Dear Gelottians,
We are excited to publish our comprehensive guide on how to migrate your tokens seamlessly and efficiently. This guide will provide you with step-by-step instructions to ensure a smooth transition to our ERC20 tokens, empowering you to continue engaging with our platform with ease and confidence.
Load Juno GLTO to Osmosis: Transfer your Juno GLTO tokens from your wallet to the Osmosis platform. Navigate to the Osmosis website and connect your wallet to access your tokens.
Access the Swap Platform: Visit the GLTO-ERC20 migration platform using the provided link.
Initiate the Swap: On the swap platform, select the option to swap your Juno GLTO for Injective.GLTO tokens. This migration enables compatibility with the broader Ethereum ecosystem.
Complete the Swap: Follow the on-screen instructions to complete the swap process. Ensure that you have sufficient funds for gas fees associated with the transaction.
Withdraw Injective.GLTO Tokens: Once the swap is completed, you can withdraw your Injective.GLTO tokens from Osmosis to the Injective platform using the provided bridge.
Enjoy the Benefits: Once the tokens are successfully transferred to the Injective platform, you can benefit from the features and utilities provided by the Injective.GLTO tokens.
(Optional step): If you wish to bridge your injective.GLTO tokens to the Ethereum mainnet, or vice versa, simply visit the Injective bridge to transfer your tokens between Injective and Ethereum. (Beware that gas fees on Ethereum can be considerably higher than on Injective or Osmosis).
Please note, for successful bridging, you'll need an additional wallet that supports the Ethereum network, such as MetaMask.
What It Achieves for Our Products Moving Forward:
Enhanced Compatibility: Migrating GLTO to ERC-20 ensures compatibility with the broader Ethereum ecosystem, opening up opportunities for integration with various DeFi protocols and platforms.
Expanded Liquidity Pool: The migration enables the expansion of liquidity pools, enhancing trading opportunities and market depth across different blockchain environments.
Cost-Effective Transactions: Utilizing INJ/Cosmos as our compute layer ensures efficient and affordable transactions, with transaction fees paid in Cosmos tokens.
Optimized Infrastructure: With ETH serving as our liquidity layer and Cosmos as our execution layer, we ensure optimized infrastructure for our products and services.
Future-Proofing: Deploying wrapped GLTO SATH to Injective, our new hub, ensures readiness for future developments and advancements, providing a robust foundation for our multi-chain vision.
Conclusion:
In conclusion, swapping Juno GLTO to Injective.GLTO marks a significant step forward for Gelotto, unlocking new opportunities and optimizing our infrastructure for future growth and innovation. Stay tuned for further updates on our journey!