Bridging ATH for Cloud Host Staking (ETH to ARB)
Last updated
Last updated
To participate as a Cloud Host on the Aethir network and contribute your compute power, you need to acquire ATH tokens. Since ATH tokens are primarily traded on the Ethereum network, but Aethir operates on Arbitrum, you'll need to bridge your tokens from Ethereum to Arbitrum.
Steps:
Transfer ATH to a Hot Wallet: If your ATH is currently stored on an exchange, transfer it to a compatible hot wallet (e.g., MetaMask) that you can connect to the bridge.
Access the Squid Router Bridge: Go to the Squid Router bridge website.
Connect Your Wallet: Click on "Connect Wallet" and select your wallet provider (e.g., MetaMask).
Select Networks:
Choose "Ethereum" as the source network.
Choose "Arbitrum One" as the destination network.
Select Token: Choose ATH as the token you want to bridge
Enter Amount: Specify the amount of ATH you want to bridge.
Approve and Bridge:
Click "Approve" to allow the bridge to access your ATH.
Then click "Bridge" to initiate the transfer.
Confirm and Wait:
Review the transaction details, including gas fees (paid in ETH on the Arbitrum network).
Confirm the transaction in your wallet.
The bridging process may take a few minutes to complete.
Important Notes:
Only use Squid Router for bridging ATH between Ethereum and Arbitrum.
Gas Fees: The bridging process requires a gas fee, which is paid in ETH on the Arbitrum network. Ensure you have enough ETH on Arbitrum to cover this fee.
Transaction Time: The time for the transaction to complete can vary depending on network congestion.
Completion: Once the transaction is completed, your ATH will be available on the Arbitrum network, ready for staking and contributing your compute power.
Additional Resources:
If you need assistance with bridging ETH for gas fees, refer to the Aethir documentation on "How to Bridge ETH for Gas Fees."
For the most up-to-date information on staking and bridging ATH, always consult the official Aethir documentation and announcements.