MultiversX Tracker is Live!

Why is wrapping of ETH necessary? (Noob alert)

Etherum Reddit

More / Etherum Reddit 83 Views

(edit: title is not accurate tbh, I'm talking about bridged ETH [gas token on L2], not wrapped ETH. Always thought this is a synonym)

Sorry for the stupid questions. Every time I use L2s I think it's too expensive and too complicated.

Transfer fees are a few cents? Great! But here's $3 in bridging fees, bitch! Bridging a token? Yeah, you better wrap up $7 of ETH, otherwise you won't be able to move the token and get your ETH back. Same with MATIC on Polygon. I can't always buy $5 L2 tokens to move a few dollars.

Would be better if L2s used the native token for gas, don't know why it has to be like this. Can anyone explain? Ty and Merry Christmas to all!

submitted by /u/TwoCapybarasInACoat
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments