Tidal v1 is deployed on polygon, depositing USDC to provide reserve, staking TIDAL, voting with TIDAL, and providing other native team tokens in the gaurantor pool would require tokens to be transferred from ethereum mainnet to polygon (MATIC) mainnet. Below is a step by step instruction on how to transfer TIDAL. The instruction applies to all other tokens with similar steps.
The process may take around 15 minutes to complete with few transcation fees. But once on polygon, there are no more transcation fees to use USDC and TIDAL on the platform. ✌✌✌
Go to the Polygon Web Wallet V2 on https://wallet.matic.network/. Click “Metamask” and “Sign” on the Metamask window to log in to the Polygon Wallet.
Once connected, click “Move funds from Ethereum to Polygon”, select “Tidal Token”, enter the amount you want to transfer, and click “Transfer” to open the transfer pop-up window.
Click “Continue” on the window pop-up to start the process. The pop-up window displays the transaction details and the associated gas fees. Click through all of them, but make sure your MetaMask Network is on the Ethereum Mainnet before clicking the “Continue” button to start your transfer.
If you haven’t previously approved the transfer of the $TIDAL token, the Polygon Wallet will first ask you to authorize the spending of your $TIDAL token. Click the “Confirm” button on the MetaMask window when it opens up to approve the authorization.
Click “Continue” to confirm the deposit of your $TIDAL tokens, and pay the transaction fee on the MetaMask window. Then wait for the transaction to be completed. After the transaction is confirmed, it could take several minutes to complete the deposit.
When the transaction is completed, you will see the screen as shown below. And you’ve successfully transferred your Tidal tokens from Ethereum to Polygon Mainnet. Now you are ready to participate in the Tidal protocol on Polygon Network!
Add TIDAL polygon token address 👇👇👇 to your metamask to see the correct balance display 0xB41EC2c036f8a42DA384DDE6ADA79884F8b84b26