A token bridge is a protocol that facilitates the transfer of digital assets, such as cryptocurrencies or tokens, between two separate blockchain networks. It acts as an intermediary, allowing users to move their tokens seamlessly while maintaining the token's value and functionality on the destination chain. By locking the original tokens on the source blockchain and minting equivalent tokens on the target blockchain (or through similar mechanisms), a token bridge enables interoperability, expanding the utility and accessibility of blockchain assets across diverse ecosystems.
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Token Migration
How long do I have to upgrade my WMT? For those who missed the initial migration, you will have another opportunity to migrate your WMT to WMTx. The portal will reopen on December 16, 2024, and remain open indefinitely, allowing you to migrate your ...
Token Migration Guide
This guide will take you through the process of migrating your WMT to WMTx. Watch the video for a step-by-step guide. Please note: this only video is only relevant for the Cardano WMT-to-Cardano WMTx upgrade now. Preparing for the upgrade Which ...
Self-troubleshooting token upgrade issues
While the token migration is straightforward, you might still run into a few issues. Before you look at the troubleshooting guide, please read the instructions on what you need beforehand, in the token migration guide, here. Preparing for the ...
General information on the Token Migration
What will happen if I don’t migrate my WMT? If you don’t migrate, your WMT may become unusable in the new ecosystem. We recommend migrating to WMTx to retain functionality. Will WMTx and WMT exist simultaneously? No, WMT will be phased out once WMTx ...
What is Core Staking?
WMTx Staking is back, better than ever! Staking WMTx is now available on both Base and Cardano. If you hold WMTx on Base, you can stake your tokens by locking them in our staking smart contract. Staking begins on the 1st of the following month once ...