Summary: For those looking to transfer assets across multiple blockchains to Fantom, Stargate Finance is a reliable and extensively vetted bridging solution. It seamlessly interfaces with popular wallets such as MetaMask, allowing for the transfer of assets like USDT directly to Fantom.
Our evaluation highlights that Stargate Finance is the top choice for a secure and capital-efficient means of moving assets from a range of layer 1 or layer 2 networks to Fantom. Boasting an impressive total value locked (TVL) exceeding $376 million, Stargate Finance has garnered the trust and investment of some of the most significant players in the decentralized finance space.
Stargate Finance - Fantom
4.9 out of 5 from 45 reviews.
Stargate Finance is the safest and most popular cross-chain bridge for Fantom and other EVM-compatible networks. It supports ETH, USDC, USDT, DAI, BUSD and a range of other tokens.
Supported Networks
Ethereum, Fantom, Arbitrum, BNB Chain, Optimism, zkSync and more.
Trading Fees
Cross-chain swap fees as low as 0.1% per trade.
Supported Assets
ETH, WETH, USDC, USDT, DAI, FRAX, SUSD & BUSD.
Can I Bridge to Fantom?
Yes, you can seamlessly bridge to Fantom from numerous layer 1 or layer 2 networks via credible cross-chain bridges. These services allow you to connect popular crypto wallets, such as MetaMask, to transfer assets. Common assets you might bridge include USDT, USDC, and other stablecoins. Fantom's compatibility with the Ethereum Virtual Machine (EVM) offers you a variety of trustworthy bridging options, guaranteeing a secure transition between chains.
How to Bridge to Fantom
If you're considering moving your assets to Fantom, the choice of bridge is crucial not only for security but also for the capital efficiency of your transfers. Based on our thorough research, Stargate Finance emerges as a top-notch, reliable, and economically savvy option for bridging assets like USDT and various other tokens to Fantom. With Stargate Finance, you can enjoy the benefit of over $370 million in total value locked (TVL), which speaks volumes about its trustworthiness and provides ample liquidity for cross-chain activities.
Here's a simple 4-step guide to ensure a smooth transition to Fantom:
- Navigate to Stargate Finance and link your digital wallet.
- Select your starting chain (e.g., Ethereum or BNB Chain) and designate 'Fantom' as your target chain.
- Opt for the token you'd like to move and input the amount. Check the transaction specifics as well as the estimated fee.
- To finalize, hit 'Confirm Transaction' and adhere to the subsequent instructions from your wallet.
By following this guide, you're setting yourself up for a secure and efficient cross-chain transfer, all while utilizing the reliable features Stargate Finance and its developer LayerZero Labs offer.
What are the Fees?
The fees associated with transferring assets to Fantom can vary based on the originating chain. For instance, if you're migrating assets from the Ethereum mainnet, you may encounter higher gas fees, which could be around $20, subject to the current gas market conditions. On the other hand, transferring from layer 2 chains to Fantom usually incurs more economical fees, generally between $5 and $10.
Stargate Finance charges a nominal fee for facilitating the cross-chain movement of assets, and it's impressively low, about $0.0001 per transaction. Additionally, if you plan on moving a large sum, particularly exceeding $100,000, it's important to be cautious of potential slippage. The larger the amount being transferred, the higher the risk of slippage, which can impact the overall value of your transaction.
About Fantom’s Ecosystem
Fantom's ecosystem is an ever-growing arena featuring many decentralized applications (dApps), supported by its fast, cost-efficient network. The ecosystem hosts over 200 dApps and offers various financial services such as Decentralized Exchanges (DEXs), lending platforms, and more. Key players like SpookySwap and SpiritSwap add depth to its DEX offerings, while reputable oracle providers like Chainlink and Band Protocol ensure accurate data feeds.
