KEY TAKEAWAYS
- ZilBridge is migrating to X-Bridge following the closure of Poly Network, with the transition scheduled for December 23, 2024.
- X-Bridge enhances interoperability by operating on Zilliqa 2.0’s native cross-chain broker protocol, requiring an EVM wallet for operations.
- Users must withdraw ZIL tokens from Demex before the migration date due to the deprecation of ZIL deposits and withdrawals.
- X-Bridge facilitates token transfers between Zilliqa and EVM-compatible networks, requiring users to confirm two transactions for successful bridging.
ZilBridge, the original ecosystem bridge facilitating token transfers between Zilliqa and supported Ethereum Virtual Machine (EVM) networks, is set to migrate to X-Bridge. This transition follows the closure of Poly Network and is scheduled for December 23, 2024. The migration process may result in X-Bridge functionality being unavailable for an extended period.
Previously powered by Carbon and Poly Network, ZilBridge offered a straightforward method for bridging tokens between Zilliqa and other networks. However, with Poly Network ceasing operations, as outlined in this announcement, transitioning to X-Bridge is essential to maintain bridging capabilities.
Transition to X-Bridge: What Users Need to Know
X-Bridge is a bi-directional bridge designed for transferring tokens between Zilliqa and other EVM-compatible networks. This migration aligns with Zilliqa 2.0’s strategy to enhance interoperability, as X-Bridge operates on Zilliqa 2.0’s native cross-chain broker (UCCB) protocol. Unlike ZilBridge, X-Bridge requires users to utilize an EVM wallet, such as MetaMask, for bridging operations.
While ZilBridge transitions to X-Bridge, the ZilSwap DEX, operated by Carbon, remains operational, continuing to facilitate token exchanges on the Zilliqa network. Users with ZIL tokens on Demex should withdraw them before December 23, 2024, as the platform will deprecate ZIL deposits and withdrawals due to Poly Network’s termination.
How to Use X-Bridge for Token Transfers
To bridge tokens using X-Bridge, users should navigate to xbridge.zilliqa.com. They need to select a source and destination network, connect their EVM-compatible wallet, and choose the desired token and amount for transfer. Users must ensure they control the recipient wallet, as tokens sent to incorrect addresses cannot be recovered.
After initiating the bridging process, users must confirm two transactions: one for the bridge to withdraw tokens and another to begin the bridging process. The transaction may take a few minutes to finalize, and fees cover transactions on both source and destination networks.
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