How to Bridge from Oasis Emerald to Fantom
Celer cBridge makes it quick, easy, and secure to bridge assets from Oasis Emerald to Fantom and from Fantom to Oasis Emerald by following these simple steps:
Step 1:
Connect your wallet by clicking on the “Connect Wallet” button above in order to begin your cross-chain transfer.
Step 2:
Select “Oasis Emerald” in the “From” dropdown menu, select “Fantom” in the “To” dropdown menu, and then select the asset type you wish to bridge to Fantom.
Please Note: You will have to switch your wallet’s network to Oasis Emerald in order to perform the cross-chain bridging of your selected token from Oasis Emerald to Fantom.
Step 3:
Input the amount of the token you selected that you would like to transfer from Oasis Emerald to Fantom in the “Send:” field. The estimated amount of that asset that is to be bridged to Fantom will be displayed in the “Receive (estimated)” field.
Step 4:
Review all of the Fantom bridge transfer information and cost estimates. If all of the cross-chain bridging transaction information is correct and acceptable, click the “Transfer” button and approve the transaction prompts to begin the cross-chain transfer.
Step 5:
Wait for your cross-chain bridge transaction to Fantom to complete. You will then receive your bridged tokens on Fantom.
Please Note: Most cross-chain transfers are completed almost instantaneously, however some may take as long as 20 minutes to complete depending on how much traffic the chain is experiencing.
If you wish to see more details about the bridge transaction from Oasis Emerald to Fantom, you can click the links in your “Transfer History” tab.
For a more in-depth step-by-step guide on cross-chain transfers and crypto bridging see our full tutorial here:
https://cbridge-docs.celer.network/tutorial/cross-chain-transfer
Oasis Emerald Information
Oasis Emerald is an EVM compatible ParaTime on the Oasis Network. With the goal of supporting EVM based decentralized applications in growing its own ecosystem, Oasis Emerald is supported by 30 node operators, and offers several core differentiating features including full EVM compatibility and seamless integration of various decentralized applications in DeFi, metaverse, NFT, gaming, and many more. ParaTime on the Oasis Network operates fundamentally differently as its computing operations are separated from maintaining an immutable ledger. These ParaTimes exist in parallel with their own transactions to the consensus Layer and can be customized to support various use cases. Emerald is also designed to specifically help scale through transactions with much lower fees than that of Ethereum.
Rose / (ROSE) Current Information
Description
Similar to many blockchains and as ETH is to Ethereum, ROSE is used to cover network transaction fees on its network. Users are also able to stake ROSE to help secure the network and earn rewards as well as delegate in the network consensus. Unlike many protocols, Oasis gives users complete control over their assets and that allows them the option to stake ROSE on a cold wallet that is not connected to the internet for enhanced security. There is also economic slashing for validators not present or misbehaves.
Fantom Information
Fantom, a layer 1 blockchain, is a “high-performance, scalable, EVM-compatible, and secure smart-contract platform.” With over 200 dApps launched on the Fantom mainnet, Fantom’s consensus mechanism, Lachesis, enables the delivery of fast transaction speeds, low transaction costs, and deterministic finality, while remaining permissionless, decentralized, and open-source.
Similar to other Ethereum Virtual Machine (EVM) compatible platforms, applications that are built using Solidity, the Ethereum programming language, developers can deploy on Fantom with minimal modifications. Fantom envisions a more connected and efficient blockchain ecosystem and is expanding its blockchain technology footprint.
Fantom (FTM) Current Information
Description
FTM is the primary token on the Fantom network, and is used for securing the network (as the main utility token) through staking, for governance, for payments, and for fees. With a total supply of 3.175 billion FTM tokens, FTM is available as native mainnet tokens, as ERC-20 tokens, and as BEP-2 tokens.
Our cross-chain bridge, cBridge, supports the cross-chain bridging of FTM 
between multiple chains with the fastest speeds, lowest costs, and most secure transactions available. The full name of this asset is Fantom and the ticker of this asset is FTM.
What is a Blockchain/Crypto Bridge?
Blockchain or Crypto bridges work just like the real thing, but instead of connecting physical places together, they are used to connect digital ecosystems together. These bridges can pass both information and assets between the bridged blockchains. We call this a cross-chain transfer.
As an example, if you have a need to use a token on Fantom, and you have that token on Oasis Emerald and not on Fantom, you could either deposit more of that token specifically on Fantom, or you could find a Fantom bridge that will bridge that from Oasis Emerald to Fantom so you do not have to spend more to get additional tokens just because it is on Fantom.
There are also different types of bridging in terms of how the cross-chain transfer is done from a technical standpoint. There is liquidity-based bridging where there are liquidity pools of an asset on both the source and destination blockchains. There is also canonical-based bridging where an asset is locked on the source chain and a new asset that represents that locked asset is created on the destination chain.
Bridging and cross-chain transfers are not limited to just normal assets or fungible tokens either. Bridges can transfer and move non-fungible tokens (NFTs) between chains as well. cBridge supports 2 main models when it comes to NFT bridging, pegged NFT bridging and multi-chain native (MCN) NFT bridging. Pegged NFT bridging is similar to the canonical-based bridging mentioned above. The NFT is locked on the source chain and a new NFT that represents that locked NFT is created, or minted, on the destination chain. In the MCN NFT bridging model, however, a MCN NFT does not have the notion of “origin chain” or "original NFT". When transferring an MCN NFT from chain A to chain B, the only pattern is "Burn-and-Mint" so that there is always only one NFT across all of the chains.
Then there are the different levels of “trust” you can have in a crypto bridge. The two main types are trusted and trustless bridges. Trusted bridges depend on a central system or entity and require you to put your trust in them if you wish to use their bridge. Trustless bridges, like our own cBridge, are completely controlled by and run on automated smart contracts and algorithms that have the same security and stability as the blockchain itself.
Things start to get a more complex from there so if you are interested in learning more about the different types of bridges and the tech behind them, you can read through our documents here: https://cbridge-docs.celer.network/
What are the Benefits of Using a Blockchain/Crypto Bridge?
There are many reasons you may want to use a bridge to do a cross-chain transfer between different blockchains:
Lower transaction fees
You can take advantage of platforms with lower transaction fees and higher speeds when compared to more congested chains, like Ethereum Mainnet. Especially when exploring different decentralized applications (dApps). You can look at alternative chains, like BNB Chain, and bridge whatever asset you wish to bridge, from Ethereum to BNB Chain. You can then get some of that chain’s utility token and will be able to enjoy the lower transaction fees and higher speeds afforded to chains like BNB Chain.
Take advantage of other dapps and opportunities on different blockchains
If you’ve been providing liquidity for lending out a certain token on Oasis Emerald, but see that the interest rate for lending that token on Fantom is significantly higher; you can use a cross-chain transfer to move your tokens from Oasis Emerald to Fantom in order to take advantage of that higher interest rate.
Explore other blockchain ecosystems
The Web3 world is growing fast and you now have more options than ever before when it comes to different blockchains and dApps on those chains. There are many different compelling reasons why developers are building on the chains they are and with all of this diversity it makes it difficult to select a chain to invest in. Bridges and cross-chain transfers help solve this issue. By giving you the ability to bridge assets like ETH, USDT, USDC, and BTC to different chains, this opens up your options when it comes to being able to explore alternate L1 chains and the native dapps and services that they provide.
