Relay DeFi Academy: How to bridge tokens from Polygon to Avalanche.

-


In this video we explain how to bridge "cross chain" tokens from the Polygon chain "network" to the Avalanche chain "network" with the Relay multi chain bridge. The whole procedure can also be found here: docs.relaychain.com/xxxxxxx bridge url: https://app.relaychain.com/#/transfer Trader joe's swap url: https://www.traderjoexyz.com/#/trade First I will show the assets on the Polygon network. Switch to Polygon. Open swap. Now we select the wrapped Avax token. Then we select the amount to transfer. Next we click on the destination chain, which is Avalanche and press transfer. Once this windows shows up we approve the transfer. Metamask will show up and we click confirm. Then start transfer. Now we switch networks from Polygon to Avalanche and confirm in Metamask. We press the swap tab and it will take us to Trader Joe's website. Now we connect Metamask wallet . Now that we receive the bridge transfer we will swap wAVAX to AVAX. NOTE: In this video we used wAvax (Wrapped Avax) and Avax (Native Avalanche token) as an example to bridge. The Relay token is a native token on all chains and doesn't need to be wrapped. If a token doesn't exist on a chain yet and you like to bridge assets. You can always use Relay as an intermediate Token: 1. Swap your source token to Relay on any source chain. 2. Bridge Relay from any source chain to any destination chain. 3. Swap Relay on any destination chain to your destination token. ***Make sure you have native gas tokens on both the source as the destination chain. Chain - Native gas token - on chain dex : Avalanche - Avax - Trader Joe: https://www.traderjoexyz.com/#/trade Polygon - Matic - Quickswap: https://quickswap.exchange/#/swap BSC - BNB - Pancake Swap: https://pancakeswap.finance/swap Heco - HT - SOON Ethereum - ETH - Uniswap: https://app.uniswap.org/#/swap?use=V2 -------------------------------------------------- ------------- Resources: relay chain: https://relaychain.com relay documentation: https://docs.relaychain.com Relay White Paper: https://www.relaychain.com/whitepaper Relay downloadable WP: https://docs.relaychain.com/pdf/bridg... Relay Animated WP: https://www.youtube.com/watch?v=Ziwqo... About us: RelayChain is the world's first multi-blockchain Defi BaaS (Bridging as a Service) Offering both B2B and B2C multi-blockchain Bridge. Currently connected to Ethereum, Polygon Matic, Binance Smart Chain, Avalanche and soon PolkaDot. Zero Exchange is the world's first multi-blockchain DEX, offering crypto trading, IDO launchpad, mining and staking on Ethereum, Avalanche, Binance Smart Chain, and more. Users enjoy low fees and more...




 

Comments

Post a Comment

Popular posts from this blog

Polygon (MATIC) price sees 33% bounce as bulls tag $0.84

-
Image
  Polygon (MATIC) price sees 33% bounce as bulls tag $0.84 -  July 21, 2021 An extension of the upside momentum could see MATIC/USD break towards the $1.00-$1.20 range. The price of Polygon (MATIC) rose 33% to touch highs of $0.84, after positive sentiment in early trading sessions on Tuesday buoyed the entire cryptocurrency market. Other major gainers among the top 20 include Solana (SOL) +17%;  Dogecoin  (DOGE) +16%;  Cardano  (ADA) +11% and  Binance Coin  (BNB) +10%.  Bitcoin  (BTC) is up over 6% while  Ethereum  (ETH) has jumped 9.6% as of writing. The bullish rebound for MATIC price comes on the back of a 41% downtrend over the past nine days. Despite the gains, Polygon’s price remains below a long-term bearish trendline and bulls need to take full advantage of the market sentiment to breach the barrier near $0.85. MATIC price analysis MATIC price currently hovers above a horizontal support line at $0.78 after slightly ret...
Read more

Liquidity pools for RelayChain — Janv. 14th. 2022

-
Image
Liquidity pools for RelayChain — Janv. 14th. 2022 There are many liquidity pools for RELAY on different networks: Paired with RELAY, or paired with a wrapped version of tokens (marked by (*)) transferred by the Relay Chain bridge. Single Side Staking: Stake Relay on Avalanche: Emission: AVAX APR: 13.4% Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Moonriver: Emission: MOVR APR: 21% Where to stake: https://app.relaychain.com/#/single-sided-staking Stake Relay on Polygon: Emission: MATIC APR: 12% Where to stake: https://app.relaychain.com/#/single-sided-staking Network: Avalanche Pair: AVAX — RELAY Emission: JOE APR: 102% TVL: $305k Where to add liquidity: https://www.traderjoexyz.com/#/home Where to stake: https://www.traderjoexyz.com/#/home Pair: AVAX — MOVR (*) Emission: CNR APR: 183% TVL: 60AVAX Where to add liquidity: https://app.canary.exchange/#/ pool Where to stake: https://app.canary....
Read more

MultiVAC joins RelayChain in an extensive bridging collaboration. — About Relay

-
Image
MultiVAC joins RelayChain in an extensive bridging collaboration. — About Relay RelayChain has partnered with MultiVAC to import multiple assets from various blockchains. The initial bridge links will be between Ethereum, BSC, Polygon, Avalanche, Cronos, Harmony, Moonriver and MultiVAC. MultiVAC’s vision is to enable large-scale commercial DApps to integrate smoothly into the ecosystem, enabling everyone to quickly and easily use blockchain applications to improve their work efficiency and quality of life, thereby creating a trustworthy, fair and harmonious society. MultiVAC pioneers All-Dimensional Sharding, that is, the world’s first sharding solution that parallelizes consensus processing, consensus storage, and consensus message transmission. MultiVAC incorporates flexible sharding, the ability for DApps developers to choose features of the shards they wish to use specifically tailored for their performance, security, and decentralization requirements, allowing the producti...
Read more