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A Guide To Bridging To zkSync Era

If you’re looking to send your funds to this new Layer-2 network which is the zkSync Era Mainnet, here are the 4 main platforms that you can use:

For a complete guide on bridging your funds, you can check out my video here:

Platform #1: zkSync Bridge

If you have funds on the Ethereum Mainnet, you can bridge them over using zkSync’s official bridge.

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However, when I tried this, the gas fees that I needed to pay were around $5, and this was really expensive.

I would not recommend this method if you only have a small amount of ETH that you wish to bridge over to zkSync.

Platform #2: Multichain

Multichain is a great option if you have some Ethereum on other Layer 2s like Polygon, Arbitrum or Optimism.

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The fees are around 0.0006 ETH (about USD $1), so it’s not really that bad.

Furthermore, the gas fees will be much cheaper than Ethereum, as they should usually cost less than $1.

Platform #3: Rhino Finance

Rhino Finance is another platform that you can consider, but you are only limited to bridging to zkSync from either Arbitrum or the Ethereum Mainnet.

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The bridging fee os quite cheap and costs around 0.00075 ETH (about USD $1.28), while I paid around 30 cents worth of ETH tokens on Arbitrum to get my funds over.

Platform #4: Orbiter Finance

While Orbiter Finance announced that they support the zkSync Era mainnet,

I was unable to find this option when I launched this decentralised application (DApp).

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Some people did mention that bridging to zkSync was rather buggy, so I’m not sure if the issues have been resolved.

Otherwise, this is another platform to consider as you can bridge across multiple Layer 2s, which is similar to Multichain.

Conclusion

After getting your funds on zkSync, you may want to consider interacting with some of the decentralised applications (DApps) to qualify for the potential zkSync airdrop.

The gas fees are still rather expensive, and it may cost you around $1 per transaction, so you may want to bridge more funds to this network.


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Crypto

Shardeum Airdrop Details

Last updated on March 28th, 2023

Here are some of the links that you’ll need to participate in the Shardeum airdrop.

For the full guide, you can refer to my video here:

#1 Adding Shardeum to Metamask

The good thing about Shardeum is that it is an EVM-compatible network, so you can use Chainlist to add this network right away.

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There are 3 different versions of the Shardeum network, and it will be best to add Shardeum Liberty 2.X and Sphinx 1.X, as Sphinx is the latest version, while some decentralised applications (DApps) are still using Liberty 2.X.

#2 Claiming Testnet SHM

You can follow the guides on Shardeum’s documentation to claim your testnet tokens on the different networks.

image 1

You will need to join Shardeum’s Discord channel, and claim the testnet tokens using the various faucets.

There is a command you can type, and you should receive the testnet tokens in the wallet address that you’ve provided.]

#3 Performing Swaps

You can use the SHM tokens that you’ve received to swap them on Swapped Finance.

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The interface is similar to any other decentralised exchange (DEX) that you’ve used before on other networks like Ethereum or Polygon.

I tried using the Sphinx network, but Swapped Finance currently does not support it, so you will need to swap tokens on the Liberty network instead.

Apart from swapping tokens, you can add liquidity as well.

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All of these will help you to qualify for the potential airdrop, especially if it requires you to interact with multiple smart contracts.

#4 Purchasing a .shm domain

You can purchase a .shm domain which is similar to the likes of Space ID, Unstoppable Domains or ENS.

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These domains can be purchased on the Polygon network, and cost around 8 MATIC.

Once Shardeum’s mainnet is live, your domain NFT will be migrated to the mainnet.

#5 Performing social activities on Crew3

The last activity you can do is the various social activities on Shardeum’s Crew3 page.

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These social tasks can be rather simple, including following Shardeum on Twitter, as well as joining Telegram and Discord communities.

Conclusion

These are just some of the activities that you can perform to qualify for the future airdrop. None of these are guaranteed, but since this is free, why not give it a shot!


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Crypto

Is Your Metamask Address ALWAYS The Same? (Explained)

If you own a Metamask wallet, you may be looking to send assets across multiple networks to the same wallet.

There are some networks that have their own specific address, so does this apply to Metamask addresses as well?

Here’s everything you need to know.

Is my Metamask address the same for all coins?

Your Metamask address will be the same for any coin you send to the same network. This is because all tokens on the same network follow the same token standard, so the wallet address used for all tokens will always be the same.

