A Guide to Bridging Your Asset for Bitlayer Mining Gala III

Jasper Vault
4 min readOct 29, 2024

--

This guide will walk you through the steps to bridge your assets to Bitlayer so you can join Jasper Vault’s latest campaign. To maximize rewards, check out our detailed Bitlayer Mining Gala III tutorial. Throughout the campaign, enjoy a 0% service fee when bridging BTC to Bitlayer via Meson.fi and explore the Moonlight Box on Jasper Vault — a feature designed to deliver a fresh, immersive experience in options trading. Before diving into the step-by-step guide, let’s start with a quick overview.

Supported Assets for Bridging

For ARB Network:

  1. WBTC will be bridged as BTC on Bitlayer.
  2. USDC/USDT can be bridged as USDT/USDC on Bitlayer.

For Base Network:

  1. Only USDC can be bridged as USDT/USDC on Bitlayer.

Option Trading on Jasper Vault in Bitlayer:

Trading options on Jasper Vault is simple. You only need to decide between a Call or Put:

  • Choose Call if you believe BTC price will increase.
  • Choose Put if you believe BTC price will decrease.

Payout of Profit:

  • Call Options: Paid out in BTC.
  • Put Options: Paid out in USDT.

Step-by-Step Guide to Bridging Your Assets

Now that you have a clear overview, let’s walk through the steps to bridge your assets:

  • Access the Bridge Page: You can start the process directly from our app page under “Assets”
  • Alternatively, visit Meson.fi to proceed with the bridging process.
  • Navigate to the Meson page.
  • Connect Your Wallet: Make sure your wallet is connected to the network. The “Connect Wallet” can be found in the top-right corner and in the middle of the page.
  • Select the Networks: Choose the source and destination networks. For the source (From), select either Arbitrum or Base. For the destination (To), choose Bitlayer.
  • Choose the Assets: Select the asset you wish to bridge.
  • Enter the Amount: Input the amount of the asset you wish to bridge.
  • Bridge: Approve the amount in your wallet and follow the steps to proceed.
  • Wait for Confirmation: The bridging process may take a few moments to complete.
  • Done! Your assets have now been successfully bridged to Bitlayer and you are ready to trade options on Jasper Vault on Bitlayer.

Bridging Back from Bitlayer

The steps for bridging your assets back from Bitlayer are similar. However, pay close attention to the assets you will receive when bridging back:

  1. BTC on Bitlayer will be bridged back as WBTC on the ARB network.
  2. USDC/USDT can be bridged back as USDT/USDC on ARB.
  3. USDC/USDT will be bridged back as USDC on the Base network.

With this guide, you can easily manage your assets across Arbitrum, Base, and Bitlayer while making the most of Jasper Vault’s Bitlayer campaign. Enjoy seamless bridging with 0% fees for BTC, and happy trading! Once your assets are successfully bridged to Bitlayer, you’re all set for the Jasper Vault Bitlayer Mining Gala III!

--

--

Jasper Vault
Jasper Vault

Written by Jasper Vault

A peer-to-peer interoperable options protocol here to make DeFi options simple, safe and accessible to all.

No responses yet