Coinvise supports bridging your tokens to and from Ethereum Main Network (L1) & Polygon (Matic) Network (L2).

Mint a Social Token on Coinvise

Social Token Minting Guide

Deciding between L1 & L2

This isn't necessarily binary, your tokens can exist on different EVM supported chains. Traditional financial systems work in a similar way, there's the fed wire for higher value, more deterministic transactions & apps like Venmo for high volume, more atomic transactions. This doesn't entirely translate to the Ethereum ecosystem but important to understand why L1 & L2 side chains exist.

Key Differences

How to Bridge your Social Token Multichain on L1 & L2

The process of bridging a token is quite straightforward but it can take time, typically about 24hrs once your request is processed. By default (in our new update), tokens minted on Coinvise are automatically verified, however, if it's not, please contact us on discord. But there's good news here:

On our next update, Coinvise will automate this process of bridging tokens, so it's just one-click. This update will likely be announced Aug, 2021.

If you minted your token on L1:

So now that you have your token on Ethereum Main Network, you can "map" or bridge your token to Polygon (L2) Network. This means ~ your token will now have a separate address on Polygon (Matic). It's still the same token but exists on a different chain now, this won't have any effect on your token on Mainnet.

Getting Started

If you minted your token on L2 (Polygon):

So you minted your token on Polygon (Matic) Network, and want to bridge your tokens to Ethereum Mainnet. This process isn't as straightforward, for more detailed documentation, read below.

More detailed info here → https://docs.matic.network/docs/develop/ethereum-matic/mintable-assets