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How To Bridge Tokens From Other Chains To The Polygon Network - Science/Technology - Nairaland

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How To Bridge Tokens From Other Chains To The Polygon Network by AbrahamLincoln(m): 9:04am On Apr 15, 2022
To do anything on Polygon, you’ll need MATIC, which isn’t always easy to come by from other networks’ DEXes.

Bridging assets could help solve issues like scalability, speed and high fees. Bridging means users can move their tokens between blockchain networks quickly and cost-effectively.

The Polygon Bridge is used for cross-chain transactions between the Polygon (MATIC) and Ethereum (ETH) blockchains. It allows users to transfer ERC tokens and NFTs to the Polygon sidechain through smart contracts.

This guide will show you how to bridge Polygon with other blockchains. However, given that Ethereum is the platform most often used for decentralized finance (DeFi), nonfungible tokens (NFTs) and the metaverse, we’ll be looking at how to bridge tokens from the Ethereum network to Polygon, an increasingly popular platform due to its efficient interoperability.

How to use the Polygon bridge?
The Polygon bridge is designed to connect different blockchains with fast and cheap transactions so that users can easily transfer tokens back and forth. It also enhances the Ethereum ecosystem through efficient tools that help build scalable decentralized applications (DApps).

The Polygon Bridge allows users to move tokens from Ethereum ERC20 to Polygon Matic, Polygon’s native token, which is the cheapest way to bridge ETH to Polygon.

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How to bridge tokens from other chains to the Polygon Network

Re: How To Bridge Tokens From Other Chains To The Polygon Network by Qqqu: 5:21pm On Apr 15, 2022
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