Get PALM Tokens
Overview
The PALM token is the native token for the Palm community. A small amount of PALM is required to cover network transaction costs, also known as gas fees.
Once you have PALM on your account, you can pay for smart contract deployments and transactions made on the Palm Network.
3 Ways to Get PALM Tokens
- Use the Bridge
- Get PALM Tokens
1. Use the Request Form
Users can request testnet or mainnet PALM tokens by completing this form.
2. Use the Bridge
The Palm bridge can be used to transfer DAI and other ERC-20 tokens between the Palm network and Ethereum. When assets are transferred from Ethereum to the Palm network, the bridge will top up the destination address with a small amount of PALM.
A fee is required to move assets across the bridge from Palm back to Ethereum, charged in DAI. This fee will:
- Cover the cost of gas on Ethereum
- Go towards carbon offset projects to account for the emissions associated with the part of this transaction that takes place on the Ethereum network.
Use the Following Environment-Specific Bridges
Testnet Bridge | Mainnet Bridge |
Use the Bridge | Use the Bridge |
3. Use the faucet
Palm partners have access to faucet APIs to top up accounts with PALM. These faucets are available across Palm network environments.
For more information on getting access to these faucet APIs, please contact us.
💡 Learn More
What are bridges?
Bridges are a way to solve one of the main problems with distinct blockchains - a lack of interoperability. Bridges link two different blockchains together by using synthetic derivatives that represent the value of one asset on another network.
What is DAI?
Dai (symbol: DAI) is a well-known decentralized stablecoin. Its value is pegged to the US Dollar (1 DAI = 1 USD), and it is widely accepted across dApps on Palm network. More information on Dai can be found here.
What are dApps?
A decentralized application (dApp) is an application built on a decentralized network that combines one or more smart contracts and a frontend user interface. You often use your wallet to interact with the smart contracts by approving transactions.
Additional Resources
