PolkaEx Integrates with AnySwap
Dear PolkaExians, as part of our quest to make onboarding projects and assets onto Shiden easier, we are very glad to announce the launch of a Shiden <-> Ethereum bridge in partnership with AnySwap. AnySwap currently supports cross-chain routing of assets between Shiden and Ethereum.
After continuous cooperation with the AnySwap team, we have decided to launch this bridge to help reduce obstacles posed by the huge gas fees on Ethereum. This provides an avenue for users to move their tokens/assets to Shiden to benefit from the low fees and high transaction speed. This is a major step among our innumerable concrete steps to make PolkaEx easily accessible and usable with zero restrictions in terms of transaction costs and to become the go-to AMM Decentralized Exchange (DEX) on Shiden with the support of our wonderful community.
How to bridge PKEX tokens to Shiden
Make sure you have added Shiden Network to Metamask
🔹 Network name: Shiden Network
🔹 New RPC URL: https://rpc.shiden.astar.network:8545
🔹 Chain ID: 336
🔹 Symbol (optional): SDN
🔹 Blockchain browser URL (optional): https://shiden.subscan.io/
➡ Bridge Ethereum assets(PKEX) to Shiden
- Open the AnySwap’s official website: https://anyswap.exchange and click “Bridge” on the left menu bar;
- Connect the Metamask wallet in the upper right corner and set it as the ETH mainnet;
- On the right of “From”, select ETH Mainnet and PKEX assets;
- SDN mainnet and PKEX assets are automatically selected in the output field of “To”;
- Enter the number of PKEX that you want to cross the chain at the horizontal line below the “From” input field;
- Click the “Swap” button and the Metamask will pop up for the “Confirm” operation.
➡ Bridge Shiden assets(PKEX) to Ethereum
- Open the AnySwap’s official website: https://anyswap.exchange and click “Bridge” on the left menu bar;
- Connect the Metamask wallet in the upper right corner and set it as the SDN mainnet;
- On the right of “From”, select SDN mainnet and PKEX assets;
- ETH mainnet and PKEX assets are automatically selected in the output field of “To”;
- Enter the number of PKEX that you want to cross the chain at the horizontal line below the “From” input field;
- Click the “Swap” button and the Metamask will pop up for the “Confirm” operation.
Note: At present, whether PKEX assets are transferred from Shiden to ETH mainnet or ETH mainnet to Shiden, there is a handling fee. Please refer to the “Reminder” of AnySwap for the specific fees.
About AnySwap
Anyswap is a fully decentralized cross-chain swap protocol, which gives any blockchain that uses ECDSA or EdDSA as a signature algorithm access to its cross-chain bridge solutions. Anyswap has deployed cross-chain bridges for more than 700 projects and has developed 20 chains since its launch in July 2020. Anyswap launched the beta of its V3 Multichain Router on mainnet more than one month ago, this multichain router has three significant features: Non-custodial +MPC, Native Swaps and Multichain Router (This feature allows users to swap between two chains arbitrarily, which reduces fees and makes it easier to move between chains. To read more on this: https://anyswap.medium.com/anyswap-multichain-router-v3-beta-mainnet-is-live-b41079f7335f)
About PolkaEx
PolkaEx is a cross-chain DeFi suite consisting of a Decentralized Exchange, a Launchpad, Liquidity mining, and NFT usecases. Our main chain of focus is Astar and by combining a Launchpad with a Decentralized exchange we believe this can open the door for legitimate projects seeking to raise funds and list on a Decentralized exchange on Shiden to do so in a decentralized, low fee and developer-friendly environment. Our Launchpad is currently on Ethereum but the v2 of it and our Dex will be launching on Shiden before the end of the year. Shiden provides PolkaEx and the DeFi community as a whole a Layer 2 scaling solution which is beneficial in terms of transaction fees and speed. To summarize, while we make it possible for community members and investors to invest in early ideas and projects, we provide projects with a Decentralized exchange to list their tokens.
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