Polygon is proving to be a serious participant, showcasing its prominence even with the downward spiral of cryptocurrencies. Not too long ago, the information of UniLend becoming a member of the community surfaced, and now UniLend can be holding a bridge on Polygon.

The bridge will assist facilitate a fast and seamless launch for UniLend. They shared their ideas, stating that whereas bridging to a layer 2 DeFi platform can appear daunting, it’s simpler than customers imagine. Plus, it is going to improve actions like staking, borrowing, lending, and digital buying and selling belongings.

Because the transfer provides such perks, the transition makes full sense. UniLend additionally launched a information to assist customers navigate via the event. The information reveals methods to arrange a MetaMask pockets to contact Polygon whereas bridging the UFT token to make use of on layer 2. Right here is how the information proceeded:

Set Up MetaMask for Polygon

MetaMask is a free and esteemed browser extension used for interacting with blockchain networks. After putting in the extension, customers have to launch it on their browser. From the Ethereum Mainnet part on the highest, faucet the down arrow. Now customers will see the Customized RPC part.

After deciding on it, a brand new display screen will emerge the place the customized RPC might be arrange. Customers have to enter the given information:

Now, faucet “Save,” and the method is wrapped up.

Switch UFT from ETH Mainchain to Polygon

Customers have to entry the “PoS” bridge to switch UFT. The method begins by establishing the “Matic Net Pockets V2”. After accessing the pockets, customers have to faucet on the choice – “Transfer Funds to Matic Mainnet.” Right here, submit the token quantity and faucet “Switch.” A observe stating what’s supported and what’s not will seem. Click on on proceed to hold on.

Customers have to faucet full three extra occasions after overviewing the small print proven on the display screen. Lastly, the pockets will launch, and a display screen exhibiting “transaction is processing” will seem. After a couple of minutes, the transaction shall be accomplished, and its progress might be tracked on Etherscan. A display screen depicting “transaction accomplished” will seem on the finish. Now customers have to launch MetaMask and select Matic Mainnet from the menu. Customers may also add UFT as a customized token on Matic Mainnet. Right here is how:

• Launch MetaMask, select Matic Mainnet, and scroll to Add Token. Use “0x5B4CF2C120A9702225814E18543ee658c5f8631e” within the deal with area and the opposite fields shall be auto-completed.
• Faucet subsequent and select Add Tokens on the following web page. Now UFT will seem within the pockets residence display screen below Property.

As Polygon is already making large strides, the launch will assist each UniLend and Polygon. UniLend additionally deserves reward for conserving the whole bridging course of so simple as proven.