You can use the V3 router to bridge MYST tokens between all three chains where MYST is available (Ethereum, BSC and Polygon). In this guide, we will show you how to cross-chain MYST between the Polygon and BSC chains.
Go to the Router webpage on the Anyswap Exchange website. Connect your wallet by clicking the button in the top right corner.
You will be prompted to select the wallet you want to connect. For now, we will select Ethereum Wallet.
You will need to approve this transaction in your wallet.
On the “Pool” tab, you can check the available liquidity for Polygon and Ethereum chains. Simply press the arrow next to the amount of MYST available.
You can also add liquidity if you want to support our network. Liquidity can be added to Ethereum and Polygon chains. Step-by-step instructions on how to add or remove liquidity can be found here.
Liquidity for MYST on BSC chain is not required as the token was deployed via the mint and burn a bridge. So every time you want to migrate MYST to BSC, the token will be minted on the Binance network and burned on the Ethereum or Polygon chain.
To bridge the MYST native token, you need to click on the "Bridge" button on the right side as shown in the screenshot below.
You can select the currency you want to bridge from the dropdown list or type MYST in the search box.
Please note that there are restrictions on the minimum and maximum amount of MYST that you can bridge:
The minimum cross-chain amount is 10.2 MYST
The maximum cross-chain amount is 5,100,000 MYST
Please note that the cross-chain fee is 0.1% with a minimum amount of 5.1 MYST.
The estimated time for the cross-chain to arrive is 10-30 minutes. However, if the amount is more than 1.1 million MYST, it may take up to 12 hours.
You can also send funds to another wallet after the cross-chain by clicking the “Send” button.
By default, the Address field will display your wallet address. You can note the address of the recipient you want to send the tokens to. Please make sure that the wallet you entered is compatible with the destination chain. Please do not send assets to exchanges.
After checking your details, click "Approve MYST" to confirm the cross-chain bridge.
You need to confirm this transaction in your wallet.
After your transaction is approved, you need to click on the "Trade" button.
You need to confirm another transaction in your wallet.
Please wait a few minutes to check the status of the cross-chain transaction in the explorer.
You can also bridge tokens between all three chains using the same logic.
For what reason can you use the bridge?
You can use the V3 Router whenever you need to transfer tokens between different networks, for example when arbitrage trading between DEXes. We know what our trading fees are on the Ethereum blockchain. Right now, the swap on Uniswap costs $197.13, which is insane!
However, trading on Polygon and Binance Smart Chains is significantly cheaper - the transaction will cost you less than $0.1. You can use the price discrepancies on DEXes to make some profit.