The ERC-20 Converter Bridge Is Live
Greetings Singularitarians,
As of 15:00 UTC on April 18, the ERC-20 Converter Bridge went live! NuNet’s token is supported by the Singularity Bridge right from the beginning, allowing NTX holders to convert their NTX-ETH to NTX-ADA and back.
You can find the converter bridge here. To understand how the process works check out this video.
IMPORTANT NOTE: For eligibility for the NTX airdrop for AGIX holders, only Ethereum AGIX balances are considered!
Using the converter
At launch, the AGIX ERC-20 Converter Bridge will support both AGIX and NTX conversion between the Ethereum and Cardano Blockchains. Instructions for using the Converter can be found in the SingularityNET Converter GitBook, and the user-friendly interface of the Converter will guide the entire process. Please note that you will need wallets that support decentralized app (dapp) connection for both Ethereum (example wallet: Metamask) and Cardano (examples: Nami or Eternl). You will also need some ETH and ADA on their respective blockchains for paying gas/transaction fees.
More details about bridging can be found on SingularityNET’s article about the converter.
Converter Details
The AGIX ERC-20 Converter allows anyone to move AGIX and NTX tokens between the Ethereum and Cardano blockchains. When tokens are converted from one blockchain network to the other, the converted tokens are burned (destroyed) on the initiating side, and matching tokens are minted (created) on the receiving chain. The total supply of tokens does not change due to this operation.
DEX Liquidity
Liquidity for the NTX token has been added as an NTX/ADA pair to the Minswap decentralized exchange (DEX) on Cardano.
NTX native token policy id: edfd7a1d77bcb8b884c474bdc92a16002d1fb720e454fa6e99344479
Asset: asset19yuner2nz27pq9pjdta50xwfyd0d2nry2l6lvu
NTX Cardanoscan: https://cardanoscan.io/token/edfd7a1d77bcb8b884c474bdc92a16002d1fb720e454fa6e993444794e5458
NTX Minswap swap page: https://app.minswap.org/swap?currencySymbolA=&tokenNameA=¤cySymbolB=edfd7a1d77bcb8b884c474bdc92a16002d1fb720e454fa6e99344479&tokenNameB=4e5458
Important notes
Due to some limitations of snapshot capability, the NuNet NTX airdrop eligibility will currently only be considered on the Ethereum network. AGIX-ADA tokens do not qualify for NuNet NTX airdrop eligibility currently.
The NuNet team is working hard to find a fair and reliable system to track Cardano wallet balances.
NuNet Is Hiring!
NuNet currently has a number of open positions for various roles within the team. If you have the skills and desire to join us in our journey, you can find more information and contact us through our jobs page.
About NuNet
NuNet lets anyone share and monetize their computing resources, turning cloud computing power from a centralized service into an open protocol powered by blockchain. Find out more via:
