How to bridge ADA from Cardano to Milkomeda network?
Bridging from Cardano to Milkomeda
Last updated
Bridging from Cardano to Milkomeda
Last updated
Open the Flint Wallet window and click "Send". At the next screen, enable the "Milkomeda mode" toggle, paste the Milkomeda C1 wallet address currently in the clipboard into the "Milkomeda Ethereum Address" field, and enter the amount to send (1 ADA in this example). Then click "Continue".
At the confirmation screen, enter your wallet password and click "Send".
The transfer will require 10 confirmations, which should take approximately 5 minutes. Once the transaction is confirmed, the transferred MilkADA should be visible in your C1 wallet in MetaMask.
Now you have successfully wrapped your ADA into MilkADA for use on the Milkomeda C1 sidechain.
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A NOTE ON TRANSACTION FEES
For transactions that take place solely on the Milkomeda C1 sidechain, you only pay the standard Milkomeda network transaction fee set by the block producers.
However, transactions that involve wrapping, i.e., moving assets between Cardano and the Milkomeda C1 sidechain, require payment of transaction fees for both Cardano and Milkomeda since one transaction is required on each chain.
For example, sending assets from Cardano to Milkomeda C1 requires one transaction on Cardano to lock your assets and another transaction on Milkomeda C1 to issue the wrapped assets to you.
When sending a transaction of this type in Flint Wallet, you can expand the "Network Fee" item to see a "Base Fee" (i.e., the Cardano transaction fee) and a "Milkomeda Fee". Note that the "Milkomeda Fee" for these transactions will be slightly higher than the standard transaction fee on Milkomeda since you are also paying the block producers for their role in wrapping your assets.