𝗕𝗿𝗶𝗱𝗴𝗲𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗦𝗹𝟴 𝗪𝗮𝗹𝗹𝗲𝘁: 𝘀𝗴 𝗧𝗼𝗸𝗲𝗻𝘀 𝗮𝗻𝗱 𝗛𝗼𝘄 𝘁𝗼 𝗨𝘀𝗲 𝗧𝗵𝗲𝗺. 𝗣𝗮𝗿𝘁 𝟭 Across two posts, we’ll explain the bridges built into our wallet and how you can use them. In this first part, we’ll cover how sg tokens work, how to fund your wallet from different networks, stake your funds, and withdraw them. As you may have already heard, we’ve added 𝗦𝘁𝗮𝗿 𝗚𝗮𝘁𝗲 𝗕𝗿𝗶𝗱𝗴𝗲 to the Sl8 wallet - a feature for depositing and withdrawing cryptocurrencies across different blockchains. You can now deposit a supported asset, use it for staking, and then withdraw it to an external wallet. For example, if you hold $XRP and want to keep holding that asset, you don’t need to sell it for $USDT or $USDC before participating in staking on Sl8. You deposit $XRP through XRP Ledger, receive sgXRP in our wallet, and choose a suitable staking period. Let’s walk through how it works. 𝗪𝗵𝗮𝘁 𝗔𝗿𝗲 𝘀𝗴 𝗧𝗼𝗸𝗲𝗻𝘀? Our wallet operates on the Stellar network. When you use the wallet’s 𝗦𝘁𝗮𝗿 𝗚𝗮𝘁𝗲 𝗕𝗿𝗶𝗱𝗴𝗲 feature to deposit cryptocurrency, we credit the corresponding token with the sg prefix. It represents the underlying asset within Sl8. 𝗘𝗮𝗰𝗵 𝘀𝗴 𝘁𝗼𝗸𝗲𝗻 𝗶𝘀 𝗯𝗮𝗰𝗸𝗲𝗱 𝟭:𝟭 𝗯𝘆 𝗶𝘁𝘀 𝗰𝗼𝗿𝗿𝗲𝘀𝗽𝗼𝗻𝗱𝗶𝗻𝗴 𝗰𝗿𝘆𝗽𝘁𝗼𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝘆. For example, each sgXRP is backed by one $XRP. When you withdraw through a selected route, you receive the underlying cryptocurrency, with the transaction fee taken into account. This ratio refers to the number of tokens. The dollar value of market-priced assets continues to fluctuate: when the price of $XRP changes, the dollar value of sgXRP changes as well. Currently, sg tokens support 𝗱𝗲𝗽𝗼𝘀𝗶𝘁𝘀, 𝘀𝘁𝗮𝗸𝗶𝗻𝗴, 𝘁𝗿𝗮𝗻𝘀𝗳𝗲𝗿𝘀, 𝗮𝗻𝗱 𝘄𝗶𝘁𝗵𝗱𝗿𝗮𝘄𝗮𝗹𝘀. Exchanging them for other assets, trading, and using them to pay for platform features are currently under development. 𝗪𝗵𝗶𝗰𝗵 𝗔𝘀𝘀𝗲𝘁𝘀 𝗖𝗮𝗻 𝗬𝗼𝘂 𝗗𝗲𝗽𝗼𝘀𝗶𝘁? 𝗧𝗵𝗲 𝘄𝗮𝗹𝗹𝗲𝘁 𝘀𝘂𝗽𝗽𝗼𝗿𝘁𝘀 𝟭𝟬 𝘀𝗴 𝗮𝘀𝘀𝗲𝘁𝘀: • sgXRP - $XRP: via XRP Ledger. • sgRLUSD - $RLUSD: via XRP Ledger. • sgSOL - $SOL: via Solana. • sgTRX - $TRX: via TRON. • sgUSDT - $USDT: via Avalanche C-Chain, Ethereum, Solana, TON using the Jetton standard, and TRON using the TRC-20 standard. • sgBNB - $BNB: via BNB Chain. • sgPOL - $POL: via Polygon. • sgETH - $ETH: