XY Finance Token Deployed on ThunderCore
XY Finance is delighted to launch its ThunderCore-based XY Token! Through this, ThunderCore users can directly hold XY Token on the mainnet and all XY Token holders will be able to bridge their valued XY Tokens directly between ThunderCore and the other four chains, such as Ethereum, BSC, Polygon, and Fantom — allowing them to gain access to XY Finance’s fast finality speeds and explore more opportunities in the promising multichain world.
XY Token was created on Ethereum Mainnet, but the XY ecosystem is expanding to more and more chains! Therefore, they have launched cross-chain bridges to help users transfer their XY Tokens with faster speed and lower costs. As for the upcoming XYer adventure chapters, we need support from all token holders and we appreciate all feedback and suggestions from our community members.
How to Bridge XY Tokens
The first thing you need to do is enter our X Swap as seen above.
1. Connect your wallet
The next step is to connect your wallet. Click the “Connect wallet” button in the top right-hand corner and you will see the screen in the image below pop up.
Here, you can choose from a number of options, such as MetaMask or other web3 wallets through WalletConnect.
2. Choose XY Token and the destination chain & the source chain you want. Here, we’re going to use ERC-20 XY Token to be bridged to BEP-20 XY Token as an example.
3. Enter the amount of XY Token you wish to be bridged. Please double check the recipient address is correct. The system will display the address of your connected wallet by default.
4. Click the “Approve to swap” button.
5. Click the “Swap” button, and your wallet will ask you to confirm the action.
The details of your XY Tokens will pop up, and click the “Confirm” button to proceed. Your wallet will ask for your confirmation again.
6. Confirm your transaction from your wallet.
Soon after, you will receive your XY Token balance on the destination chain.
Please note:
They will charge service fees on the destination chain. To encourage XYers to bridge XY Tokens to other chains from Ethereum, we decided to absorb the transaction costs and waive services fees for now. The following are the specific cross-chain fees for each chain.
ThunderCore: 0x333333331193762b9dd5828fA91aFA40d8432B7A
XY Tokens are circulating on the other four chains:
Ethereum: 0x77777777772cf0455fB38eE0e75f38034dFa50DE
Binance Smart Chain (BSC): 0x666666661f9B6D8c581602AAa2f76cbead06C401
They have opened the bridge swapping for XY Token between different chains only. They will create liquidity pools within the next few days to allow all ThunderCore users to trade XY Token on TT Swap.
About XY Finance:
XY Finance is One Stop Cross Chain Aggregator for DeFi and Metaverse. Our mission is to facilitate the seamless and secure transfer of on-chain assets, including tokens, NFTs, and more, across all blockchains. The protocol has built a one-click swap aggregator with the highest interoperability that allows crypto users to trade all on-chain assets. At present, XY Finance has supported ten chains, including Ethereum, BSC, Fantom, Polygon, Arbitrum, Optimism, Avalanche C-Chain, Cronos, KCC, and ThunderCore. To discuss an integration, token listing, and partnership.
SOURCE:
https://medium.com/@xyfinance/xy-token-deployed-on-thundercore-c56523d67f01
