This guide covers two primary methods for Pendulum users to complete the transition:
- Using the Spacewalk Bridge and LOBSTR Wallet
- Using Stellar Decentralized Exchange (DEX)
Method 1: Using the Spacewalk Bridge and LOBSTR Wallet
1. Bridge Assets Back to Stellar:
- If your Mykobo EURC assets are on the Pendulum blockchain, use the Spacewalk bridge to transfer them back to the Stellar blockchain.
2. Swap Mykobo EURC to Circle EURC Using LOBSTR Wallet:
- Ensure you have the LOBSTR wallet installed and set up on your device.
- Log in to your LOBSTR wallet.
- Navigate to the ‘Swap’ feature within the wallet.
- Select Mykobo EURC as the asset you want to swap.
- Choose Circle EURC as the target asset.
- Complete the swap by following the prompts.
3. Bridge Assets Back to Pendulum:
- Once your assets are converted to Circle EURC, use the Spacewalk bridge to transfer them back to the Pendulum blockchain.
Method 2: Using Stellar Decentralized Exchange (DEX)
1. Bridge Assets Back to Stellar:
- If your Mykobo EURC assets are on the Pendulum blockchain, use the Spacewalk bridge to transfer them back to the Stellar blockchain.
2. Access Stellar DEX:
- Go to the Stellar DEX at StellarX.
3. Swap Mykobo EURC to Circle EURC:
- On the StellarX platform, navigate to the swap section.
- Select Mykobo EURC as the asset you want to swap.
- Choose Circle EURC as the asset you want to receive
4. Bridge Assets Back to Pendulum:
- Once your assets are converted to Circle EURC, use the Spacewalk bridge to transfer them back to the Pendulum blockchain.
By following the steps outlined in this guide, Pendulum users can smoothly transition their Mykobo EURC assets to Circle EURC, taking advantage of the expanded services and regulatory compliance offered by Circle.
About Amplitude
Pioneering the internet of fiat. Amplitude is the sister network of Pendulum on Kusama. It will act as a testing ground for Pendulum applications and network parameters and be powered by the AMPE token.
About Pendulum
Building the missing link between fiat and DeFi through a fiat-optimized smart contract blockchain based on Polkadot’s Substrate. Allowing traditional finance fiat services to integrate with DeFi applications such as specialized forex AMMs, lending protocols, or yield farming opportunities. Developed by SatoshiPay.
Keep your eyes on the Pendulum!
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