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The instructions on this page will guide you through the step-by-step process of teleporting your TRAC tokens between the OriginTrail Parachain and Ethereum networks and vice versa.
After the successful integration of the OriginTrail Decentralized Knowledge Graph (DKG) with the OriginTrail Parachain the teleport interface has been launched in order to allow users to transfer TRAC tokens from Ethereum to OriginTrail Parachain and vice versa. The specific details of the teleport can be found in relevant OriginTrail RFCs:
- Wallet with TRAC tokens on Ethereum or OriginTrail Parachain network that you wish to teleport. Make sure you own the private key of the wallets that hold your TRAC token. Do not use exchange wallets or any other wallet that you do not own the private key to.
- Some amount of ETH or OTP tokens, depending on the teleport direction, on the same wallet where you hold TRAC tokens to pay for the teleport transactions.
- You will need to connect your Ethereum wallet address with an OriginTrail Parachain wallet address using the mapping interface. This will create a mapping between the two addresses and is necessary for the successful transfer of TRAC between the two networks.
- The minimum amount of TRAC tokens for teleport is 1 TRAC.
- Metamask browser extension.
The interface will guide you through the “Get started” process. Please make sure that you read all the instructions provided in order to get fully familiarized with the teleport process.
There are four steps required to transfer TRAC tokens from Ethereum to OriginTrail Parachain network and vice versa.
First out of four required steps for successful teleport is selecting the proper network in Metamask. This should be set based on the desired teleport direction between the two networks.
If you are teleporting TRAC tokens from Ethereum to OriginTrail Parachain, make sure that your selected network in Metamask is “Ethereum mainnet”. If you wish to teleport TRAC tokens from OriginTrail Parachain to Ethereum, select “OriginTrail Parachain mainnet” network. Instructions on how to connect Metamask to OriginTrail Parachain can be found here.
When the desired network in Metamask is selected and recognized by the interface, select the teleport direction and proceed to the next step.
Before proceeding to the next step, make sure that you have selected the proper wallet address with TRAC tokens you wish to teleport.
Choosing teleport direction
When you proceed to this step, the selected wallet address in Metamask should be automatically recognized by the interface and loaded into the required field.
Make sure you double check that the selected wallet is the one you wish to teleport TRAC tokens from as well as if the “Current network” recognized by the interface is the correct one (depending on the desired teleport direction).
Connect wallet address
After making sure that all values are correct, proceed to the next step.
During this step you will have to provide the desired TRAC amount that you wish to teleport from one network to another. The interface will check the TRAC balance on the selected wallet and display it. Enter the TRAC amount into the required input field and initiate the teleport process.
After initiating it Metamask will pop-up and ask you to approve the transaction. By clicking “Approve” you authorize our contract to transfer your TRAC tokens and you will proceed to the final initialization step.
Initiating teleport process
You are allowed to teleport different amounts of TRAC multiple times from the same wallet address.
During the final step of the process you will see the TRAC amount you are about to teleport. If the amount is correct, proceed by clicking the “Confirm teleport” button. After confirming, your Metamask will pop-up and ask you to confirm the teleport finalization. Upon approval, TRAC tokens will be locked on the smart contract on Ethereum or OriginTrail Parachain, depending on the teleport direction.
Deposits are possible until the 10th of each month, closing at 15:00 UTC.
Distributions of TRAC on the destination network will be performed by 15th each month (no more than 5 days after the finalization of deposits).