Solana - How to transform your ERC20 CAPS (ETH) into wCAPS (Solana) ?

With the arrival of CAPS on the Raydium platform, the Ternoa project is taking its first steps within the Solana blockchain. In this tutorial, we will see how to transform its ERC20 CAPS into wCAPS, necessary to interact with the ecosystem.

To start with, and if you've never stepped into the Solana universe, you'll need a wallet capable of interacting with it. In this tutorial, we have chosen to use Phantom, a very easy to use crypto wallet: https://phantom.app/. Beware, a mobile application Phantom is available on the App Store and the Play Store: it is a scam. 

After creating your wallet and adding the extension on your browser, we will be able to move on to the real thing: transform your ERC 20 CAPS into wCAPS. To do this, the process is simple: start by going to the bridge, then :

1. Select the Ethereum source
2. Connect your ERC20 wallet (in our tutorial, we used Metamask)
3. Select CAPS in Token Account
4. Then choose the quantity you want to transform

For the rest, you just have to press the Next button, select and connect your Solana wallet, approve the transaction on the bridge and then on your ERC20 wallet. After a few seconds of waiting, you will be able to click on the Redeem button, then approve the transactions on your Solana wallet to validate the arrival of your wCAPS.

Any problem during the process? Contact us at this address. 

Video tutorial