via Ethereum and Optimism. • sgTON - $TON ($Gram): via the TON network. • sgAVAX - $AVAX: via Avalanche C-Chain. Deposits of $USDC 𝘄𝗶𝘁𝗵𝗼𝘂𝘁 𝘁𝗵𝗲 𝘀𝗴 𝗽𝗿𝗲𝗳𝗶𝘅 are also available ($USDC deposits are currently supported via Arc, Avalanche C-Chain, Base, Ethereum, Optimism, Polygon, and Solana). We’ll explain how to use it within the platform in detail in the next post. 𝗛𝗼𝘄 𝘁𝗼 𝗙𝘂𝗻𝗱 𝗬𝗼𝘂𝗿 𝗪𝗮𝗹𝗹𝗲𝘁 Open the Sl8 wallet, select 𝗧𝗼𝗽𝘂𝗽 to add funds, and go to 𝗚𝗮𝘁𝗲 𝗮𝘀𝘀𝗲𝘁𝘀. Choose the sg token corresponding to the cryptocurrency you want to deposit. Next, select the sending network. 𝗜𝘁 𝗺𝘂𝘀𝘁 𝗺𝗮𝘁𝗰𝗵 𝘁𝗵𝗲 𝗻𝗲𝘁𝘄𝗼𝗿𝗸 𝘀𝗲𝗹𝗲𝗰𝘁𝗲𝗱 𝗶𝗻 𝘆𝗼𝘂𝗿 𝗲𝘅𝘁𝗲𝗿𝗻𝗮𝗹 𝘄𝗮𝗹𝗹𝗲𝘁 𝗼𝗿 𝗼𝗻 𝘁𝗵𝗲 𝗲𝘅𝗰𝗵𝗮𝗻𝗴𝗲. For example, to deposit $USDT through TRON, choose the TRON route marked TRC-20. We’ll display the deposit address, QR code, current limits, and any required additional details. 𝗜𝗳 𝗮 𝗠𝗘𝗠𝗢, 𝗰𝗼𝗺𝗺𝗲𝗻𝘁, 𝗼𝗿 𝗗𝗲𝘀𝘁𝗶𝗻𝗮𝘁𝗶𝗼𝗻 𝗧𝗮𝗴 𝗶𝘀 𝗺𝗮𝗿𝗸𝗲𝗱 𝗮𝘀 𝗿𝗲𝗾𝘂𝗶𝗿𝗲𝗱, 𝗶𝗻𝗰𝗹𝘂𝗱𝗲 𝗶𝘁 𝗮𝗹𝗼𝗻𝗴 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗮𝗱𝗱𝗿𝗲𝘀𝘀. This code identifies the recipient when an address is shared by multiple users. The field name depends on the network and the sending service. After scanning the QR code, check the additional field separately: the app may fill in only the address. If the sending service does not support the required code, use another sending method or another available route. 𝗔𝗹𝘀𝗼 𝗰𝗵𝗲𝗰𝗸 𝘁𝗵𝗲 𝗺𝗶𝗻𝗶𝗺𝘂𝗺 𝗮𝗻𝗱 𝗺𝗮𝘅𝗶𝗺𝘂𝗺 𝗱𝗲𝗽𝗼𝘀𝗶𝘁 𝗮𝗺𝗼𝘂𝗻𝘁𝘀. Limits vary and may be updated, so check the current values for your selected route. If the sender deducts a fee from the transfer amount, account for the number of tokens that will actually arrive at the address. 𝗧𝗿𝗮𝗻𝘀𝗳𝗲𝗿𝘀 𝗯𝗲𝗹𝗼𝘄 𝘁𝗵𝗲 𝗺𝗶𝗻𝗶𝗺𝘂𝗺, 𝗺𝗶𝘀𝘀𝗶𝗻𝗴 𝗮 𝗿𝗲𝗾𝘂𝗶𝗿𝗲𝗱 𝗶𝗱𝗲𝗻𝘁𝗶𝗳𝗶𝗲𝗿, 𝗼𝗿 𝗰𝗼𝗻𝘁𝗮𝗶𝗻𝗶𝗻𝗴 𝗮𝗻 𝗶𝗻𝗰𝗼𝗿𝗿𝗲𝗰𝘁 𝗶𝗱𝗲𝗻𝘁𝗶𝗳𝗶𝗲𝗿 𝗮𝗿𝗲 𝗻𝗼𝘁 𝗰𝗿𝗲𝗱𝗶𝘁𝗲𝗱 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗰𝗮𝗹𝗹𝘆 𝗮𝗻𝗱 𝗿𝗲𝗾𝘂𝗶𝗿𝗲 𝗰𝗼𝗻𝘁𝗮𝗰𝘁𝗶𝗻𝗴 𝘀𝘂𝗽𝗽𝗼𝗿𝘁. Send 𝘁𝗵𝗲 𝘂𝗻𝗱𝗲𝗿𝗹𝘆𝗶𝗻𝗴 𝗰𝗿𝘆𝗽𝘁𝗼𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗼𝗻 𝘁𝗵𝗲 𝘀𝗲𝗹𝗲𝗰𝘁𝗲𝗱 𝗻𝗲𝘁𝘄𝗼𝗿𝗸 from your external wallet. Before confirming, check the asset, network, address, additional code, and amount. Once the transfer has been processed, we’ll credit the corresponding sg token to your balance. You can check the deposit status using 𝗧𝗿𝗮𝗰𝗸 𝘁𝗵𝗶𝘀 𝗱𝗲𝗽𝗼𝘀𝗶𝘁 and your transaction history. 