WELL Transfer

Transfer WELL between Base, Optimism and Moonbeam

The Moonwell app provides a seamless, easy-to-use method for transferring WELL tokens between Base, Optimism and Moonbeam without the need for external bridging sites. This guide outlines the steps required to perform a transfer, ensuring you have the necessary prerequisites and understand the process.

Prerequisites

Before initiating a transfer, ensure that:

  • You hold WELL tokens on either the Base, Optimism or Moonbeam network.

  • Hold a sufficient amount of the source network's gas token to cover the transaction fee.

    • ETH is the gas token on Base and Optimism

    • GLMR is the gas token on Moonbeam

  • You have access to the Moonwell app.

Step 1: Visit Moonwell

  • Navigate to "Transfer".

  • Here, you will be presented with various token metrics and relevant information for the transfer process.

Step 2: Initiating the Transfer

  1. Enter Transfer Details: On the Transfer page, you will find an interface for initiating the transfer. Enter the amount of WELL tokens you wish to transfer. Transfers can be conducted from Base, Optimism or Moonbeam.

  2. Confirm Transfer: Click the "Transfer" button to begin the transfer process.

Step 3: Completing the Transfer

  1. Follow On-Screen Instructions

    • A pop-up window will appear, detailing the steps required to complete the transfer. It is essential to carefully review the transfer amount, understand the gas fee requirement, and then proceed to approve and confirm the transfer.

  2. Transfer Duration

    • Transfers from Base to Optimism or Moonbeam are expected to take approximately 25 minutes.

    • Transfers between Base and Optimism are expected to take approximately 25 minutes.

    • Transfers from Moonbeam to Base or Optimism generally occur within a few minutes.

  3. Confirmation

    • Once the transfer is successfully completed, the WELL tokens will be accessible on the target network. You can verify the transfer by checking your token balance within the Moonwell app.


Support

If you encounter any issues or need assistance during the transfer process, please don't hesitate to reach out to our moderators in the Moonwell Discord.

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