How to Bridge to Kroma

How to Bridge to Kroma 

To transfer assets to Kroma, an onchain gaming-focused layer 2 built on the OP Stack framework, selecting a reliable and efficient bridging platform is key. Orbiter Finance is a top choice, supporting over 10 EVM-compatible chains, including Ethereum and Base. Known for its secure handling of more than $2.1 billion in transactions, Orbiter Finance is highly trusted within the crypto and DeFi communities.

Here are the steps to bridge assets to Kroma using Orbiter Finance:

1. Go to Orbiter Finance and connect your wallet (supports MetaMask, Rainbow, Wallet Connect).
2. Choose your starting network (Ethereum, Arbitrum, etc.) and set Kroma as your target.
3. Specify the type and amount of assets you wish to transfer.
4. Click 'Bridge' and follow the prompts from your wallet to complete the transaction.

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Kroma Bridge Fee

When bridging assets to Kroma via Orbiter Finance, it's essential to be aware of the applicable fees. Orbiter Finance charges a 0.1% transaction fee, which is competitive compared to the average market rate of 0.2% found on platforms like Stargate Finance and Synapse.

Beyond the transaction fee, there are also gas fees to consider. These fees can fluctuate based on network congestion and the complexity of the transaction. Since Kroma is built on the low-cost layer 2 framework of Optimism, the gas costs often fall below 1 cent, making transfers to Kroma capital efficient.

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How Does Bridging Work?

Transferring assets to Kroma from networks like Ethereum involves a secure, technical process underpinned by smart contracts. Here’s a clear breakdown of how bridging to Kroma works:

• Choosing a Bridge: Initiate by picking a crypto bridge such as Orbiter Finance that supports interoperability between your starting network (e.g., Arbitrum) and Kroma, facilitating an effective asset transfer.
• Asset Security on the Starting Network: At the beginning of the transfer, your assets are secured in a smart contract on the originating network, ensuring they are protected throughout the bridging process.
• Token Issuance on Kroma: Kroma issues an equivalent amount of tokens, allowing for seamless access to your assets on its network.
• Security Checks: A vital step involves verification by validators or relayers who ensure the assets are securely locked on the originating network and accurately issued on Kroma.
• Reversing the Transfer: If necessary, assets can be sent back to the original network using similar procedures at comparable costs.

This methodical bridging approach not only secures asset transfer but also improves interaction with Kroma, taking advantage of its efficient Layer 2 solutions built on the Optimism framework.

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What is Kroma?

Kroma is a Layer 2 solution engineered to amplify the gaming experience on Ethereum, utilizing Optimism's low-cost framework to foster a more inclusive and dynamic blockchain environment. Designed to support a plethora of games such as MMORPGs, RPGs, simulations, FPS, and casual games, Kroma aims to spearhead mass adoption in blockchain gaming. With features like low transaction fees and fast finality times, Kroma offers a pragmatic, adaptive, and user-friendly platform.

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Closing Thoughts

In conclusion, Orbiter Finance earns our distinction as the best bridge for transferring assets to Kroma, ensuring seamless, secure transactions with its extensive support for 17 EVM-compatible blockchains. With competitive fees and a strong track record of over $2.1 billion in managed transactions, Orbiter Finance stands as a reliable and economical gateway to Kroma’s onchain gaming-focused layer 2.