Have you been using the Polygon Mainnet and you now want to move some of your Eth back to the Ethereum Mainnet? If so, this will show you exactly how to do it, without spending an arm and a leg on gas fees.
Yes, there is a way to wrap your Polygon Eth to Normal Eth. The easiest way to do it is with the Umbria Narni Bridge.
You can also use the official Polygon Bridge from https://wallet.polygon.technology/bridge
To use that, you will need to be logged into your MetaMask wallet and on the “Ethereum Mainnet” however when I did it most recently, it was more expensive than the Umbria Narni Bridge.
To do this, you’ll want to select which coin you are moving from Ethereum Mainnet over to Polygon and then click on “Transfer”. Once you do that, you’ll see this screen.
After you click on “Continue” you will be greeted with this screen…
As you can see in the example here, you need to have multiple transactions to approve the transfer as well. The first is the “Approve” Deposit, which let’s your wallet know that you trust the website. The next will be the “Complete” Deposit, which is the actual confirmation of the transfer.
After you click on “Continue” there, you’ll have to wait for it all to be confirmed, and then you’ll have the token over on the Polygon Mainnet. These fees may vary so be aware that the cost listed above in the picture may be different than the cost you see when you choose to do it.
Moving any cryptocurrency assets between chains has been a costly event, but as more and more companies create innovations to improve the process, it will get easier for us. That is why I was thrilled when I came across the Umbria Narnia Bridge.
According to their site, they are 10x cheaper and 10x faster than other bridges. The way that they do this is they hold multiple assets on each chain, you’ll see which ones in the chart below. They use Liquidity Pools on each of the different chains to make this possible, so when someone is wanting to move a cryptocurrency from the Ethereum Mainnet to the Polygon Mainnet, they have liquidity providers on both chains. That makes it easier for you and I, the user, to successfully make these swaps.
The Umbria Narnia bridge doesn’t rely on validating smart contracts, which adds a lot of time to the bridging process. This means they can complete the cross-chain transactions a lot faster and with lower fees.
Which Cryptocurrencies Can I Bridge on the Umbria Narnia Bridge?
UMBR | MATIC | ETH | USDT | USDC | WBTC | GHST | |
Polygon Mainnet | YES | YES | YES | YES | YES | YES | YES |
Ethereum Mainnet | YES | YES | YES | YES | YES | YES | YES |
Binance Smart Chain | SOON | SOON | SOON | SOON | SOON | SOON | SOON |
Solana | TBA | TBA | TBA | TBA | TBA | TBA | TBA |
Avalanche | TBA | TBA | TBA | TBA | TBA | TBA | TBA |
Kucoin Community Chain | TBA | TBA | TBA | TBA | TBA | TBA | TBA |
Prior to doing anything in DeFi and crypto, you need to do a little research on your own to check the validity of every app or website you are using. Always be sure to read the fine print and be aware of everything that can happen with these websites.
Recommended reading to learn more about Umbria Narnia Bridge:
- Umbria’s Cross-Chain Narni Bridge is Now Live
- Cross chain Narni Bridge beta launches from Umbria Network
- Umbria Network’s Narni Bridge offers cheap, fast transactions and high APY
- Online Blockchain plc: Umbria’s Cross-Chain Narni Bridge is Now Live
What else can you do on the Umbria Narnia Bridge?
One thing that you may be interested in, is providing liquidity to the bridge, in order to receive fees. (bridge.umbria.network/pool). As a liquidity provider, any time that someone bridges assets between two cryptocurrency networks on the Umbria Narnia Bridge, liquidity providers receive a share of a 0.2% fee. You can also become a liquidity provider of a single asset, which will earn you interest in the native asset that you supply.
If you are a stablecoin farmer, this may be worth looking into. Stablecoins tend to be a very important asset because of how commonly they are used to bridge. That means many liquidity pools are always looking for stablecoin farmers.
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