Y00ts has announced that it has finally launched the bridge from Polygon to Ethereum. Users have until October 22, 2023 to complete the migration process. Due to crowds it may take an hour. Therefore, users may want to be quick in starting the migration process. Y00ts covers gas costs for the first day. Additionally, users who complete the migration process in the first 24 hours stand a chance to win y00ts. The team has said it will randomly distribute 10 y00ts across wallets.
Anyone who migrates their y00ts after the deadline, which is October 22, 2023, will face a 33.3% royalty fee on Polygon. It’s called the Paper Hand Bridge Tax.
Wormhole’s cross-chain NFT standard powers the migration process. The link to the bridge is available on Phantom Shortcuts. Y00ts only need to be kept in the wallet; they may not be staked on ETH. Y00ts is expected to announce more updates in the coming days.
As for the process, it involves the validation of bridge transactions on Polygon. This will only happen after it has established itself on the Ethereum Mainnet. Users can mint NFTs after completing the migration process.
The community has responded with mixed reactions. Some of them are hoping for a smooth process, while others have expressed confidence and say there should not be any problem. Many members have appreciated Y00ts’ efforts to implement the update in just one week without any delay.
Y00ts has launched Polygon’s bridge to Ethereum, covering day one gas costs. Users have until October 22, 2023 to complete the migration process. After the deadline, a 33.3% royalty fee will be applied. Users can win y00ts if they complete the migration within the first 24 hours.
