Bridging to Arbitrum Guide

Overview

The Arbitrum protocol's ability to pass messages between L1 and L2 can be leveraged to trustlessly move assets from Ethereum to an Arbitrum chain and back. Any asset / asset type can in principle be bridged, including Ether, ERC20 tokens, ERC-721 tokens, etc.[1]

Token Bridging

Using Layer 2 solutions like Arbitrum will position Tracer’s infrastructure to support innovative market creation efficiently and help power the future of finance. However, as with any nascent technology, there are some additional steps required to interact with Arbitrum before using the Tracer suite of products.

As Arbitrum (L2) exists as a scalability solution for Ethereum (L1), the Arbitrum architecture naturally exists in part on L1 and in part on L2. Therefore, if a user has assets on the Ethereum (L1) mainchain, they will need to bridge their assets to Arbitrum (L2) in order to interact with the exciting new DeFi protocols such as https://pools.tracer.finance/

In this guide we will walk you through the process of bridging your assets from L1 to L2.

Step 1: Add Arbitrum One to your Metamask

You can [read this documentation] (https://docs.tracer.finance/tutorials/add-arbitrum-mainnet-to-metamask) and follow along with the video.

Watch - Adding Arbitrum to Metamask

Step 2: Connect to Arbitrum

Head to https://bridge.arbitrum.io/ and connect to your Metamask by signing a transaction. There should be no fee to do so.

Watch - Connect to Arbitrum One

Step 3: Transfer

Select the asset and how much you wish to deposit to L2. Click deposit and the Metamask window will appear. Now sign the transaction.

Note: The bridging can take up to 10 minutes to process.

Step 4: Switch Networks

Now switch networks on your Metamask wallet. Your assets should be visible on the assets tab.

bridging-assets-arbitrum (1).png

Learn more about Arbitrum

For more information about using Arbitrum we have these two resources.

Or visit Arbitrum Documentation.