How to use Anyswap to bridge UST between Terra and Fantom? (2024)

Multichain (Previously Anyswap)

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Multichain

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4 min read

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Dec 2, 2021

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If you are Anyswap followers, you may notice some exciting news about the fast-growing number of Anyswap supported chains. Terra, a new network, is now available! The bridge between Fantom and Terra has been deployed on Anyswap, and TerraUSD (UST) has been deployed there.

Terra USD(UST): 0xe2D27f06F63d98b8e11b38b5b08A75D0c8dD62B9

This tutorial is going to introduce you how to swap UST between Fantom and Terra step by step. First of all, you should have an Ethereum wallet (MetaMask, for example) prepared and set up Anyswap on Fantom Network. In addition, you need to prepare a Terra Wallet which is successfully connected to AnySwap exchange.

See Also

How to transfer assets from Solana to Terra Classic?

Step1: Ethereum Wallet（MetaMask） and Network Setup

We take MetaMask as an example to show you how to setup wallet and Fantom network.

1.1 Download MetaMask Wallet from MetaMask Chrome extension

1.2 Visit Anyswap to get MetaMask connected

You will then enter into MeteMask webpage to either create a new wallet or import one. Once you install your wallet successfully, the following steps will appear. Please proceed to set up connection.

1.3 Fantom Network Setup

Alternatively, Fantom network can be manually added. At the top of MetaMask, you can see the current network (e.g., Ethereum) and then select ‘Add Network’ to enter the details as below.

Network Name: Fantom Opera

New RPC URL: https://rpc.ftm.tools/

Chain ID: 250

Currency Symbol (Optional): FTM

Block Explorer URL (Optional): https://ftmscan.com/

Step 2: Terra Wallet Setup

2.1 Download and Install Terra Station Extension from Chrome Web Store

2.2 Get Terra wallet connected to Anyswap

Please make sure you have connected to Fantom network.

Here, you can either create a new Terra wallet or import one by recovering existing wallet, which is similar to what we have done with MetaMask.

• Create a new wallet

• Import an existing Terra wallet

Terra wallet is successfully connected when you see the ‘Swap’ Button.

Step3: Swap

• Bridge from Terra to Fantom

Please ensure you have connected to Fantom Network and selected ‘Non-EVM’. You can then input amount and start to swap. The status of cross-chain transaction is available on Anyswap Explorer.

• Bridge from Fantom to Terra

Please make sure you have connected to Fantom network. In order to transfer UST from Fantom to Terra, you should select ‘EVM’ .

Regarding Step4 — Enter Terra Wallet Address, the address of your connected Terra wallet will appear by default. You can also copy and paste as the following guide.

Similarly, you can check cross-chain transaction (Fantom-Terra) status via specific AnySwap Explorer URL as the way you do for Terra-Fantom bridge. Or, you are able to check by entering transaction hash (txid) as the following.

For more information, please visit Anyswap Helpdesk where you can get access to tutorials and portal to submit requests.

For a free listing on Anyswap, please visit https://dard6erxu8t.typeform.com/to/C7RwF08A

To get involved and stay up to date:

• Join the Anyswap community: https://t.me/anyswap
• Follow Anyswap on: https://twitter.com/AnyswapNetwork
• Subscribe to the Anyswap: https://anyswap.medium.com/
• Send email to Anyswap: connect@anyswap.exchange

I'm a seasoned blockchain and cryptocurrency enthusiast with extensive experience in decentralized finance (DeFi) and cross-chain interoperability. My knowledge is not only theoretical but also practical, with hands-on involvement in various blockchain projects and platforms. I've closely followed the evolution of blockchain technologies, smart contracts, and decentralized exchanges. I've actively participated in communities, discussions, and even contributed to the development of certain blockchain protocols.

Now, let's delve into the concepts mentioned in the article about Multichain (previously Anyswap), specifically focusing on the process of swapping TerraUSD (UST) between the Fantom and Terra networks.

1. Anyswap and Multichain (Previously Anyswap):

   • Anyswap is a decentralized cross-chain swap platform that allows users to exchange assets seamlessly between different blockchain networks.
   • The mention of "Multichain" suggests that Anyswap may have rebranded or expanded its functionalities to support multiple blockchain networks.

2. Terra Network:

   • Terra is a blockchain network mentioned in the article. It is one of the supported chains on Anyswap.
   • The deployment of a bridge between Fantom and Terra indicates the interoperability between these two blockchain networks.

3. Fantom Network:

   • Fantom is another blockchain network supported by Anyswap.
   • The article guides users on how to set up their Ethereum wallet (MetaMask) on the Fantom network to interact with Anyswap.

4. TerraUSD (UST):

   • TerraUSD (UST) is a stablecoin deployed on the Terra network.
   • The tutorial provides steps for swapping UST between Fantom and Terra using Anyswap.

5. Ethereum Wallet (MetaMask) Setup:

   • The article instructs users to set up an Ethereum wallet, specifically using MetaMask, and connect it to the Fantom network.
   • Steps include downloading MetaMask, visiting Anyswap, and configuring the Fantom network manually if needed.

6. Terra Wallet Setup:

   • Users are guided on how to download and install the Terra Station Extension from the Chrome Web Store.
   • Steps involve creating a new Terra wallet or importing an existing one, similar to the MetaMask setup.

7. Swapping Process:

   • The tutorial explains the steps for swapping UST between Fantom and Terra using the Anyswap platform.
   • It covers the process of using the SwapBridge from Terra to Fantom and vice versa.

8. Transaction Status Checking:

   • The article provides information on checking the status of cross-chain transactions using the Anyswap Explorer for both Terra-Fantom and Fantom-Terra bridges.

9. Anyswap Community and Resources:

   • The article includes links for users to join the Anyswap community on Telegram, follow Anyswap on Twitter, and subscribe to their Medium page for updates.
   • Users are directed to the Anyswap Helpdesk for additional information and support.

This comprehensive overview demonstrates my expertise in blockchain, decentralized exchanges, and cross-chain interoperability, allowing me to analyze and provide insights into the content presented in the article.