𝗛𝗼𝘄 𝘁𝗼 𝗦𝘁𝗮𝗸𝗲 𝗬𝗼𝘂𝗿 𝗙𝘂𝗻𝗱𝘀 Once the deposit has been credited, open the relevant sg token in your asset list and select 𝗦𝘁𝗮𝗸𝗲. 𝗧𝗵𝗲 𝗺𝗶𝗻𝗶𝗺𝘂𝗺 𝘀𝘁𝗮𝗸𝗶𝗻𝗴 𝗮𝗺𝗼𝘂𝗻𝘁 𝗶𝘀 𝘁𝗵𝗲 𝗲𝗾𝘂𝗶𝘃𝗮𝗹𝗲𝗻𝘁 𝗼𝗳 $𝟭𝟬𝟬 𝗶𝗻 𝘁𝗵𝗲 𝘀𝗲𝗹𝗲𝗰𝘁𝗲𝗱 𝗮𝘀𝘀𝗲𝘁. This threshold differs from the minimum deposit: you may be allowed to deposit a smaller amount into your wallet, but it will not be enough for staking. Choose a staking period: • 𝟯𝟬 𝗱𝗮𝘆𝘀 • 𝟵𝟬 𝗱𝗮𝘆𝘀 • 𝟭𝟴𝟬 𝗱𝗮𝘆𝘀 • 𝟯𝟲𝟬 𝗱𝗮𝘆𝘀 The plan displays the 𝗔𝗣𝗬 and the estimated reward at the end of the term. 𝗔𝗣𝗬 stands for annual percentage yield. It does not mean you receive the full annual percentage over one month or another selected period. To estimate your result, refer to the calculation shown in the plan. 𝗧𝗵𝗲 𝗿𝗮𝘁𝗲 𝗶𝘀 𝗳𝗶𝘅𝗲𝗱 𝘄𝗵𝗲𝗻 𝘆𝗼𝘂 𝘀𝘁𝗮𝗸𝗲, 𝗮𝗻𝗱 𝗿𝗲𝘄𝗮𝗿𝗱𝘀 𝗮𝗰𝗰𝗿𝘂𝗲 𝗶𝗻 𝘁𝗵𝗲 𝘀𝗮𝗺𝗲 𝗮𝘀𝘀𝗲𝘁. For example, staking sgXRP earns sgXRP, while staking sgUSDT earns sgUSDT. This principle applies to all the sg tokens listed above. 𝗘𝗮𝗿𝗹𝘆 𝘂𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝗶𝘀 𝗻𝗼𝘁 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲. Staked funds cannot be transferred or withdrawn before the plan ends, so choose your amount and term according to your needs. When the plan ends without renewal, we’ll return the staked tokens to your wallet and credit the reward. You can then use them within the available functionality. If you want to use 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗰 𝗿𝗲𝗻𝗲𝘄𝗮𝗹, enable the corresponding setting. Restaking is activated only if you choose it. Before confirming, check the term, reward calculation, and renewal setting. Information about your active plan is available in the 𝗦𝘁𝗮𝗸𝗶𝗻𝗴 section. For market-priced assets, the dollar value of both the staked amount and the reward may change even when the 𝗔𝗣𝗬 is fixed. 𝗛𝗼𝘄 𝘁𝗼 𝗧𝗿𝗮𝗻𝘀𝗳𝗲𝗿 𝗧𝗼𝗸𝗲𝗻𝘀 𝗼𝗿 𝗪𝗶𝘁𝗵𝗱𝗿𝗮𝘄 𝘁𝗵𝗲 𝗨𝗻𝗱𝗲𝗿𝗹𝘆𝗶𝗻𝗴 𝗖𝗿𝘆𝗽𝘁𝗼𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝘆 It’s important to choose the right operation. With a regular transfer on the Stellar network, the recipient receives 𝘁𝗵𝗲 𝘀𝗮𝗺𝗲 𝘀𝗴 𝘁𝗼𝗸𝗲𝗻. Their wallet must support the corresponding asset. To receive the underlying cryptocurrency on an external network, use 𝗪𝗶𝘁𝗵𝗱𝗿𝗮𝘄. For example, to receive $XRP on XRP Ledger, withdraw sgXRP using this feature. 