WELL Bridging
Bridge WELL between Base and Moonbeam
The WELL token on Base is an asset that has been wrapped and bridged through Wormhole. Wormhole allows for seamless interoperability between different blockchains, including Base and Moonbeam.
WELL token holders on Base who wish to participate in Moonwell Governance must bridge their WELL tokens from Base to Moonbeam. Bridging is necessary as governance for the Base deployment of Moonwell takes place on Moonbeam.
Similarly, users who wish to stake their WELL tokens in the Safety Module must also bridge from Base to Moonbeam. The Safety Module is deployed on Moonbeam.
Video Tutorial: Bridging WELL from Base to Moonbeam
Follow these steps to bridge your tokens from Base to Moonbeam:
Start by navigating to the Wormhole Portal Bridge. You can find this by visiting Wormhole Portal Bridge.
Select "Source" as Base and "Target" as Moonbeam. Once the source and target chains are accurately defined, proceed to connect your wallet by clicking on "CONNECT."
After your wallet is connected and the source and target chains are set, select "SELECT A TOKEN". From the list of available tokens, select WELL. If the token does not auto-populate in the token list, you will need to manually add the token by entering the token address.
Moonwell (WELL) Base token address:
0xff8adec2221f9f4d8dfbafa6b9a297d17603493d
Specify the amount of WELL tokens you want to bridge from Base to Moonbeam. After entering the desired token amount, click "NEXT" to proceed.
You will be prompted to switch networks within your wallet from Base to Moonbeam. Once you've completed the necessary switch, click "NEXT" again to continue.
At this stage, you will now be prompted to change your wallet's network back to Base. Then, click "APPROVE (number of tokens) TOKENS", and confirm the transaction in your wallet.
After approving the tokens for transfer, commence the transfer by clicking "TRANSFER" and confirm the transaction in your wallet.
Allow some time for the transfer to complete.
When the transfer is complete you will be prompted to change the network from Base to Moonbeam. Then, click "REDEEM" to receive your tokens on the target chain, Moonbeam.
To verify the receipt of your tokens on Moonbeam, you can visit Moonscan and check the token balance in your wallet.
Video Tutorial: Bridging WELL from Moonbeam to Base
Follow these steps to bridge your tokens from Moonbeam to Base:
Start by navigating to the Wormhole Portal Bridge. You can find this by visiting Wormhole Portal Bridge.
Select "Source" as Moonbeam and "Target" as Base. Once the source and target chains are accurately defined, proceed to connect your wallet by clicking on "CONNECT."
After your wallet is connected and the source and target chains are set, select "SELECT A TOKEN". From the list of available tokens, select WELL. If the token does not auto-populate in the token list, you will need to manually add the token by entering the token address.
Moonwell (WELL) Moonbeam token address: 0x511aB53F793683763E5a8829738301368a2411E3
Specify the amount of WELL tokens you want to bridge from Moonbeam to Base. After entering the desired token amount, click "NEXT" to proceed.
You will be prompted to switch networks within your wallet from Moonbeam to Base. Once you've completed the necessary switch, click "NEXT" again to continue.
At this stage, you will now be prompted to change your wallet's network back to Moonbeam. Then, click "APPROVE (number of tokens) TOKENS", and confirm the transaction in your wallet.
After approving the tokens for transfer, commence the transfer by clicking "TRANSFER" and confirm the transaction in your wallet.
Allow some time for the transfer to complete.
When the transfer is complete you will be prompted to change the network from Moonbeam to Base. Then, click "REDEEM" to receive your tokens on the target chain, Base.
To verify the receipt of your tokens on Base, you can visit Basescan and check the token balance in your wallet.
Last modified 25d ago