How to Wrap a Token

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How to Wrap a Token

"Wrap" (also known "deposit") refers to the action of minting an amount of TomoChain wrapped token, by depositing an equivalent amount of the underlying cryptocurrency on another blockchain network.

Log in to https://bridge.tomochain.com and choose the tokens and blockchain networks that you wish to swap.
Make sure to check the “Terms of use” and “Privacy policy” before proceeding to the next steps.
Connect your Metamask wallet and choose the conversion direction. 
Make sure your Metamask wallet is on the Ethereum network.
Choose Etherem -> TomoChain for token wrapping/deposit.
Select the asset that you want to wrap from the drop-down list. 
Enter the swapping amount (click on “Max” if you wish to wrap it all).
Enter the receiving address on your TomoChain network (click on “Address” if your receiving address is the same as your sending address).
Check the estimated transaction fee and make sure your remaining ETH is enough to cover the fee.
Read and check the attention points carefully before you click on “Next”.
A transaction request window will pop up on your Metamask, click on “Confirm” to sign the transaction. 
Once confirmed, TomoBridge will start verifying your transaction and sending the wrapped token to your receiving address.
Keep the window open until the transaction is complete. 
Now you’ve successfully converted your token to TomoChain wrapped token. You can check the transaction on TomoScan. 
If you have any questions, feel free to contact us via our telegram group or forum or submit a support ticket. 

TomoChain Wrapped Token

How to Unwrap a Token

Last modified 1yr ago

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