What is ILG bridging?
Bridging a token means transferring its value between two separate networks, blockchains. For this to happen, the user has to send an amount of the tokens it wishes to swap to the address of a smart contract. The smart contract that the tokens are sent to is designed to accept these tokens and return the wrapped equivalent of these tokens to the recipient, subtracting a given amount of swap fees.
You can exchange WILG to ILG and back and forth using the ILGON bridge (bridge.ilgon.network/). This includes a small fee, that depends on the direction of the given swap. You can use the ILGON bridge with your Metamask wallet or with any non-custodial wallet.
- Go to https://tools.ilgon.network/bridge
- Click on "Select the source” to choose the source network, from which you wish to bridge tokens.
- Enter the amount of tokens you wish to swap into the input field. The interface displays your current balance on the given blockchain. It also calculates the final amount of the asset that is required for the transaction, since there is a swap fee for bridging.
- Clicking on the ‘Send’ button directs you to the Metamask transaction interface, where the swap can be finalized.