How to Bridge Terra to NEAR using Allbridge User Guide
Before entering to transfer assets using Allbridge from Terra to NEAR Ecosystem, there are a few things that you should prepare in advance:
- A Terra Station Wallet and tokens for gas fees. Currently gas fees can be paid with the following tokens: LUNA, UST, AUT, CAT, CHT, CNT, DKT, EUT, GBT, HKT, IDT, INT, JPT, KRT, MNT, NOT, PHT, SDT, SET, SGT, THT.
- A NEAR Wallet, with some $NEAR for gas fees. If you don’t have a NEAR Wallet yet, create one using this instruction.
All set? Let’s start!
Step 1: Choose networks and transferred asset
Access to https://app.allbridge.io/bridge
Select the route you want to use with the bridge. In this guide the route will be from Terra to Near Network.
After that, please carefully choose the asset you are looking to transfer before clicking on the “Connect Wallet” button.
Step 2: Connect Wallet to your Terra Wallet
Proceed to connect to Allbridge with your Terra Station wallet.
Step 3: Enter the recipient address
Enter the address to be received (The Near wallet format will be a readable wallet and end with .near, e.g. testwallet.near)
Remember to send your assets to wallets where you control private keys!
Don’t send your assets to contract or token addresses, and cryptocurrency exchanges like Binance, Kraken, FTX etc.. There is a chance that your assets will get lost on the exchange side.
Step 4: Choose the token you will use for gas fee and enter the amount to transfer
Here, you will be required to enter the number of assets you want to transfer and then choose the token you are going to pay for the gas fee.
After checking all the information above, click “Send”.
The wallet then will ask to have the approval for the transaction.
Wait a minute for the transaction to be executed.
Step 5: Connect NEAR Wallet
Once the transaction comes up as successful, you can connect to your NEAR Wallet to receive the transferred assets.
Click “Connect Wallet”
Connect with your Near wallet.
Step 6: Receive tokens
After connecting to your NEAR Account, select “Receive” to trigger the transaction and receive tokens in your NEAR Wallet.
To approve the transaction, you will need $NEAR for gas fee.
Go to your NEAR Wallet and double-check the existence of your transferred assets.
Q&A
Q. What should I do if I accidentally turn off the receiving page?
Don’t worry, if you accidentally lose connection or simply forget and turn off the computer without notice, simply reload the page and you will see a pop-up that tells you what to do next.
Press Finish, it will redirect you to finish your transfer.
Another way is to access this page and enter the transaction ID. If you don’t know how to find the transaction ID, here is the process:
How to Find Your Allbridge Transaction ID
Step 1: Access to Terra Finder and enter the sending address.
Step 2: Find the latest transaction (or the transaction that you detected as the Allbridge transaction), then copy the transaction hash.
Step 3: Head to this page and paste the transaction hash copied above.
Step 4: Connect to your Near wallet and proceed to receive the tokens
Q. What next?
Welcome to the NEAR Ecosystem! The first thing to do when moving to a new city is to find the marketplace right? This is also true when you enter a new blockchain ecosystem: a Decentralized Exchange is the first place to go.
Ref Finance is the gateway to the NEAR Ecosystem as the leading AMM & all-in-one #DeFi Shard. Leveraging NEAR’s 1–2 second finality, low costs, as well as its user-friendly and interoperable infrastructure, Ref aims to bring DeFi one step closer to the people. Try swapping, farming, and staking on Ref Finance today at https://app.ref.finance/!
Check out this comprehensive User Guide from Ref Finance Here.
