How to bridge your tokens from Tezos to Etherlink?

A bridge (or cross-chain bridge) is a technological protocol that allows the transfer of cryptoassets or data between two different blockchains. Blockchains like Ethereum, Solana, Avalanche, or BNB Smart Chain are generally incompatible with each other. This means that you cannot, for example, directly send a native Ethereum token (like ETH) to Solana; this is because these blockchains operate with different infrastructures, distinct smart contract languages, and cannot "communicate" natively with each other.

The bridge therefore serves as a gateway to connect two isolated blockchain ecosystems, and enable asset transfers, such as:

• Tokens (eg ETH, USDC)
• NFTs
• Sometimes even smart contract calls (in the case of more complex bridges)

Why are bridges necessary?

The development of numerous blockchain networks has led to a fragmentation of the ecosystem. Each blockchain brings its own advantages, but this diversity has also created technological silos. A bridge therefore meets several concrete needs: A bridge allows users to navigate freely between multiple blockchains, as if they were a single network. This improves the overall experience in the Web3 universe.

Some networks, like Ethereum, can be expensive in terms of transaction fees (gas). Using a bridge allows you to transfer your funds to a faster and cheaper blockchain (like Arbitrum, Polygon, or BSC), thus reducing costs. Some decentralized applications (dApps) only exist on a given blockchain. For example, a DeFi platform might be exclusively on Avalanche. To participate, a user will need to transfer their funds from Ethereum to Avalanche via a bridge.

Many users leverage DeFi (decentralized finance) on multiple blockchains simultaneously. Bridges allow liquidity to flow between these different environments. In a multi-chain future, users won't necessarily want to know which blockchain they're using. Bridges are a key component to making the boundaries between blockchains invisible and enabling a consistent user experience.
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The LYZI token

Technically, the $LYZI token was initially launched on the Tezos blockchain, chosen for its security, speed, and low energy consumption. It follows the TZIP-12 (FA 2.0) standard, allowing interoperability with other blockchain systems. Now the token will be bridged to Etherlink to make it EVM compatible. The term "EVM compatible" on Etherlink means that this blockchain or solution is compatible with the Ethereum Virtual Machine (EVM); the execution environment that allows Ethereum smart contracts to be deployed and executed.

To transfer your $LYZI tokens from Tezos to Etherlink, follow these steps:

1. Connect your Tezos wallet:

• Use a Tezos compatible wallet (eg Temple Wallet).
• Make sure your $LYZI tokens are available in your wallet.

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2. Access the Lyzi bridge platform:

• Go to https://bridge.lyzi.io/
• Connect your Tezos wallet via the interface.
• Connect your Etherlink wallet (e.g. Metamask).

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3. Configure MetaMask for Etherlink:

Add the Etherlink network to MetaMask:

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Either automatically from the bridge interface when you connect your 'Switch Network' metamask, or manually:

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• Add a custom network
• Network Name: Etherlink
• RPC URL: https://node.mainnet.etherlink.com
• Chain ID: 42793
• Symbol: XTZ
• Block Explorer: https://explorer.etherlink.com/

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4. Start the transfer:

• Enter the amount of $LYZI to transfer.
• MAKE SURE YOU HAVE SOME TEZOS TO PAY TRANSACTION FEES.
• Confirm the transaction in your Tezos wallet.
• Wait for validation (approximately 20 seconds).

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5. Check your tokens on Etherlink:

• Once the transfer is validated, your $LYZI tokens will appear in your MetaMask wallet on the Etherlink network.
• You can check your various transfers in the 'Transfers' tab on the bridge website.

Please note that the reverse path → Etherlink to Tezos is feasible, but this transfer will take about two weeks.

There is also a video version of this tutorial that you can find right here .

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It is also important to note that the wallet used to store your tokens must be the same as the one used when paying via the Lyzi gate to benefit from the advantages.

When you log in to the Lyzi payment gate, our system will recognize the token holders and award rewards based on the number of tokens held.

If you have any technical problems or have any misunderstandings, you can ask us your questions in the official Lyzi Telegram group: https://t.me/Lyzi_fr/1

And if you want to see more, we invite you to visit our Dapp right here.