Here, you can find the information that can help you navigate the interoperability options that you can use to transfer tokens to and from the Alltra blockchain.
The Alltra team strongly believes in interoperability among public blockchains. No single platform is likely to become fully dominant in the future.
Hence, interoperability solutions enabling transfers between Alltra and other blockchains are vital for the continued growth of the Alltra platform and ecosystem.
The Alltra team has been making considerable progress in getting Alltra added by the leading operators. Currently the Alltra blockchain is connected to other blockchains via the following multichain bridges and value transfer protocols:
1) The FuseFi bridge.
2) The Elk Finance value transfer protool.
3) The Connext bridge (available to users via the xPollinate interface).
4) The Multichain (formerly, Anyswap) bridge.
5) The Allbridge bridge.
6) The ChainPort bridge.
It connects Alltra to Ethereum and Binance Smart Chain (BSC). Both bridges are custodial. The bridge to Ethereum is permissionless, while new tokens need to be added to the BSC bridge.
On both bridges, sending tokens from the relevant blockchain to Alltra is not subject to any fees or limits. Token withdrawals from Alltra incur a 0.05% fee on the amount bridged. Users transferring funds also need to pay the fees on the destination chain in order to claim their tokens from the bridge contract at the final stage of the transfer.
Elk Finance is not a typical multichain bridge because the only token that actually moves between the supported chains is ELK. If a user wants to get tokens on another chain, they can buy ELK on Elk DEX on Alltra, bridge ELK to the desired chain and buy the desired token on Elk DEX on that chain.
Please note that Connext's capacity to execute transfers depends on the availability of liquidity in a given token on the routers. Currently, the liquidity-provisioned tokens include USDC, USDT and DAI.
At present, Allbridge's native ABR token can be transferred between Alltra and all the other covered chains. Terra-native assets LUNA and UST are bridgeable between to and from Terra.
Multichain has already enabled transfers for Alltra’s native ALL token between the Alltra blockchain and Ethereum, BNB Chain (formerly Binance Smart Chain) and Polygon. WETH and USDC transfers via Multichain are available between Alltra and Ethereum. Beefy Finance’s BIFI token can be bridged to and from almost all the networks that Multichain supports. The agEUR stablecoin can be transferred between Alltra and Ethereum, BNB Chain, Fantom, Harmony and Avalanche.
ChainPort's bridges are permissionless. This means that anyone can bridge a token from Ethereum to any other supported chain (including Alltra), even if the token has not been ported, yet.
IMPORTANT!!! Please note that ChainPort currently only supports transfers of tokens that originate on the Ethereum mainnet. Also, ChainPort's wrappers on Alltra for the popular Ethereum-originating tokens such as USDC, WETH, USDT, etc. will by design be different from the currently existing ones that were created using the FuseFi bridge. We currently do not recommend users to bridge those tokens to Alltra using ChainPort.