If a user wants to bridge their $MELD on the MELD Blockchain to Cardano, they will need to hold both gMELD and MELD.
17 Oct 2023, 15:54
If a user wants to bridge their $MELD on the MELD Blockchain to Cardano, they will need to hold both gMELD and MELD.
gMELD will be spent to pay the gas fees for the transaction.
$MELD will be transferred to the bridging smart contract.
This is why you need both tokens.
Same news in other sources
217 Oct 2023, 15:54
⚠️ WARNING ⚠️
Make sure you always leave a small amount of gMELD in your wallet to pay for transaction fees.
If you wrap all of your gMELD into MELD, you won't be left with any gMELD to pay for gas and you won't be able to unwrap the MELD back to gMELD either!
WARNING. Make sure you always leave a small amount of gMELD in your wallet to pay for transaction fees.
⚠️ WARNING ⚠️
Make sure you always leave a small amount of gMELD in your wallet to pay for transaction fees.
If you wrap all of your gMELD into MELD, you won't be left with any gMELD to pay for gas and you won't be able to unwrap the MELD back to gMELD either!
17 Oct 2023, 15:54
As we're all about creating the best UX, gasless transactions are coming soon to the entire MELD ecosystem which means gMELD won't be something you have to worry about anymore.
That being said, we think it's important for everyone to know what's happening under the hood.
As we're all about creating the best UX, gasless transactions are coming soon to the entire MELD ecosystem which means gMELD won
As we're all about creating the best UX, gasless transactions are coming soon to the entire MELD ecosystem which means gMELD won't be something you have to worry about anymore.
That being said, we think it's important for everyone to know what's happening under the hood.