Moving USDC to Cardano via Wanchain Bridge

Learn Cardano Podcast

English - June 22, 2024 05:17 - 11 minutes - 16 MB - ★★★★★ - 30 ratings
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Previous Episode: Zengate Partnership Updates

Next Episode: Minswap v2 is coming soon with lots of new features for Cardano

I'll take you through the process of moving assets such as $USDC from other chains such as Arbitrum to Cardano to take advantage of yield rewards and incentive programs put in place to entice more liquidity to move to the Cardano blockchain.

If you're interested in improving the stablecoin environment on Cardano, moving some of your assets and providing liquidity may be an option for you. Of course, there are risks when using bridges and DeFi, so please make sure you understand the risks and rewards before participating.

Timestamps
00:00 Intro
01:34 The Process
05:22 Incentives for Moving
08:47 Recap & Summary

X post by Liam
https://x.com/Liiiam_wan/status/1803809686048686230

ArbiSwap used to convert USDCe to USDC
https://arbswap.io/swap?outputCurrency=0xaf88d065e77c8cC2239327C5EDb3A432268e5831&inputCurrency=0xFF970A61A04b1cA14834A43f5dE4533eBDDB5CC8&chainIn=42161&chainOut=42161&chainId=42161

Wanchain Bridge
https://bridge.wanchain.org/

Minswap DEX
https://app.minswap.org/