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📣 We just enabled $axlUSDC trading on SushiSwap! 📣
💡 What is axlUSDC?!
axlUSDC is a wrapped, composable, multi-chain version of the stablecoin USDC by Axelar. For every axlUSDC minted there is a corresponding unit of USDC locked in an Axelar Gateway on Ethereum. What makes axlUSDC different from other wrapped stablecoins is that it is secured by a dynamic validator set running delegated Proof-of-Stake, who hold key shares determined by number of AXL token staked.
💰How to buy $axlUSDC on SushiSwap:
- Get the Metamask wallet browser extension at https://metamask.io/.
- Buy ETH at any fiat-token gateway, and send ETH to your Metamask.
- Head over to https://bridge.arbitrum.io/?l2ChainId=42161 to bridge your ETH from Mainnet to Arbitrum One
*This is a reference image that serves as an example of the action to be taken - If your Metamask doesn’t show Arbitrum One yet, head over to https://chainlist.xyz/ and connect your wallet.
*This is a reference image that serves as an example of the action to be taken - Head over to app.sushi.com/swap to swap from ETH to axlUSDC.
*This is a reference image that serves as an example of the action to be taken - Approve by signing and confirm your swap
*This is a reference image that serves as an example of the action to be taken
*This is a reference image that serves as an example of the action to be taken - Add $axlUSDC token to Metamask by selecting import token and entering the axlUSDC Arbitrum One contract: 0xEB466342C4d449BC9f53A865D5Cb90586f405215
*This is a reference image that serves as an example of the action to be taken - You should see your tokens in your wallet now!
💸 Bonus
Learn how you can earn a portion of the trading fees by becoming a Liquidity Provider in this tutorial.
💬 Still have questions?
Hit us up on Discord or on Twitter.
Sushi is building a decentralized, comprehensive DeFi ecosystem complete with AMM, cross-chain capabilities, NFT artist platform and more. Follow our socials to keep up with our product launches and find out more on how you can make the most of your cryptocurrency assets with Sushi’s secure and powerful DeFi tools!
