Shibarmy News
Bridging $Bone or $SHIB: From Ethereum Mainnet to Shibarium Mainnet Tutorial From Real Crypto Angel
The world of cryptocurrencies is expanding rapidly, and with popular tokens like $Bone and $SHIB emerging, the ability to navigate between networks becomes crucial. Thanks to ArchAngel, who provided an invaluable tutorial video, this guide offers a detailed walkthrough on bridging your $Bone or $SHIB tokens.
Preliminary Steps:
Verify the Website: Always ensure you are on the correct site, shibarium.shib.io. Confirming the address protects against potential scam websites.
Connect to MetaMask: This tutorial uses MetaMask. Once connected, your wallet should be visible on the site.
The Bridging Process:
Access the Bridging Menu: From the website’s main menu, select the staking icon, then “Bridge” from the dropdown.
Selection of Tokens: On the Ethereum mainnet, choose either the $Bone or $SHIB token from the dropdown. Your balance should be displayed promptly.
Determine the Amount: For demonstration purposes, Arch Angel uses a transfer of 100 $Bone or $SHIB tokens.
Understanding the Process: Keep in mind that bridging doesn’t allow staking or delegation on the Shibarium network. If your intention is delegation, remain on the Ethereum mainnet.
Start the Transfer: Transfers usually complete within 20-30 minutes, but can extend to hours during network congestion.
Approve the Transactions: Two transactions occur during the deposit: one for approval and the second for the actual deposit.
Monitor the Progress: Upon initiating, the website updates you on the transaction’s status. Once successful, your token balance will reflect the change.
Key Points to Remember:
Two-Phase Transaction: Remember the process involves both an approval and a deposit transaction. Complete both for a successful bridge.
Withdrawal Timeframes: While transferring $Bone from Shibarium to Ethereum takes seven days, $SHIB, $LEASH, and $ETH transfers range from 60 minutes to 3 hours.
Switching Networks on MetaMask: To view your tokens on Shibarium within MetaMask, switch to the ‘Shibarium’ network. Toggle between Ethereum and Shibarium as needed.
Appreciation for ArchAngel:
This guide draws inspiration from a tutorial video by ArchAngel. The Shib Army is immensely grateful for ArchAngel’s contributions, helping many navigate the complex crypto world with clarity and confidence. His dedication and commitment to the community are commendable and deeply appreciated.
Conclusion:
Navigating Shibarium can be intricate, but with the right guidance, it’s manageable. Ensuring you’re on the correct platform and abiding by trusted procedures safeguards your assets. If you ever encounter challenges or have queries, the Shib community, bolstered by contributors like ArchAngel, is always ready to assist.
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