To use POLK with Polkamarkets on Moonbeam, you can bridge your POLK from Ethereum or Moonriver over to Moonbeam using Meter.
Note: To bridge POLK from Moonriver to Moonbeam, follow the steps described below, but connect your wallet to the Moonriver network instead of Ethereum, and choose MOVR instead of ETH.
How to bridge your POLK from Ethereum Mainnet to Moonbeam?
Step 1: Head to https://passport.meter.io/ and connect your wallet
Step 2: Choose Moonbeam as “To” Network
Step 3: Choose Ethereum in the “From” section on top, and POLK as the token, and input the amount you desire to bridge.
Step 4: Click Start Transfer.
Allow meter.io to use your $POLK. You’ll get the following metamask popup — You’ll only need to perform this step once.
Step 5: Confirm the transaction. You’ll get the following screen while the transaction awaits to confirm.
Step 6: After transaction confirmation, the tokens will make their way onto Moonbeam through Meter’s bridge.
The process requires 25 block confirmations for the bridge deposit transaction on the Ethereum side, which may take 6 to 10 minutes. You can read all about it on Meter’s documentation.
Step 7: Configure Moonbeam network on your metamask.
If you haven’t configured the Moonbeam network in your Metamask, please do so by using Moonbeams’ documentation:
Head to https://docs.moonbeam.network/tokens/connect/metamask/ and click “Connect to Moonbeam”. You’ll be prompted with the following Metamask popups:
Step 8: Add POLK as a custom token in your metamask. The token’s address in Moonbeam is the following: 0x8b29344f368b5FA35595325903fE0eAab70C8E1F
Copy and paste the Moonbeam POLK token smart contract address into the Token Contract Address field, as shown above. Click Next.
You’re all set and your POLK is ready to use in Moonbeam 🎉
You’ll be able to bridge your POLK back to Ethereum Mainnet using the same exact process. Just switch the “From” and “To” networks on Meter and repeat the steps above. The same applies with Moonriver, you can bridge your POLK tokens between Moonriver and Moonbeam, at a lower cost than the Ethereum bridge.