How to use Anyswap to bridge UST between Terra and Fantom? (2024)

FAQs

How do I bridge my FTM network? ›

You must also specify the asset you want to bridge from BSC in the 'From' section of AnySwap bridge. Select the Fantom Opera Mainnet in the 'To' section of the protocol and click on 'Swap' to bridge the networks. You can verify whether the assets have been bridged by using the Fantom Block Explorer.

What is the FTM token? FTM is a multi-chain asset that exists on the Ethereum network (ERC20), the Binance Chain (BEP2), and Fantom's mainnet Opera Chain.

FTM is the native token of the Fantom network. It is used for staking, voting, making payments and covering transaction fees on Fantom.

Another option to move a crypto asset from one chain to another is by using a decentralised version of a bridge. On one chain, an asset is sent to a bridge's smart contract, which automatically sends the equivalent to the wallet on the other chain.

First you lock your crypto in a smart contract on the blockchain network you're bridging from, and then you'll receive crypto from the network you're bridging to. For example if a user is bridging from Ethereum to Polygon, the first transaction on Ethereum typically takes 10-20min.

Now, you can bridge to any token available on our aggregators' exchanges. If the token has sufficient liquidity and is swappable, you can bridge to it. For this reason, we cannot provide an exhaustive list of what you can and cannot bridge.

Bridging let's you take SOL from Solana to Fantom and use it natively in the new ecosystem of Fantom Chain . Obvious offers the most intuitive and seamless bridging experience allowing you to select the bridge as per your requirements. Be it the time, cost, or token — all within Obvious app.

Send Fantom (FTM)

You can send FTM from your account, using a Ledger device to verify and approve transactions. In the left sidebar menu, go to Send. From the dropdown menu, select FTM. Enter the recipient address.

How do I connect to Fantom? ›

Go to MetaMask settings, click on Network, and then click Add network. Click Add next to Fantom in the list of networks. If Fantom is not present in the list, click on Add a network manually.

Fantom (FTM) is the native cryptocurrency of the Fantom blockchain. It exists both as an ERC-20 token and a BEP-20 token confirming that it is compatible with both Ethereum and Binance Smart Chain (BSC) blockchains.

In operation, Fantom supports open participation. Anyone can run a node on the Opera blockchain. That requires a 3.175 million FTM stake, but that doesn't limit your participation. Just delegate one FTM or more to a validator node and you can start earning rewards.

As explained on the Fantom FAQ, FTM can only exist in three formats: FTM (native, on Fantom Opera) ERC-20: On Ethereum. BEP-2: On the Binance Chain.

Depositing Fantom into your Trust Wallet from an exchange is simple. First, click on 'Receive' after choosing your FTM variant. The app will then lead you to a page with a QR code, and at the bottom, a prompt will appear that says, 'Deposit from exchange by direct transfer from your account. ' Click on the prompt.