How to IBC Transfer SLF Token
In this guide, we'll walk you through the process of transferring SLF tokens via IBC (Inter-Blockchain Communication) between Self Chain and Osmosis. We'll cover how to use the Frontier Web Extension to make these transfers and provide essential information to ensure a smooth transaction.
Important Notes Before You Begin
- Avoid IBC Transfers to CEX: Never transfer assets via IBC to a centralized exchange (CEX) or any destination that requires a memo. IBC transfers do not retain memos across chains.
- Supported Destinations: SLF tokens on Self Chain can be sent via IBC only to Cosmos, Osmosis, or Axelar.
Prerequisites
- Frontier Web Extension: Ensure you have the Frontier Web Extension installed.
- Multi-Chain Wallet: Create a multi-chain wallet with Self Chain and Osmosis enabled.
- SLF Tokens: Deposit some SLF tokens to prepare for the IBC transfer.
How to IBC Transfer SLF Tokens from Self Chain to Osmosis
- Switch the main network to Self Chain
- Initiate the IBC Transfer: From the main view, click on Send / IBC to open the IBC transfer page.
- Enter Transfer Details:
- Enter the Osmosis address; the channel information will be filled automatically.
- Specify the amount of SLF you wish to transfer.
- No memo is needed for this transaction.
- Review and Send: Click Review Order and then Send on the next screen.
- Transaction Confirmation: Once the transaction is confirmed, you'll see a success message along with a link to the IBC transfer transaction.
Example of SLF token IBC transfer from Self Chain to Osmosis: https://explorer.selfchain.xyz/selfchain/tx/D9F71CEDFD17F10C264C15F984990BB024C2950B389FA15F9E2C68256C2F2189
How to IBC Transfer SLF Tokens from Osmosis to Self Chain
- Switch the main network to Osmosis:
- Initiate the IBC Transfer: From the main view, click on Send / IBC to open the IBC transfer page.
- Prepare for Transaction Fee: Ensure you have some OSMO tokens to cover the transaction fee.
- Enter Transfer Details:
- Enter the Self Chain address; the channel information will be filled automatically.
- Specify the amount of SLF you wish to transfer.
- No memo is needed for this transaction.
- Review and Send: Click Review Order and then Send on the next screen.
- Transaction Confirmation: Once the transaction is confirmed, you'll see a success message along with a link to the IBC transfer transaction.
Example of SLF token IBC transfer from Osmosis to Self Chain: https://www.mintscan.io/osmosis/tx/C023C103E24CE2ADF17A6BC15B8EA3A5CDD5DE1007ADF5E041317101BCAA39D2
By following these steps, you can seamlessly transfer SLF tokens between Self Chain and Osmosis, leveraging the benefits of IBC to enhance your blockchain interactions. Stay updated with the latest developments and continue to support the growth of the Self Chain ecosystem.
About Self Chain
Self Chain is the first Modular Intent-Centric Access Layer1 blockchain and keyless wallet infrastructure service using MPC-TSS/AA for multi-chain Web3 access. The innovative system simplifies the user experience with its intent-focused approach, using LLM to interpret user intent and discover the most efficient paths.
Self Chain ensures that onboarding and recovery are effortless with keyless wallets that grant users complete self-custody over their assets. In addition, it provides automated rewards to dApps when they efficiently resolve user intent, further enhancing the user experience. Moreover, Self Chain incorporates Account Abstraction with MPC-TSS to provide secure signing and reduce transaction fees. It's a platform that redefines blockchain interaction, making it more secure and user-friendly for everyone.
In a world where blockchain technology is becoming increasingly essential, the user experience remains a critical factor in its adoption. Intents and Keyless Wallets are set to transform the landscape, making blockchain interactions more accessible, efficient, and secure. As we move forward, the blockchain industry has the opportunity to provide users with a seamless and enjoyable experience, unlocking the full potential of this groundbreaking technology.