The CUDOS Bridge is the tool for migrating assets between the Ethereum and CUDOS blockchains. Users are free to move them in either direction.
Staking is only available on the CUDOS native blockchain. If you have ERC-20 CUDOS tokens, the bridge will allow you to migrate your assets to the CUDOS network, where you can then stake and earn rewards.
How does CUDOS Bridge Work?
The user sends 1,000 CUDOS tokens to the Solidity smart contract on Ethereum, specifying the address on the CUDOS Network that should receive the tokens.
Validators on the CUDOS chain can verify that this action has occurred and unlock 1,000 CUDOS on the CUDOS Network for the specified address. These CUDOS tokens can then be sent to other addresses on the CUDOS Network, used in Cosmos applications, or transferred to other Cosmos chains via the Inter-Blockchain Communication (IBC) protocol.
To return to Ethereum, the user would send the CUDOS tokens to the Gravity module on the CUDOS Network chain, specifying the Ethereum address that should receive them.
The CUDOS validators lock CUDOS tokens on the CUDOS Network and initiate an Ethereum transaction, prompting the Solidity contract to unlock 1,000 CUDOS tokens and send them to the specified Ethereum address.
Simply set your ‘transfer from’ to Ethereum and connect your MetaMask wallet.
To migrate your CUDOS, you will first need to select the direction in which you want to send your CUDOS, either from Ethereum ERC-20 to CUDOS native, or from CUDOS native to Ethereum ERC-20.