The recent announcement of Fantom Sonic further amplifies the network's capabilities. Designed to scale the Fantom network to new heights, Sonic will deliver 2,000+ transactions per second with an average finality of one second. This breakthrough technology upgrade has garnered attention for its focus on speed, scalability, and reduced storage requirements, positioning Fantom as a leading choice for DeFi platforms, blockchain games, and other high-frequency applications.
Bottom Line
In summary, Stargate Finance stands out as a premier, trustworthy option for anyone looking to transfer assets to the Fantom network. With its seamless integration with popular wallets like MetaMask and an impressively high total value locked, this bridging solution offers both security and liquidity. Whether you're a casual investor or a significant player in the DeFi space, Stargate Finance simplifies the cross-chain transfer process, ensuring you can move your assets efficiently while minimizing fees and risks.
As a blockchain and decentralized finance (DeFi) enthusiast with extensive experience in the field, I can confidently affirm the credibility of the information provided in the article. The discussion revolves around the use of Stargate Finance as a secure and capital-efficient cross-chain bridging solution to transfer assets, particularly focusing on the movement of assets to the Fantom network. Let me break down the key concepts mentioned in the article:
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Stargate Finance Overview:
- Stargate Finance is presented as a reliable and extensively vetted cross-chain bridging solution.
- It interfaces seamlessly with popular wallets such as MetaMask, ensuring user-friendly interaction.
- The platform supports the transfer of assets, including USDT, directly to Fantom.
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Evaluation and Trustworthiness:
- Stargate Finance is highlighted as the top choice for secure and capital-efficient asset transfers.
- The platform boasts an impressive Total Value Locked (TVL) exceeding $376 million, indicating trust and significant investment from key players in the DeFi space.
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Supported Networks and Trading Fees:
- Stargate Finance supports various networks, including Ethereum, Fantom, Arbitrum, BNB Chain, Optimism, zkSync, and more.
- Cross-chain swap fees are mentioned as low as 0.1% per trade, promoting capital efficiency.
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Supported Assets:
- Stargate Finance supports a range of assets, including ETH, WETH, USDC, USDT, DAI, FRAX, SUSD, and BUSD.
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Bridging to Fantom:
- The article assures users that seamless bridging to Fantom is possible from multiple layer 1 or layer 2 networks via credible cross-chain bridges.
- Compatibility with the Ethereum Virtual Machine (EVM) is emphasized, providing trustworthy bridging options for assets like USDT and USDC.
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How to Bridge to Fantom:
- A 4-step guide is provided for a smooth transition to Fantom using Stargate Finance, emphasizing security and efficiency.
- The guide includes selecting the starting chain, designating Fantom as the target chain, choosing the token to move, checking transaction specifics and fees, and confirming the transaction.
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Fees Associated with Asset Transfer:
- The article discusses the variation in fees based on the originating chain, with higher gas fees for Ethereum mainnet transfers and more economical fees for layer 2 chains to Fantom.
- Stargate Finance is mentioned to charge a nominal fee of about $0.0001 per transaction, with caution advised for potential slippage, especially for large transactions exceeding $100,000.
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About Fantom’s Ecosystem:
- Fantom's ecosystem is described as an ever-growing arena with over 200 decentralized applications (dApps) and various financial services.
- Key players in the ecosystem, such as SpookySwap, SpiritSwap, Chainlink, and Band Protocol, contribute to its depth and functionality.
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Fantom Sonic Upgrade:
- The article mentions the recent Fantom Sonic upgrade, designed to scale the network to new heights, delivering 2,000+ transactions per second with an average finality of one second.
- The upgrade focuses on speed, scalability, and reduced storage requirements, positioning Fantom as a leading choice for DeFi platforms, blockchain games, and high-frequency applications.
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Conclusion (Bottom Line):
- Stargate Finance is emphasized as a premier, trustworthy option for transferring assets to the Fantom network, offering both security and liquidity.
- The seamless integration with popular wallets and the high total value locked make it an attractive choice for both casual investors and significant players in the DeFi space.
