$LOOT Token is now on Polygon with the aid of Multichain

Lootex Editor
Lootex
Published in
3 min readJun 9, 2022

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LOOT Token bridge: Multi-chain upgrading to V3

We have been supporting LOOT on BSC since Feb 10th 2022. We will be extending our LOOT token on Polygon with the aid of Multichain.

Multichain is endeavoring to serve diverse blockchains to enable the smooth interoperability among chains and accelerate the realization of a multi-chain future. You will now be able to swap LOOT tokens freely between ETH, BSC and Polygon.

LOOT is now migrating to Multiple-way bridging on Multichain:

  • Ethereum to BNB Smart Chain
  • Ethereum to Polygon
  • BNB Smart Chain to Polygon

LOOT <-> BNB CHAIN <-> Ethereum <->Polygon

How to bridge LOOT token into Polygon

  1. Go to https://app.multichain.org/#/router
  2. Search for LOOT token in the drop down list.

3. Select Ethereum or BSC in “From”. Select Polygon in “To”.

For ETH to Polygon, there is the reminder from Multichain:

  • Crosschain Fee is 0.1 %, Minimum Crosschain Fee is 6.25 LOOT, Maximum Crosschain Fee is 1,250 LOOT
  • Minimum Crosschain Amount is 12.5 LOOT
  • Maximum Crosschain Amount is 6,250,000 LOOT
  • Estimated Time of Crosschain Arrival is 10–30 min
  • Crosschain amount larger than 1,250,000 LOOT could take up to 12 hours

4. Approve and Swap.

5. Wait for 10–30 min. You will receive the LOOT tokens on Polygon.

Coming soon

We will be announcing LOOT token’s utility on Polygon and how to buy LOOT token on Polygon at a later time, stay tuned!

Resources

LOOT token address on Polygon:

0x4E2B07c0bCd975CAF4F6B10cA30D59D568d0fB0d

Check out LOOT token on PolygonScan:

https://polygonscan.com/token/0x4e2b07c0bcd975caf4f6b10ca30d59d568d0fb0d

About Multichain:

Multichain was born as Anyswap on the 20th July 2020 to service the clear needs of different and diverse blockchains to communicate with each other. Multichain is now the leader in the cross-chain field, with a rapidly expanding family of chains (currently 52) and tokens (currently 2313). From the official launch, Multichain records an accumulated trade volume of 80 billion dollars, accumulated transaction counts of 3.5 million and accumulated user number of 630,000. These statistics are proof of the extensive use of Multichain and users’ increasing trust.

About Lootex

Lootex is a player-centric cross-chain NFT trading platform that shares the latest blockchain game info. We are devoted to building a gamer-centric game asset marketplace where gamers can easily browse, trade, and buy game assets across multiple blockchains.

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Lootex Editor
Lootex

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