Guide to Using the BalanceAI Bridge (wBAI > BAI)
This guide provides a detailed overview of how to convert wrapped BAI (wBAI) on Ethereum into the native BalanceAI Chain token (BAI) via our bridge.
Important Notes
- The process does not work with amounts less than 0.123 (the fee).
- The exact fee on the ETH side is: 0.123000321 wBAI.
- The fee is burnt forever.
- Due to timing on the ETH network, some processes may take time to sync in the BalanceAI dashboard. Please allow 1 to 20 minutes for the transactions to be displayed correctly, and consider refreshing the page to get the latest status updates on your processes.
- The teleport time is 12h, the claim on other chain is possible after that time.
Access the BalanceAI Dashboard via:
Mainnet
https://dashboard.balanceai.network
Testnet
Please contact us on Discord for access to testing features
Important Notes
Before starting the process, If you need a wallet, read this sections where we recommend the Polkadot.js extension:
1. Read Disclaimer and agree to the terms
2. Click on I Understand
3. Click on AI Bridge
4. Be sure your settings are preset From: Ethereum To: BalanceAI
5. Click the Connect button at the top right of the dashboard to authorize your BalanceAI wallet connection.
6. Verify your connection…
7. Click on Connect Wallet to establish a connection with your Ethereum wallet.
8. Click on MetaMask
9. Sign your Metamask connection
10. Enter your desired amount
11. Insert your BalanceAI wallet address or click to use your account to select the connected wallet
12. Click on Approve
13. A Send transaction pop-up will appear…
14. Confirm the transaction on MetaMask
Note: To avoid future fees on spending caps, you can increase the amount to a higher limit. This will allow you to bridge larger amounts in the future without incurring additional fees for this process. It's up to you