Skill Bridge
AUTO-BRIDGING
Auto-bridging is a seamless way of moving tokens between networks via utilizing smart contracts. Please refer to the bridge providers documentation for more information on that particular bridge.
The WanChain Bridge allows users to bridge SKILL between the following networks.
Cardano < > Base
MANUAL-BRIDGING
Manual-bridging is a bridging option provided by Skills Labs. SKILL tokens will be sent to one address utilizing a transaction memo or note to provide the destination address. Tokens are manually bridged by Skills Labs.
The Skills Labs manual bridge allows users to bridge SKILL between networks where auto-bridging options arent currently available. For example bridging between Cardano & The Open Network (TON) is not currently available. Though via the SKILL BRIDGE, this will be.
SKILL BRIDGE CONNECTIONS
Currently unavailable.
Deposit address will be provided on our website in the Skill Bridge section when they become available.
How Manual Bridging Works
Deposit SKILL Tokens: Users can deposit SKILL tokens from the blockchain they currently hold them on.
Transaction Memo/Note/Message: During the deposit process, users must include the desired deposit address on the target blockchain in the transaction memo.
Cross-Chain Transfer: Upon receiving the deposit, Skills Labs processes the transfer and sends an equivalent amount of SKILL tokens on the chosen blockchain.
Fee Structure: A fee of $2.50 USD worth of SKILL is charged for using the bridge. This fee is calculated at the time of the bridging process and deducted from the initial bridged amount.
View the bridge section for average bridging times based on previous transactions.
Skill Bridge Benefits
Interoperability: Skill Bridge enhances the interoperability of SKILL tokens, allowing users to move their assets seamlessly across different blockchain networks.
Flexibility: Users have the flexibility to choose their preferred blockchain for investing in Skills Labs.
Efficiency: The process is designed to be safe and user-friendly, ensuring a smooth experience for all participants.
By providing the Skill Bridge, Skills Labs aims to provide a more flexible ecosystem for new and existing users.
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