In this tutorial, we will delve into the latest updates on the Lambda Chain,including the migration process from $LAMB to $LAMBDA tokens. With the official launch of the Lambda Chain, features such as asset deposits and withdrawals, as well as token swap services, are now fully operational.
Whether you're new to the Lambda Chain or looking to learn how to manage and optimize your assets, this guide will provide you with step-by-step instructions to ensure a smooth token migration and effective use of the oservices available on the Lambda Chain(ChainID:56026). Let's get started with the detailed operational steps.
This tutorial covers:
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A new guide on setting up the Lambda Chain(ChainID:56026) network configuration;
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The migration of the original $LAMB token from Ethereum to the $LAMBDA token;
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The migration of the original $LAMB token from the Lambda Mainnet network (Chain ID: 92000) to the $LAMBDA token on the Lambda Chain (Chain ID: 56026);
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Depositing ETH into the Lambda Chain (Chain ID: 56026) for transaction fees and assets;
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Depositing the $LAMBDA token from the Ethereum network into the Lambda Chain (Chain ID: 56026) as assets.
Now, let's dive into the main content of the tutorial:
1.Asset setup(https://portal.lambda.im/setup )
Firstly, it should be noted that the gas fee for Lambda Mainnet (ChainID: 92000) is $LAMB, but the gas consumption for the Lambda Chain (ChainID: 56026) is ETH. Therefore, if you need to interact on the Lambda Chain, you will need to deposit some ETH there.
1.1 Adding the Lambda Chain to Your Wallet
Lambda Chain Setup
Chain:Lambda Chain Mainnet
ChainId:56026
Currency:ETH
Rpc URL:https://nrpc.lambda.im/
Explorer:https://scan.lambda.im
Go to:https://portal.lambda.im/setup ,and you will see:
Click” +Add Network to Wallet” , your MetaMask wallet may prompt you to add the new Lambda chain.
Alternatively, your MetaMask wallet may remind and lead you to add the new Lambda chain when you attempt to connect.
1.2 Add the $LAMBDA token contract on the Lambda chain
$Lambda Contract
Chain:Lambda Chain Mainnet
$LAMBDA Contract:0x99344442308EDb5Ee0b6cca5e54D1355679357Fa
Go to:https://portal.lambda.im/setup
Switch your wallet to the new Lambda chain,click”Add to Wallet”:
1.3 Add the $LAMBDA token contract on the Ethereum(L1)
$Lambda Contract
Chain:Ethereum
$LAMBDA Contract:0xe701c284ed9de407da905d918d06dd94f0908c3a
Go to:https://portal.lambda.im/setup
Switch your wallet to the Ethereum,click”Add to Wallet”.
2.Asset migration($LAMB to $LAMBDA)
2.1 Migrate from Lambda Mainnet(ChainID:92000)
Go to :https://portal.lambda.im/migrate/lambda
If I migrate my 2,000 $Lamb tokens, we use a 1:1 migration ratio, so you will still see 2,000 tokens displayed on the new chain. I recommend selecting "Max" to migrate all of your tokens.
Then click "Migrate", a wallet confirmation pop-up will appear:
Confirm and you will see your $LAMBDA in your Wallet:
At this point, you will notice that the number is 0.00006 less than the amount migrated. This is the gas fee paid for the migration, which is negligible.
2.2 Migrate from Ethereum(L1)
Go to :https://portal.lambda.im/migrate/ethereum
Enter the amount of $LAMB tokens you wish to migrate from your Ethereum chain, then click "Approve and Migrate" Confirm this action in your wallet.
After the approval is complete, click "Migrate" and confirm the transaction details in your wallet to complete the token migration.
After a few minutes you will see your $LAMBDA in your Wallet:
3.Deposit and Withdraw
3.1 Deposit to Lambda Chain (L1 → L2)
Go to:https://portal.lambda.im/bridge/deposit
Currently, you can deposit ETH or $LAMBDA tokens from Ethereum (L1) to the Lambda Chain.
Click "Deposit"
Your wallet will prompt a confirmation page. After confirming, it may take about 3 minutes for you to find your ETH or $LAMBDA is appear on your Lambda Chain.
3.2 Withdraw from Lambda Chain (L2 → L1)
Go to:https://portal.lambda.im/bridge/withdraw
If you want to withdraw your ETH or $LAMBDA to the Ethereum Layer 1, you need "approve" and then the wallet will prompt you to confirm the gas fee, then click "withdraw".As far,you have completed the token withdrawal, it's as simple for you.
4.Swap and Supply LP
Go to:https://portal.lambda.im/swap/dex
You can now purchase $LAMBDA on Lambda Chain, Ethereum, and Base Chain.
4.1 Purchase $LAMBDA on Lambda Chain
As shown in the Flash Buy Lambda section, you can buy 1,000-100,000 $LAMBDA per order.
For example, if you purchase 10,000 $LAMBDA, the page will indicate that you need to spend 0.0237 ETH. Click "Pay 0.0237 ETH" and confirm the purchase in your Metamask to complete the transaction successfully.
4.2 Purchase $LAMBDA on Ethereum Chain or Base Chain
Ethereum: https://app.uniswap.org/explore/pools/ethereum/0xb136641f180c47e8f370fc513413cd919212318c
Base: https://app.uniswap.org/explore/pools/base/0x37d891077910517256b5E884ffa4E23A111490CE
On these two chains, you can swap and add liquidity.
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