How to bridge funds to Fantom on Equalizer Exchange (2024)

How to bridge funds to Fantom on Equalizer Exchange (3)

Equalizer is a Decentralized Exchange for existing and new tokens that launch in the Fantom ecosystem.

Join our community on Twitter and Discord to keep up with all the new token launches and farming opportunities, as Equalizer redefines the DeFi landscape on Fantom.

Moving assets between different networks doesn’t have to be a headache. Equalizer has made it easy by implementing two of the top bridge solutions right on our website.

This guide will explain how to bring your assets, including stablecoins (USDC and USDT) onto the Fantom Opera chain.

TL;DR? Here’s a short video guide created by Equalizer’s founder, Hoops! 👇

You can find the Bridge section on the top menu of the Equalizer dApp.

How to bridge funds to Fantom on Equalizer Exchange (4)

These are two options from which you can choose:

1. Squid (uses Axelar tech)

How to bridge funds to Fantom on Equalizer Exchange (5)

Using Squid is a hassle-free process. Just select the chain you’re currently connected on, pick the asset you want to bridge from, then select the Fantom network and the asset you want to receive.

You can either bridge the same tokens (i.e. USDC → axlUSDC) OR do a cross-chain swap (i.e. USDC -> any Fantom native token including EQUAL).

Grant Squid’s contracts permission to use your funds and then simply proceed with the transfer.

Transactions usually take just a few minutes to complete. You can follow the status in real time.

Pro Tip: If you do not have any FTM for gas, you can request Squid to convert a small portion of your funds (approx. $2 worth) into FTM on arrival!

Here’s how to enable this setting:

How to bridge funds to Fantom on Equalizer Exchange (6)

2. Stargate (uses LayerZero tech)

How to bridge funds to Fantom on Equalizer Exchange (7)

Stargate provides a user-friendly interface, ensuring a seamless and engaging bridging experience. You just have to choose the origin and destination chains, along with the tokens you’d like to bridge.

When ready, just click on Transfer, grant token allowance and then confirm the transfer. The whole process usually takes just a few minutes.

✨Stargate also allows you to request gas on arrival, in case you do not have any FTM. You have the option to request a custom amount of tokens by following the steps below:

How to bridge funds to Fantom on Equalizer Exchange (8)

Using Equalizer Exchange

Bridging assets onto Fantom is the first step that enables you access to multiple features and benefits on Equalizer.Exchange. You can now buy a multitude of FTM-native tokens, including EQUAL — our DEX governance token.

Then, further participate in the protocol by creating your own veEQUAL NFT to vote and collect weekly rewards! Learn more about our system by reading this article.

Seasoned farmers can also reap a wide array of rewards by providing liquidity on our exchange. Detailed information, including a step-by-step guide on how to deposit liquidity, can be found in this article.

How to bridge funds to Fantom on Equalizer Exchange (2024)
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