ALN live on Polygon + listing on QuickSwap DEX + MATIC with MetaMask Guide
We are proud to announce that the Aluna token has been successfully bridged to Polygon and is now listed on QuickSwap! 🎉
The WETH-ALN pair on QuickSwap has been seeded with $50,000+ of liquidity, including 350,000 ALN from the Ecosystem Fund.
This article also provides a simple guide for:
- Using the Polygon network with MetaMask
- Bridging Ethereum ERC-20 tokens to and from Polygon
- Executing Swaps on QuickSwap
- Adding Liquidity on QuickSwap
ALN x Polygon x QuickSwap: Fast swaps. Cheap fees.
Anyone can now buy ALN on QuickSwap’s decentralized exchange, while enjoying lightning fast swaps with near-zero gas fees powered by Polygon’s full-stack scaling solution.
You can also use the Polygon Bridge to transfer ALN tokens from Ethereum to the Polygon network and add liquidity to ALN pairs on QuickSwap.
The official address of ALN on the Polygon network is 0xa8fcee762642f156b5d757b6fabc36e06b6d4a1a.
How to use Polygon (MATIC) Network with MetaMask
If you’re already on Ethereum and use MetaMask, it is really simple to get started on the Polygon network (formerly known as Matic network).
This will automatically add the RPC config for the network in a few clicks — so that you can use MetaMask, but on the Polygon network!
Don’t trust, verify!
Check that the RPC config details are correct, then click ‘Approve’ to add the Polygon/Matic network, and ‘Switch network’ to start using it on MetaMask.
The native token of the Polygon network is MATIC, and all transactions on Polygon require MATIC tokens for gas fees.
Now all that’s left to do is to get some MATIC tokens on the Polygon network. If you don’t already own MATIC, you can either:
- Purchase MATIC (ERC-20) from Uniswap or other DEXs on Ethereum mainnet, then bridge them from Ethereum to the Polygon network, or
- Purchase MATIC from a CEX that supports Polygon network, such as Binance, and withdraw them directly to your wallet on the Polygon network.
How to Cross the Polygon Bridge from Ethereum using MetaMask
Anyone can use the Polygon Bridge to transfer ETH, ALN or any ERC-20 between the Ethereum and Polygon networks.
In this example, we will bridge some MATIC (ERC-20) tokens from Ethereum to Polygon using MetaMask.
Head to the Polygon Bridge and login with your Web3 wallet (MetaMask, WalletConnect, or Coinbase Wallet), then complete 3 simple steps to complete the bridging process:
- Search for ‘Matic Token’ in the ‘FROM Ethereum’ section
- Enter the number of MATIC tokens you want to swap
- Click ‘Transfer’ and follow the instructions to complete the transfer
The transfer process consists of two transactions; one to approve MATIC transactions from your wallet, and another to send the MATIC tokens to the bridge.
Note that paying fees is required to move funds between the Ethereum network and the Polygon network.
After making the jump to the Polygon network, all your ALN swaps on Quickswap will cost less than 1/1000th of the fees you usually pay on Uniswap.
Read the Polygon/Matic Web Wallet documentation to learn more about how to move your ETH and ERC20 tokens between networks.
Trading ALN on QuickSwap
With MATIC in your Polygon wallet, you can now execute transactions and swaps on the Polygon network, and purchase ALN tokens on the QuickSwap DEX.
👉 Click here to buy ALN on QuickSwap
For more information go to the QuickSwap info page for ETH-ALN Pair.
Adding ALN Liquidity on QuickSwap
To add liquidity to the ETH-ALN pair on QuickSwap, you need to supply an equivalent value of ETH and ALN to the pool.
By adding liquidity you’ll earn 0.25% of all trades on this pair proportional to your share of the pool. Fees are added to the pool, accrue in real time and can be claimed by withdrawing your liquidity.
👉 Click here to add liquidity to the ETH/ALN pool on Quickswap.
After adding liquidity, add the token address of the LP token to your Metamask: 0x150255a6ba2d32ac058e8b435a445f5137a21857 to view the Quickswap-ETH/ALN-LP token on your MetaMask wallet.
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Plasma, Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 500+ Dapps, ~567M+ txns, and ~6M+ daily txns.
QuickSwap is a fork of Uniswap that runs on the Polygon network (formerly Matic Network), a full-stack scaling solution for Ethereum. Polygon features lower transaction fees compared to the Ethereum mainnet, enabling QuickSwap to facilitate token swaps at a lower cost relative to exchanges like Uniswap v2.
About Aluna Social
Aluna.Social is a gamified social trading terminal built for the Web3 world. With a transparent social environment, top traders are rewarded monetary and reputationally, beginner traders can learn from experts and automatically copy their trades, and all traders can manage multiple exchange accounts from one place. Aluna.Social is currently integrated with 7 exchanges, including BitMEX, Binance and Bitfinex, and has over 30,000 users and $60M in monthly trading volume.