Transferring Cross-Chain Assets into ThunderCore from Ethereum
Overview
ThunderCore supports various cross-chain assets including: USDT, USDC, WBTC, ETH & ERC20-TT.
This document goes through the process of converting cross-chain assets from an Ethereum-based token into the cross-chain token on ThunderCore.
*NOTE: Any wrong transfer may result in asset loss. Please be aware.
The process of loading TT-USDT / TT-USDC / TT-WBTC / TT-ETH / TT is:
- A user sends their USDT / USDC / WBTC / ETH / ERC20-TT from their Ethereum wallet into a smart contract running on the Ethereum blockchain.
- A set of Validator Nodes watching the Ethereum Smart contract will see the deposit and locks the USDT / USDC / WBTC / ETH / ERC20-TT and mints the equivalent amount of TT-USDT / TT-USDC / TT-WBTC / TT-ETH / TT on the ThunderCore Blockchain.
- TT-USDT / TT-USDC / TT-WBTC / TT-ETH / TT is sent to the users TT Wallet.
The process of off-loading TT-USDT / TT-USDC / TT-WBTC / TT-ETH / TT is:
- TT-USDT / TT-USDC / TT-WBTC / TT-ETH / TT are sent to the ThunderCore Smart Contract.
- A set of Validator Nodes watching the ThunderCore Smart Contract will see the deposit, then burn the TT-USDT / TT-USDC / TT-WBTC / TT- ETH and unlock USDT / USDC / WBTC / ETH / ERC20-TT from the Ethereum Smart Contract.
- USDT / USDC / WBTC / ETH / ERC20-TT are sent to the users Ethereum-based crypto wallet.
User Process: USDT into TT-USDT
(1)Navigate to https://bridge.thundercore.com/eth and connect to your MetaMask Wallet / Trust Wallet.
(2)Input amount of USDT and input your ThunderCore wallet address
(3)Verify that USDT Bridge is selected and input amount and recipient’s wallet address.
(4)Select “Transfer”
(5)Verify Address and select “Continue" and confirm the transaction
(6)After confirming the transaction, the transfer will begin processing. You will need to wait for the Block Confirmation. This can take several seconds
(7)Once your transaction is completed, select “OK” to return to your wallet
The transfer process of USDC / WBTC / ETH / ERC20-TT is the same as that of USDT.
NOTE: Any wrong transfer may result in asset loss. Please be aware.