3. Bridging & Buying $MAGIC

Created
July 30, 2022 08:28 AM
Tags
CHECKLIST
✅ Wallet connected to Arbitrum
✅ Have $ETH on Mainnet
 
Introduction
$MAGIC is not just the currency of the Treasure-verse but also its building blocks. You need it to explore the ecosystem.
Let’s get a deep dive into the tale of this world through a step-by-step guide on how to buy $MAGIC and let the magic happen to your life.
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This guide assumes that you have Ethereum on your main-net wallet. For a guide on how to buy Ethereum and getting it to your Mainnet wallet, refer HERE
·         Do not buy $MAGIC on Ethereum Mainnet
·         Skip to Step #3 for those who have already bridged onto Arbitrum
For an alternative Bridging guide, refer HERE
 
STEP#1 GETTING ARBITRUM ON METAMASK
Getting Arbitrum on MetaMask is simple and is same as adding any other EVM blockchains. All you need to do is enter the network details on Custom RPC addition feature on your MetaMask.
Here are the steps:
1. Open MetaMask extension and drop down the “Ethereum Mainnet” at the top right corner.
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2. This opens networks where you can choose different EVM blockchain or you can add a new custom EVM (Ethereum virtual machine) network of your choice.
3. Click on the Add a Network and enter the following details to add Arbitrum One network.
NETWORK NAME: Arb1
CHAIN ID: 42161
CURRENCY SYMBOL: ETH
BLOCK EXPLORER URLhttps://arbiscan.io
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Voila! Now that you’ve connected the Arbitrum network to your MetaMask, you can start to bridge your ETH over.
 
STEP#2: SENDING FUNDS OVER ARBITRUM BRIDGE
1. Now head over to Arbitrum Bridge (https://bridge.arbitrum.io/). Upon visiting this site your MetaMask extension will automatically open up. Choose the account where you have ETH and then connect your wallet. Make sure you are connected to Ethereum Mainnet.
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2. Once connected the Arbitrum One bridge automatically fetches your ETH and token balance on the Ethereum Mainnet. It’ll display as Layer 1 balance which is on Ethereum Mainnet and Layer 2 balance which is on Arbitrum L2. Now select the asset ETH that want to bridge over. Next input the amount of ETH or token that you want to transfer over to L2 and then click deposit to make a transfer.
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3. Now follow the prompts on MetaMask. Authorize the transaction on your MetaMask wallet and wait for the transaction to be confirmed on the blockchain. It should not take more than 10 minutes.
Congratulations! Your funds have been moved from Ethereum Mainnet over to the Arbitrum One network. Make sure to switch your MetaMask network to Arb1 to see your funds.
 
STEP#3: BUYING $MAGIC FROM SUSHISWAP
Now that you’ve moved the funds over to the Arbitrum network you can start browsing Sushiswap and buy $MAGIC tokens.
1. Go to https://app.sushi.com/ and switch to the Arbitrum network by selecting the network tab in the top right corner and selecting the Arbitrum network.
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2. If this is the first time interacting with Arbitrum it will ask you to add the Arbitrum network to your MetaMask. Swap from the currencies and ensure the top row is $ETH while the bottom row is $MAGIC. Next, enter the amount of $ETH you want to swap for $MAGIC before validating the transaction.
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3. If $MAGIC tokens are not in your token list, then add the contract address as a custom token. To do that, click on the “Manage token Lists”.
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4. After that, paste the $MAGIC contract address (0x539bde0d7dbd336b79148aa742883198bbf60342) in Tokens Tab, and the token name along with the Logo will appear automatically.
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5. Now click on Import and you’re good to buy $MAGIC using ETH Layer 2.
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CONGRATULATIONS! WITH THAT, YOU HAVE TAKE THE FIRST STEP INTO THE TREASURE-VERSE 🥳🥳
Gas fees on Arbitrum are also significantly lower than Ethereum! The next step would be to check out the Trove Marketplace (https://trove.treasure.lol/) and our guide on using it! 4. Using Trove Marketplace
 
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Disclaimer: None of this if financial advice and are for educational purposes only.