The API3 token is the fundamental unit of the Web3 API economy.
When you stake API3 tokens, you will be granted voting power in the API3 DAO enabling you to participate in governance, steer the direction of the project and allocate resources.
If you’re looking to transfer your API3 tokens to your Metamask wallet, you will need to import them as a custom token.
The process of adding API3 is much easier, as you do not need to add it as a custom token like OHM.
Here’s a guide to help you get started.
How to add API3 to Metamask on the Ethereum Network
Here are 3 steps to add API3 to Metamask:
- Go to Metamask and ensure that you are using the Ethereum Mainnet
- Select ‘Import Tokens’, and then search for API3
- Confirm the addition of API3 to your Metamask wallet
Go to Metamask and ensure that you are using the Ethereum Mainnet
The first thing you’ll need to do is to ensure that you are using the Ethereum Mainnet on Metamask.
This is the default network for all Metamask wallets. However, you are also able to connect Metamask to other blockchain networks, such as:
As such, do remember to be on the Ethereum Mainnet before moving on to the next step.
Select ‘Import Tokens’, and then search for API3
Once you’re on the Ethereum Mainnet, the next step will be to select ‘Import Tokens‘.
On the ‘Search‘ tab, you can search and select API3 as the token that you wish to import.
Alternatively, you can go to the ‘Custom Token‘ section.
you can paste it in the ‘Token Contract Address‘ field in Metamask.
If you pasted the correct contract address, API3 should automatically appear as the Token Symbol.
Confirm the addition of API3 to your Metamask wallet
The last step you will need to do is to confirm importing API3 one more time.
Once you’ve successfully imported API3 to your Metamask wallet, you should see it as one of your assets under the Ethereum Mainnet.
API3 is an ERC20 native token, hence you can deposit API3 via the ERC20 network to your Metamask wallet.
Once you have completed the import API3, you can consider sending API3 tokens from another platform to Metamask.
After adding and receiving your tokens to your Metamask wallet, you can consider using decentralised exchange (DEX) aggregators, including:
Since both platforms are DeFi aggregators, they will ensure that you will get the best rates for any swaps that you make!
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