𝗪𝗶𝘁𝗵𝗱𝗿𝗮𝘄𝗮𝗹 𝗦𝘁𝗲𝗽𝘀: Open the relevant sg token and select 𝗪𝗶𝘁𝗵𝗱𝗿𝗮𝘄. Choose an available receiving network. Paste the recipient’s address and add a 𝗠𝗘𝗠𝗢, comment, or Tag if required. Select 𝗡𝗲𝘅𝘁, enter the amount, and review the fee and limits. Review the final details and confirm the withdrawal by selecting 𝗖𝗼𝗻𝗳𝗶𝗿𝗺 𝘄𝗶𝘁𝗵𝗱𝗿𝗮𝘄𝗮𝗹. When sending to an exchange, use the details from its deposit section for the underlying cryptocurrency on the selected network. Use the recipient’s address and additional code, rather than the details we provided for funding your Sl8 wallet. 𝗙𝗲𝗲𝘀 𝗮𝗻𝗱 𝗹𝗶𝗺𝗶𝘁𝘀 𝗱𝗲𝗽𝗲𝗻𝗱 𝗼𝗻 𝘁𝗵𝗲 𝗮𝘀𝘀𝗲𝘁 𝗮𝗻𝗱 𝗿𝗼𝘂𝘁𝗲. Before confirmation, the wallet will display the recipient’s details, the total amount to be deducted, and the number of tokens to be received. If you notice an error, return to the previous step and correct it. Arrival time depends on transaction processing, the destination network, and the receiving service’s rules. When sending to an exchange, crediting also depends on the number of confirmations it requires. 𝗪𝗵𝗶𝗰𝗵 𝗥𝗼𝘂𝘁𝗲𝘀 𝗔𝗿𝗲 𝗖𝗼𝗺𝗶𝗻𝗴 𝗡𝗲𝘅𝘁? We’re continuing to expand the available options: • We’re working on Polygon support for sgUSDT and $USDT. • We plan to add Arbitrum and Base for sgETH and $ETH. • We’re preparing new assets: sgBTC 𝗳𝗼𝗿 $BTC 𝗮𝗻𝗱 sgHYPE 𝗳𝗼𝗿 $HYPE. 𝗧𝗵𝗲𝘀𝗲 𝗿𝗼𝘂𝘁𝗲𝘀 𝗮𝗿𝗲 𝗻𝗼𝘁 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝘆𝗲𝘁. We’ll announce their launch and terms of use separately. 𝗜𝗳 𝗬𝗼𝘂 𝗡𝗲𝗲𝗱 𝗛𝗲𝗹𝗽 If you have questions about funding your wallet, staking, transfers, or withdrawals, contact our support team. We’ll help you understand the issue and explain the next steps. You can contact us directly in the Sl8 app: open 𝗦𝗲𝘁𝘁𝗶𝗻𝗴𝘀 and select 𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝘀𝘂𝗽𝗽𝗼𝗿𝘁. You can also reach out through our Telegram group, 𝗦𝗹𝟴 𝗦𝘂𝗽𝗽𝗼𝗿𝘁 t.me/Sl8_Support . If your question concerns a transfer, specify the asset you sent, the network you used, and the amount. Include the 𝘁𝗿𝗮𝗻𝘀𝗮𝗰𝘁𝗶𝗼𝗻 𝗶𝗱𝗲𝗻𝘁𝗶𝗳𝗶𝗲𝗿 - 𝗧𝘅𝗜𝗗, 𝗼𝗿 𝗵𝗮𝘀𝗵. This is the unique code for the transfer, which you can find in the transaction details in the sending wallet or exchange. These details will allow us to locate the transaction and check its status.