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Articlemedium.comPendulum2y ago

Step-by-Step Guide to Using Spacewalk Bridge

This guide provides a detailed step-by-step tutorial on using the Spacewalk Bridge to transfer Stellar assets like stablecoins and XLM to the Pendulum ecosystem on Polkadot. It covers wallet setup with Lobstr, acquiring and exchanging assets, obtaining PEN for fees, and completing the bridge process. The bridge enables Stellar users to access DeFi opportunities on Pendulum, including upcoming XLM trading pools.

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Lumen Loop's take

The Spacewalk Bridge connects Stellar and Polkadot ecosystems, allowing seamless transfer of Stellar stablecoins (e.g., EURC, BRL, NGNC) and XLM to Pendulum for DeFi use. The guide starts with setting up a Lobstr wallet, acquiring assets via fiat on-ramps like MoonPay, and exchanging for desired stablecoins using Lobstr's swap or Stellar DEX. Users then need a Polkadot wallet (Talisman, Subwallet, or Nova), acquire PEN tokens for gas fees from exchanges like MEXC or DEXs like Stellaswap, and proceed to the Spacewalk Bridge interface. Key steps include selecting assets, approving transactions, sending from Lobstr with required memo, and confirming completion. Reverse bridging from Polkadot to Stellar is also supported. Future integrations include Forex DEX with Nabla and XLM pools on Zenlink. Developed by SatoshiPay, Pendulum aims to link fiat and DeFi.

Mentioned projects
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LobstrApplications
SCF
P2PMobileSoftware Wallet

LOBSTR is a web and mobile wallet that enables users to interact with the Stellar network and its decentralized exchange. It sup…

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SpacewalkFinancial Protocols
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BridgeMulti-Chain

The first bridge to Polkadot: giving Stellar users more access to the DeFi world.

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