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Updated on July 8, 2021

Use the bridge

The Palm bridge can be used to transfer assets between the Palm network and Ethereum.

A small fee is required to move assets from the Palm network to Ethereum. Part of this fee covers the cost of gas, and the other part is used to purchase carbon offsets in order to make these operations carbon neutral.

When assets are transferred onto the Palm network, the bridge will top up the depositor’s account with a small amount of PALM.

Palm provides the following environment-specific bridges:

Using the Palm Testnet bridge

You can use the Palm Testnet bridge to transfer tokens between Palm Testnet and the Ethereum Rinkeby testnet. You must be connected to Palm Testnet.

This guide walks you through transferring DAI from Rinkeby to Palm Testnet.

1. Create a Rinkeby account

Access Rinkeby on your MetaMask wallet by selecting Rinkeby Test Network under the Networks tab. Create a new account.

2. Get tokens on Rinkeby

The bridge allows you to transfer DAI tokens between Rinkeby and Palm Testnet. To get DAI on Rinkeby, first get some ETH onto your Rinkeby account by transferring from another account or through the Rinkeby faucet.

Next, get DAI on Rinkeby using Compound as follows:

  1. Select Dai under Supply Markets.
  2. Select Withdraw.
  3. Select Faucet at the bottom of the screen. This opens MetaMask and confirms the transaction. After a few seconds, DAI is added to your Rinkeby account.
  4. To view the DAI on your MetaMask wallet, select Add Token on your Rinkeby account in MetaMask and enter the contract 0x5592ec0cfb4dbc12d3ab100b257153436a1f0fea.

3. Transfer tokens between Rinkeby and Palm Testnet

Use the Palm Testnet bridge to transfer tokens from Rinkeby to Palm Testnet, entering:

  • The transfer amount.
  • The token (DAI).
  • The destination address.

You can similarly transfer tokens from Palm Testnet to Rinkeby using the bridge.

Using the Palm Mainnet bridge

You can use the Palm Mainnet bridge to transfer tokens between Palm Mainnet and Ethereum Mainnet. You must be connected to Palm Mainnet.

This guide walks you through transferring DAI from Ethereum Mainnet to Palm Mainnet.

1. Create an Ethereum Mainnet account

Access Ethereum Mainnet on your MetaMask wallet by selecting Ethereum Mainnet under the Networks tab. Create a new account.

2. Get tokens on Ethereum Mainnet

The bridge allows you to transfer DAI tokens between Ethereum Mainnet and Palm Mainnet. You can get DAI by trading or selling it on exchanges such as Coinbase, or taking out a loan on MakerDAO.

Transfer DAI into your Ethereum Mainnet account on your MetaMask wallet.

3. Transfer tokens between Ethereum Mainnet and Palm Mainnet

Use the Palm Mainnet bridge to transfer tokens from Ethereum Mainnet to Palm Mainnet, entering:

  • The transfer amount.
  • The token (DAI).
  • The destination address.

You can similarly transfer tokens from Palm Mainnet to Ethereum Mainnet using the bridge.

Questions or feedback? You can discuss and obtain community support on Palm Discord.
For additional support, contact Palm on Palm website.