Quick Guide to Bridging on Telos Blockchain.

Official IcecreamSwap🍦 medium
3 min readSep 29, 2023

--

Looking for a trusted blockchain bridge on Telos? Look no further than IceCreamSwap Dex!

We are excited to bring to your notice that IceCreamSwap Dex offers a multichain bridge service for easy on-boarding on the Telos blockchain. This means that users can now seamlessly transfer their assets between Telos and other supported chains, such as Core, Base, Fuse, Doge, Xodex, Doken, XDC, Bitgert, and Binance Smart Chain.

The I IceCreamSwap bridge is a fast, secure and reliable way to transfer assets between different chains. It uses a centralized bridge models to ensure a secure the bridge and process transactions quickly.

Note: Our team of developers are currently developing the new IceCreamSwap bridging model “Optimistic Bridge” click here to read more about Optimistic bridge model.

IceCreamSwap’s multichain bridge for Telos is also incorporated with a built-in gas dropper for new users. This means that when you bridge assets to Telos for the first time, you will automatically receive a small amount of native Telos tokens to cover your gas fees for initial transactions on the Telos network (No Gas Fee, No Problem!).

Brief Insight About Telos:

Telos is a next-generation blockchain platform that is designed to be fast, scalable, feeless, and community-driven. Telos uses a delegated proof of stake (DPoS) consensus mechanism which is designed to power the economies of the future with real-world utility. Telos is a developer’s dream, with ready-to-use tools for building, deploying, and running next-generation dApps with their own digital economies. With Telos support added to our Dex, users can now easily and securely transfer their assets between Telos and other chains. This opens up new opportunities for users to trade, stake, and participate in DeFi activities on both chains.

Benefits of using IceCreamSwap Bridge for Telos

There are a number of benefits to using IceCreamSwap Bridge for Telos, including:

6 Easy Step on How to Use IceCreamSwap Bridge For Telos:

To use IceCreamSwap Bridge for Telos, you will need to:

  1. Go to the IceCreamSwap website, make sure your network is in Telos.
  2. Connect your wallet and click on the “Bridge” tab. (Metamask wallet preferably).
  3. Select the chain that you want to bridge your assets from (Home chain) and the chain that you want to bridge your assets to (Target Chain).
  4. Enter the amount of the asset that you want to bridge and click on the “Bridge” button.
  5. Approve the Metamask pop-up.
  6. Once you have completed the bridging process, your assets will be transferred to the destination chain (target chain).

Note: Bridged assets on IceCreamSwap approximately arrive at the destination chain (target chain) within 1 minute.

Conclusion

Our aim is to increase liquidity and interoperability in the DeFi realm by connecting different blockchains. We’re excited to support even more chains in the future, IceCreamSwap bridge support for Telos is a significant development for both the Telos ecosystem and the entire DeFi space. It will allow users to easily and securely transfer their assets between Telos and other chains, which will open up new opportunities for users to trade, stake, and participate in DeFi activities on both chains.

#Telos #IceCreamSwap #DeFi #Bridge #IceCreamSwapBridge

Useful links:

Website: https://IceCreamSwap.com/

Telegram: https://t.me/IceCreamSwap_com

Twitter: https://twitter.com/icecream_swap

Discord: https://discord.com/invite/dVZm67rt4S

official medium: https://icecream-swap.medium.com/

IceCreamSwap wiki : wiki.icecreamswap.com/

Telos website: www.telos.net

IceCreamSwap Telos Bridge: https://icecreamswap.com/bridge?chainId=40

--

--