Swap TRVL from BEP20 to ERC20 at a 1:1 rate with the ChangeNow Token Bridge
Swap TRVL from BEP20 to ERC20 at a 1:1 rate with the ChangeNow Token Bridge
We're excited to announce our partnership with ChangeNow, introducing a new way for BEP20 TRVL token holders to bridge their assets to Ethereum Mainnet.
How Does the ChangeNow TRVL Bridge Work?
For those holding TRVL tokens on the Binance Smart Chain (BEP20), and looking to bridge to the Ethereum Mainnet (ERC20), ChangeNow presents a seamless and efficient solution. This bridge allows users to convert their TRVL BEP20 tokens to TRVL ERC20 tokens at a 1:1 rate:
TRVL Token Bridge: Swap TRVL
Guide on how to use the ChangeNow TRVL Bridge:
- Enter Your Ethereum Wallet Address: Start by providing the receiving wallet address where you'd like to receive your TRVL ERC20 tokens. This should be an Ethereum (ERC20) wallet address.
- Check the Rate and Fees: Before proceeding, you'll be able to review the conversion rate and the applicable transaction fees. Remember, transaction fees are paid by you (the user).
- Confirm and Deposit: Once you've reviewed the details, confirm the transaction, and deposit your TRVL BEP20 tokens. Congrats, you've successfully bridged to TRVL ERC20!
TRVL Token Bridge: Swap TRVL
Reminder: It's important to note that there are limits to the amount you can bridge in a single transaction – a minimum of 250 and a maximum of 500,000 TRVL BEP20 tokens per swap. Transaction fees are paid by the user so please check the transaction fees before confirming.
What is the TRVL token?
Dtravel is a peer-to-peer vacation rental ecosystem built on the Nite Protocol and powered by its native token, TRVL. The TRVL token functions as an incentive to accelerate Dtravel’s growth, while enhancing the experience of holders inside the ecosystem.
Why Swap from BEP20 to ERC-20 with ChangeNow?
The need for a reliable bridge became evident after the unfortunate security breach of Multichain, a cross-chain bridge protocol on July 6, 2023, which affected 1000+ projects who were using the bridge. This has left TRVL BEP20 holders in search of a safe pathway back to ERC20. Dtravel and ChangeNow have partnered together to offer a secure, one-way bridge to facilitate this transition, offering peace of mind and continuity for TRVL token holders.
Is TRVL Moving Away from Binance Smart Chain?
While the incident has prompted the provision of alternative solutions like ChangeNow, it does not signify a shift away from Binance Smart Chain. The BEP20 tokens remain a viable option within the Dtravel ecosystem, ensuring users have the flexibility to choose the network that best suits their needs.
What Networks Will TRVL Be Available On?
Looking ahead, the Dtravel team is committed to expanding TRVL's availability across various networks. This multi-network approach not only enhances accessibility but also underscores Dtravel's dedication to fostering a more inclusive and interoperable travel ecosystem.
Summary
The introduction of the ChangeNow TRVL Bridge offers a secure and user-friendly solution for token holders looking to move their TRVL from the Binance Smart Chain to Ethereum Mainnet. As Dtravel continues to innovate and expand its ecosystem, such initiatives are pivotal in ensuring the community remains robust, connected, and ready for the future of travel.
Learn more about TRVL and how it powers Dtravel’s peer-to-peer vacation rental ecosystem here.