrapped STEEM and SBD tokens on MeeRay with the symbol STEEM and SBD. But what happens if, for some reason, we disappear? (Hopefully we won't )
With the new bridge setup:
- Any other witness/issuer can step in, issue the same wrapped tokens with different names , and continue bridge operations
- The system does not rely on a single operator — anyone can take over
- The ecosystem remains functional and independent
- New pairs, pools, and farms can be created with those new wrapped tokens
Building Your Own DEX With STEEM & SBD
The best part? This bridge system means anyone can create their own DEX that supports STEEM and SBD trading inside MeeRay
You’re not limited to our exchange or tools. If you want to build your own decentralized market with custom trading pairs , you can — the bridge makes it possible
Why This Matters
- More decentralization ✅ — No single authority controls the bridge
- Customizability — Run the bridge your way, with your own token symbols
- Ecosystem growth — Multiple DEXs and apps can integrate STEEM and SBD seamlessly
- Future-proofing — Even if one operator disappears, the bridge can keep running
The Bigger Picture
MeeRay’s vision is to provide a self-sustaining, decentralized ecosystem where governance, trading, and utility are all in the hands of the community
This bridge is one more step toward that vision
By enabling anyone to run their own STEEM/SBD bridge and DEX, we ensure that the sidechain remains open, flexible, and unstoppable — now and in the future
What do you think?
Would you run your own STEEM/SBD bridge or build a DEX using it? We’d love to hear your ideas in the comments
As always, this summary was generated with help from AI using real testnet logs and GitHub commits to ensure accuracy and technical depth
!thumbup
0.00 SBD,
0.05 STEEM,
0.05 SP
Great !!!
Great 👍 By the way, @futureshock have you done the snapshots for July & August?
Hi @happycapital,
We do not post all snapshots but they are always taken on the 14th of each month, and you can check them on https://github.com/FutureShockco/meeray-airdrop.
We also made a summary with the top 100 recipients:
https://steemit.com/steemdev/@futureshock/sidechain-proposal-meeray-airdrop-summary
Cheers
0.00 SBD,
0.05 STEEM,
0.05 SP
Hello @futureshock! You are Marvelous!
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