Synthetix is happy to work with Socket Tech / Bungee to permit customers to rapidly bridge belongings to and from Optimistic Ethereum. Not solely does this permit customers to make the most of the sUSD bridge to/from Optimism, nevertheless it additionally permits Synthetix to onboard customers extra effectively throughout all of DeFi.

Bridging is now constructed instantly into the Synthetix Staking UI by means of integrating with Socket Tech/Bungee. Test it out at https://staking.synthetix.io/bridge 👇

Advantages of Socket Bridge

Socket Tech and Bungee Alternate assist to repair the multichain UX issues & permits Synthetix to offer the right onboarding expertise for customers of its protocol:

• Entry throughout chains:  Synthetix customers are unfold throughout Optimism and mainnet. The bridge caters to all of them by onboarding them from 8+ chains.
• Any to Any asset: The brand new Synthetix bridge is versatile in permitting customers to begin from any token they maintain & instantly zap right into a synth asset multi functional bridging transaction!
• Refuel: Fuel-less bridging has been a major drawback within the trade and has left many stranded upon arrival on a brand new chain. Customers can now bridge native fuel to allow them to instantly begin interacting with the ecosystem.

Socket Constructed-in Bridge Tutorial/FAQ

Here’s a fast information so that you can perceive all of the options of the bridge & get you began for the primary leap!

1) Start your bridging journey

In case you are on the house web page, you’ll be able to navigate to the bridge from the sidebar. Alternatively, you’ll be able to head instantly right here.

2) Join pockets

Click on on Join Pockets & select your pockets from a number of pockets choices! You will see your pockets’s brand on the highest proper nook as soon as it is related.

2) Choose from & to chain

From chain is the chain you are sending tokens from & to chain is the chain you need to obtain your tokens on.

For instance, to expertise Synthetix blazingly quick on Optimism, you’ll select from chain as Ethereum & vacation spot chain as Optimism.

You too can use the Synthetix bridge to return again to Ethereum!

3) Choose sending token and receiving token

As soon as you have chosen the from and to chains, choose the tokens you need to bridge. Use the drop-down menu to choose from the accessible tokens & select the specified quantity you want to bridge!

Synthetix bridge additionally enables you to bridge & zap from into any token on vacation spot!

e.g.: You possibly can go from $ETH on Ethereum to $sUSD on Optimism in a single bridging tx

4) Choose a route for bridging

Click on on the settings icon in your proper and select the very best route based mostly in your desired choice!

Excessive Return — Highest return on the vacation spot chain

Low Fuel Payment — Lowest fuel charge for bridging

Quickest — Route with least bridging time

5) Bridging

Upon getting chosen & enter the token quantities, click on on ‘Assessment Quote’ to validate your bridge transaction earlier than continuing. As soon as prepared, click on on ‘Bridge’ to start the bridging!

You possibly can see a see standing of the continuing transaction by clicking the ‘Pending’ window.

FAQ – Socket Offered

How does the bridge work?

Beneath the hood, it’s powered by Socket’s Liquidity Layer that brings an aggregated layer of varied asset bridges and DEX aggregators beneath one roof!

What bridges can be found to select from on the UI?

All main bridges, together with Hop, Multichain, Throughout, Celer, and Hyphen as nicely, as Optimism Native bridges. Select the best-suited bridge for them, relying in your bridging wants.

Does the bridge assist artificial belongings like sUSD, sETH, and sBTC?

The bridge covers sUSD bridging by means of optimism native & sBTC/sETH through swap-bridge-swap

How do Multichain swaps or swap-bridge-swaps work?

The Synthetix bridge helps swaps on all supply and vacation spot chains by means of 1inch. With swap-bridge-swap, customers can go from anyToken on a supply chain and land on their desired token on the vacation spot chain whereas getting the very best charges for each their swaps and bridging.

I obtained funds lower than the quote; what ought to I do?

For bridging transactions with a vacation spot swap talked about above, the output quantity would possibly barely fluctuate resulting from value fluctuation throughout bridging. Because you carry out the vacation spot swap post-bridging through 1inch, you might be assured that you’re getting the very best costs at the moment.

I see an error message in the course of the bridging transaction

Typically you would possibly get errors throughout multi-transaction bridging. The error signifies that the bridging is full, however the swap on vacation spot failed resulting from inadequate liquidity. Please test your pockets in case of this error and full the alternate on any DEX you select.

In case of every other errors, please increase a assist ticket for the difficulty or alternatively be part of Socket Discord & publish your drawback on the #assist channel.

How do I see the steps concerned in a bridging route?

By navigating to the ‘See route particulars’ on the Assessment Quote.

I could not do the vacation spot swap since I did not have fuel; what do I do now?

You possibly can Refuel to get fuel. Resume your pending transaction from the pending transactions tab and end bridging

I’m dealing with a problem with my bridging transaction; what ought to I do?

Listed below are a number of methods so that you can get your drawback resolved:

• You possibly can increase a assist ticket for the difficulty you’re dealing with, and we are going to get again ASAP!
• Hop into Synthetix Discord, publish your concern on the #assist channel and tag the function @Socket
• Be a part of Socket Discord & publish your concern on the #assist channel