Setting up Metamask for Gnosis Chain (formerly xDAI)
The Gnosis Chain is a stable payments Ethereum Virtual Machine compatible blockchain designed for fast (5s finality) and inexpensive transactions ($0.01).
The chain uses a unique dual-token model where xDai is used for transactions, payments, and fees. It is the only blockchain where transaction fees are pegged to a stable currency (i.e USD).
An increasing number of projects are building on Gnosis Chain.
In this guide, we will show you how to setup Metamask for Gnosis Chain.
Install the Metamask Extension from the Store
Visit the browser extension marketplace and download the MetaMask extension.
Create a MetaMask Wallet or Import One
I’d suggest creating a new one if you haven’t done so.