How to Bridge to Aptos for Thala’s TGE
Thala’s token generation event (TGE) will begin tomorrow, running from March 31st 11PM UTC to April 5th 11PM UTC. Please note that only LayerZero USDC ($zUSDC) will be supported for our liquidity bootstrapping pool (LBP).
Thala has partnered with LayerZero for their highly secure bridging technology and their existing USDC liquidity on Aptos. Both $THL and $MOD will be available on other Move blockchains through LayerZero’s omnichain fungible token (OFT) standard in the near future.
There have been several questions from the community regarding best practices for bridging to Aptos and acquiring $zUSDC, which is the token asset paired against $THL in the LBP.
LayerZero USDC: 0xf22bede237a07e121b56d91a491eb7bcdfd1f5907926a9e58338f964a01b17fa::asset::USDC
In this short blogpost, we will cover the process of bridging $USDC from other networks utilizing the official Aptos bridge powered by LayerZero.
- Go to https://theaptosbridge.com/bridge
- Connect your EVM compatible wallet
- Connect your Aptos compatible wallet
- Select $USDC and enter desired amount
- Click ‘Transfer’
Bridging to Aptos
A browser wallet with Aptos support is required. We recommend the following:
- Petra Wallet
- Martian Wallet
- Pontem Wallet
1) Prepare Wallet and Tokens
To begin, $USDC is needed in an EVM-compatible wallet. Please note that gas fee will be needed on the original network to process your bridge transaction.
2) Connect to the LayerZero Aptos bridge
Visit the official bridge by LayerZero at https://theaptosbridge.com/bridge
On the homepage, click ‘Connect Wallet’ on the top right corner. Select your EVM compatible wallet provider and authorize the connection. You will also need to select an Aptos wallet provider.
3) Select Bridge Asset
Selecting the source and destination networks isn’t needed as it’s done for you! The source network will default to whichever network the EVM wallet is connected to. For our TGE, $USDC is needed to swap for $THL, so select USDC from the list of available tokens.
4) Enter the Token Amount
Input the amount of tokens (USDC) desired for bridging to Aptos. If you need a gas top-up on Aptos, press ‘Add’ that is available to the right of ‘Gas on Destination’ at the bottom of the bridge application. Please note that the maximum amount of $APT that can be received for gas is 1.
5) Sending the Transaction
To confirm and execute the bridge transaction, first click the ‘Bridge Tokens’ button and confirm the transaction in your wallet. After executing the transaction, the LayerZero bridge will process the transfer — which can be tracked on the bridge interface.
6) Receive Bridged Tokens on Aptos
Once the bridging process is completed, you will receive your tokens in your chosen Aptos wallet. Please note that you need to register and claim the bridged assets if it’s the first time interacting with the token. This can be done by interacting with the claim button under the ‘Unclaimed’ heading available by clicking on either wallet address.
We hope that this guide answered any questions that you may have had about bridging to Aptos. WIth the start of the $THL TGE tomorrow, the LayerZero bridge UI will also be available at thala.fi/bridge. If you have more questions or issues, please join our community. We’ll be expecting you in the coming days!
Thala is a decentralized finance protocol powered by the Move language, enabling seamless borrowing of a decentralized, over-collateralized stablecoin in Move Dollar and capital-efficient liquidity provisioning via a rebalancing AMM on the Aptos blockchain.
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