Summary: Polygon (Matic)and Fantom (FTM) are two of the leading blockchains in the cryptocurrency space. Polygon is a Layer 2 scaling solution for Ethereum while Fantom is an open-source blockchain protocol optimized for fast and secure transactions. In this breakdown, we cover the available bridging options tand show you how to cheaply and quickly bridge assets from Polygon (MATIC) to Fantom.
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Bridge from Polygon (MATIC) to Fantom (FTM)
There are multiple ways to bridge assets from Polygon to the Fantom blockchain. The first option that we are going to cover is by using Allbridge.
Bridge from Polygon to Fantom using Allbridge
Allbridge is a DeFi platform that supports cross-chain interoperability between EVM and non-EVM compatible chains like Polygon and Fantom.
Allbridge is known for its fast and secure bridging process, with low fees and quick processing times. Follow the steps below to bridge from Polygon to Fantom with Allbridge.
1. Visit the Allbridge website. 2. Connect your MetaMask wallet. 3. Make sure to select from Polygon (MATIC) to Fantom Opera. 4. Enter the address and the amount and click send.
Bridge Polygon to Fantom via Allbridge
Polygon to Fantom via Synapse Protocol
Another option is to use Synapse Protocol to conduct an asset transfer between Polygon and Fantom.
1. Visit theSynapse Protocol. 2. Connect your MetaMask wallet. 3. Make sure to select from Polygon (MATIC) to Fantom Opera. 4. Enter the address and the amount and approve the transaction.
Bridge Polygon to Fantom via Synapse
Bridge from Polygon To Fantom (FTM) with Multichain Bridge
The third and final way to send funds from Polygon to Fantom Opera is via the Multichain Bridge.
1. Visit theMultichain Bridge. 2. Connect your wallet (WalletConnect, Coinbase, Trust Wallet, XDEFI etc). 3. Make sure to select from Polygon (MATIC) to Fantom Opera. 4. Enter the address and the amount and approve the transaction.
Bridge Polygon to Fantom via Multichain
About Polygon (MATIC)
Polygon Website
Polygon (formerly Matic Network) is a layer-2 scaling solution designed to help scale the Ethereum blockchain. Layer-2 solutions like Polygon operate concurrently with a base layer like Ethereum but process transactions outside of the mainnet.
This leads to higher transaction speeds at lower costs. Polygon also offers support for a range of Decentralized Finance (DeFi) applications, making it an attractive option for developers and users alike.
Polygon is powered by its native token MATIC which can be earned either by being a network validator or delegator.
About Fantom (FTM)
Fantom is a high-speed, low-cost blockchain platform that uses a democratically elected consensus protocol called Lachesis for its transactions which ensures fast transaction speeds and minimal energy consumption.
Fantom's native token, FTM, is used to power the network and incentivize users for staking on the network. Fantom's fast transaction times of up to 1 second combined with low transaction fees has made it an attractive option for users.
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