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The Sollet wallet features a built-in bridge to convert ERC20 assets to SPL tokens. These assets were historically used by many Solana dApps as the canonical version of ERC20 wrapped assets onĀ Solana.
Today we are announcing the deprecation plan of Sollet-wrapped assets.
Serum is migrating away from Sollet wrapped assets and Sollet bridge for ERC20Ā tokens.
Withdrawals and deposits of Sollet wrapped assets from FTX will be disabled for SolletĀ tokens.
- Timeline of FTX withdrawals: AprilĀ 30
- Timeline of FTX deposits: Dec 31Ā 2022
- Timeline of deprecating the Sollet bridge (deposits and withdrawals of ERC20 tokens): AprilĀ 30
How to Swap Sollet assets to WormholeĀ assets?
Option 1: Swap from Sollet asset to Wormhole asset on Jupiter if there is enough liquidity.
Option 2:
1. Open Sollet
2. Go to your Sollet asset
3. Click send
4. Click send as native ETH / ERC20 option
5. Send as ERC20 to Ethereum blockchain
6. From Ethereum blockchain, send back to Solana via Wormhole on wormholebridge.com
Sollet also supports non-ERC20 assets such as BTC and HNT. There are no current plans to deprecate theseĀ assets.
For questions and developer support, please feel free to reach out to us at contact@projectserum.com.
Weāre always happy to answer questions or assist you in any way weĀ can.
Serum Discord: https://discord.com/invite/zxPsXcB
Serum Telegram: https://t.me/ProjectSerum
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.