DeFi Yield Protocol Avalanche Bridge Tutorial
The Bridge will help you swap DYP tokens between Ethereum Network and Avalanche Network. In this tutorial I will show you the exact steps for swapping DYP tokens from Ethereum Network to Avalanche Network.
- You need to visit https://avax-bridge.dyp.finance/
- Now, you should click ‘’CONNECT WALLET’’ and log into your MetaMask wallet.
3. You need to choose Ethereum Network from the MetaMask menu.
4. Now, you need to input the amount of tokens that you want to swap from Ethereum to Avalanche Network. In my case, it will be 1 DYP tokens. Next, you need to click Approve and wait for the transaction to be confirmed. Once the transaction is confirmed, you need to click Deposit and again wait for the transaction to be confirmed.
5. After the deposit is confirmed, you will get your transaction hash for the deposit. After 12 confirmations on the Ethereum Network, you will be able to withdraw the DYP tokens to your Avalanche Wallet.
Note: For the Avalanche wallet you will have the same public address like the one from the Ethereum Network, that means you will use the same MetaMask wallet and withdraw the tokens to the same public address.
6. Now, you need to change the Network from Ethereum to AVAX in order to complete the swap.
7. After you have changed the network you need to wait for the transaction to be confirmed and click withdraw.
8. Once the transaction has been confirmed on Ethereum Network, the WITHDRAW button will be enabled.
9. You need to click WITHDRAW and confirm the transaction in order to receive the DYP tokens on your Avalanche wallet. Once the transaction has been confirmed on Avalanche Network, you will be able to see the tokens on your balance.
- We recommend on saving the transaction hash in case you have network issues, to be able to make the withdraw later.
- Please note that the maximum amount that you can swap per wallet every 24 hours is maximum 10,000 DYP tokens.
- In order to swap DYP tokens from the Avalanche to the Ethereum Network, you need to follow the same steps.
About DeFi Yield Protocol
The DeFi Yield Protocol (DYP) is a unique platform offering solutions for yield farming, staking, NFTs, and enabling users to leverage the advanced trading tools of the DYP. What makes the DYP a unique yield farming aggregator?
The DYP has made history in the DeFi space by becoming the first and only protocol that employs an anti-manipulation feature, aiming to limit the market impact on users.
Anti-manipulation targets to keep stability, fair access to liquidity, and supply a secure and simplified DeFi platform for users of all sizes.
The central feature of the DYP is the decentralized tool dashboard. It provides advanced features, including Decentralized Score, Unique Community Trust Vote System, DYP Locker, Yield Farm Data, and Launch Pad, allowing users to make informed decisions.