Automata is live on Polygon via the PoS Bridge!

Published on: 21.09.2021

Automata is now live on Polygon via the Polygon Bridge! With reference to the PoS (Proof-of-Stake) Bridge, users benefit from transferring ERC-20 tokens to its equivalent on Polygon’s Mainnet in a simple and secure manner.

How it works

  • To start off, connect your wallet to the Polygon Web Wallet. You will be able to choose from Metamask, WalletConnect and Coinbase Wallet at this point in time.
  • Search for Automata and select the Deposit button. Make sure the Transfer Mode selected is 
  • Once you have keyed in the amount, click on “Transfer” which begins the swap of ATA (ERC-20) to ATA (Polygon). Tip: You need to have Ethereum (ETH) tokens in your wallet to pay for gas fees and complete the transaction.
  • A bridge works both ways — to swap ATA (Polygon) back to ATA (ERC-20), click on “Withdraw” and follow the same steps above. In this case, you’ll need to have Polygon (MATIC) tokens to pay for gas fees and allow the transaction to go through.

Add ATA to your Polygon Wallet

Why Polygon

Known as a layer-2 scaling platform, Polygon has quickly gained a strong foothold within DeFi with attractive features including lower gas fees and faster transaction speed, among others.  ATA will now be available via the Polygon PoS Bridge to help our users get the most out of their DeFi experience — but stay tuned because they might just have a few more surprises planned around the corner.

Automata Network is a decentralised service protocol that provides middleware services for dApps on Ethereum and Polkadot to achieve traceless privacy, high assurance and frictionless computation.

Website | Telegram | Discord | Twitter | Github | Mev.tax

SOURCE: https://medium.com/atanetwork/automata-is-live-on-polygon-via-the-pos-bridge-f09edc393ec0

 

Market Stats:
BTC Dominance: 52.32%(-1.07%/24h)
ETH Dominance: 16.63%(+0.19%/24h)
Defi Market Cap: $81.77B(+14.48%/24h)
Total Market Cap: $2176.64B(-2.47%/24h)
Total Trading Volume 24h: $105.19B(+15.84%/24h)
ETH Market Cap: $361.52B
Defi to ETH Ratio: 22.62%
Defi Dominance: 3.57%
Altcoin Market Cap: $1037.76B
Altcoin Volume 24h: $57.19B
Total Cryptocurrencies: 29484
Active Cryptocurrencies: 9868
Active Market Pairs: 82693
Active Exchanges: 755
Total Exchanges: 8435
BTC: 57824.15$(-0.06%/1H)
ETH: 2965.89$(-0.01%/1H)
AVAX: 33$(-0.07%/1H)
BNB: 558.61$(0.46%/1H)
MATIC: 0.69$(0.2%/1H)
FTM: 0.67$(0.64%/1H)
ADA: 0.45$(-0.33%/1H)
DOT: 6.87$(-0.02%/1H)
UNI: 6.99$(0.06%/1H)
CAKE: 2.5$(0.05%/1H)
SUSHI: 0.98$(0.59%/1H)
ONE: 0.02$(0.67%/1H)