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How to Trade y00ts on Polygon: A Comprehensive Guide
How to Trade y00ts on Polygon: A Comprehensive Guide

Learn how to obtain wETH/MATIC, set up your wallet, and navigate the bridge to trade y00ts NFTs on Magic Eden's Polygon marketplace

Browny avatar
Written by Browny
Updated over a week ago

y00ts NFTs are set to become tradable on Magic Eden's Polygon marketplace once the bridge goes live. If you're a Solana native, you'll need to trade newly bridged y00ts using wETH, and the collection will be denominated in wETH on Magic Eden Polygon. Additionally, MATIC is required in your wallet to cover gas fees. This guide will walk you through the process and provide all the necessary information for a smooth transition.

Setting Up Your Wallet

Supported Wallets

To transact on Magic Eden Polygon, you can choose between Phantom's new (cross-chain) wallet or a MetaMask wallet. If you have both wallets installed, make sure to set your preferred wallet as the 'default wallet' in the Phantom settings. For more information about Phantom's new wallet feature, see our Help Centre article. For users of Ledger, review this article by Phantom.

Setting Up the Bridge to the Polygon Network for MATIC and wETH

Bridging from Ethereum to wETH on Polygon

You can execute a bridge from Ethereum to wETH on the Polygon network using Polygon's list of fast bridges. Alternatively, you can use the Polygon PoS bridge, although it may take more time to process.

Bridging from Solana to Polygon

Refer to the Twitter thread by the Polygon team for a step-by-step guide on bridging from Solana to the Polygon network.

You'll need:

  • Your Solana wallet

  • A Polygon wallet

  • Some Solana tokens to bridge over

In the example provided, the team uses the Portal Token Bridge to bridge from Solana to the Polygon network. At the end of the thread, you'll find a link to the Polygon website where you can obtain some MATIC through a swap, ensuring you have enough for the transaction fee when bridging. You may also select Dust as your Solana token of choice during the bridging process.

Please note that when bridging Solana tokens, you'll receive a wrapped version of that token, such as wSOL. Afterward, you'll need to use a protocol like Uniswap to exchange these tokens for wETH on the Polygon network. If bridging from ETH, you'll receive wETH and are not required to use a protocol.

Obtaining wETH and MATIC for Gas

You can acquire wETH and MATIC directly from exchanges like Binance or KuCoin, or you can bridge them over from your Solana holdings. Additionally, Polygon allows you to swap for gas tokens on their bridge here.

Trading y00ts

For Sellers

To list your bridged y00ts NFT on Magic Eden, you'll need MATIC to cover the gas fee. The gas fee, similar to Solana, is minimal. However, having enough MATIC for gas is always a safe bet to prevent transaction failures. If you bridged the y00t you are selling, the y00ts team will cover the initial MATIC for staking and listing to get you started.

For Buyers

To buy a bridged y00ts NFT on Magic Eden, you'll need a Polygon wallet (Phantom and MetaMask are both fine), as well as wETH for the purchase and MATIC to cover the small gas fee. Ensure you have sufficient MATIC in your wallet to avoid transaction failures.

Other Resources

With this comprehensive guide, you now have all the information you need to bridge and trade y00ts NFTs on Polygon's Magic Eden marketplace. Whether you're a seller or a buyer, follow the steps outlined above to ensure a smooth and successful trading experience. Happy trading!

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