You can find out more in my video here,

or read on to find out the written explanation.

Regardless of whether you are sending USDT, USDC or ETH to your Metamask wallet address, it will always be the same address.

This is because the Ethereum network is a smart contract network, allowing anyone to create tokens on the network. All of these tokens exist on the Ethereum network by adhering to the ERC20 token standard, so you can use the same address when you are sending any token to that wallet address.

Your Metamask wallet address uses the EVM-compatible format, where it starts with the prefix ‘0x’.

This concept is similar to how you will be using the same address if you are sending these tokens to a centralised exchange like Binance.

You can see that if you are looking to deposit ETH to Binance on the Ethereum network,

Binance Deposit ETH

your address will be exactly the same as the address that you use to deposit USDT to Binance on the Ethereum network.

Binance Deposit USDC

If you’re looking for a different address, you would not be able to find one as well!

As such, sending tokens on the same network will always use the same wallet address, as all of these tokens follow the same token standard.

Is my Metamask address the same for all networks?

Your Metamask wallet only supports EVM-compatible networks, so the address will always be the same, regardless of which network you’re using in your wallet.

If you have used multiple blockchain networks, you may have noticed that different networks may use different wallet addresses.

For example, your BTC wallet address may start with multiple prefixes (e.g. ‘1’, ‘3’, ‘bc1’), while your Tron address may start with the prefix ‘T’.

In the case of all EVM-compatible networks, they are all compatible with the Ethereum Virtual Machine, and the wallet address format will be the same, starting with the prefix ‘0x’.

You can try switching between all of the different networks that you have added to Metamask.

If you would like a fast way of adding any network to Metamask, you can check out my quick video guide below:

You may notice that the wallet address is always the same, regardless of whether you’re using the Ethereum network,

Screenshot 2023 02 23 at 16.29.12

the BNB Smart Chain,

Screenshot 2023 02 23 at 16.29.37

or the Polygon network.

Screenshot 2023 02 23 at 16.29.44

If you are using the same wallet across all of the different networks, your Metamask address will always be the same as it only supports networks that are EVM-compatible.

This is also why you can’t add some networks to Metamask like Bitcoin, Solana or the Tron network, as they are all not EVM-compatible!

As such, it matters more about the network that you’re using to send your funds to Metamask, rather than the wallet address.

Even if you use a different EVM-compatible network to send the token to the same wallet address, you still would be able to view all of your funds in your Metamask wallet.

For example, it is possible for you to withdraw USDT from Binance to Metamask using multiple networks, which you can view here:

If you intended to have USDT on the Ethereum network, but you sent it via the Polygon network instead, all you’ll need to do is to add the Polygon network on Metamask.

However, you may need to use a crypto bridge to transfer your funds from Polygon back to the Ethereum network.

You can’t send via non-EVM-compatible networks

One thing that you may want to take note of is that sending tokens via a non-EVM-compatible network to an EVM-compatible address will result in a loss of funds.

You can find out more about EVM-compatibility in my video here:

For example, if you use the Tron network to send to an EVM-compatible address (starting with ‘0x’), you would lose your funds!

Centralised exchanges like Binance will ensure this does not happen by matching only EVM-compatible networks to this address.

Screenshot 2023 02 23 at 16.55.50

Conclusion

Your Metamask wallet address will always be the same, regardless of whether you’re sending to a different network on the same Metamask wallet, or a different token on the same network.

This is the power of EVM-compatibility, which makes it so much easier to switch between such networks!


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Crypto

3 Steps To Send USDT To Trust Wallet

Last updated on July 28th, 2022

If you own some USDT, you may be looking to send it to your Trust Wallet.

However, there are 5 different versions of USDT that Trust Wallet supports:

  • EVM-compatible (ERC20, BEP20, and MATIC)
  • TRC20
  • SOL

Here’s a guide on how you can do so:

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Crypto

3 Steps To Add stETH To Metamask

If you’re looking to transfer your stETH tokens to your Metamask wallet, you will need to import them as a custom token.

The process of adding stETH 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.

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Crypto

3 Steps To Send USDC To Trust Wallet

If you own some USDC, you may be looking to send it to your Trust Wallet.

However, there are 5 different versions of USDC that Trust Wallet supports:

  • EVM-compatible (ERC20, BEP20, and MATIC)
  • TRC20
  • SOL

Here’s a guide on how you can do so:

Continue Reading