How to Bridge to zkSync

How to Bridge to zkSync

To move assets to zkSync, a zk-rollup Layer 2 solution on Ethereum, it's essential to choose a bridge that works well with zkSync's architecture. Rhino.fi, known for handling more than $2.9 billion in transactions, supports 17+ EVM-compatible networks, including Ethereum, Arbitrum and Base, making it a trusted name in the onchain economy.

Here’s how to transfer assets to zkSync using Rhino.fi:

1. Visit Rhino.fi and link your cryptocurrency wallet (compatible with MetaMask, Rainbow, Wallet Connect).
2. Select your originating network (like Ethereum, OKX) and choose zkSync as your destination.
3. Specify the type and amount of asset you want to transfer.
4. Click 'Bridge' and follow the instructions provided by your wallet to complete the process.

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zkSync Bridging Fees

When moving assets to zkSync via Rhino.fi, understanding the fees involved is crucial. Rhino.fi charges a 0.12% transaction fee, which is lower than the common 0.2% seen on other platforms such as Stargate Finance and Synapse.

Additionally, gas fees affect the total cost. These fees vary depending on network traffic and the complexity of the transaction. Since zkSync operates on a zk-rollup Layer 2 network, gas fees are generally much lower, often under 1% of the costs on Ethereum, making transfers both efficient and economical.

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How Does Bridging Work?

Transferring assets from networks like Ethereum to zkSync involves a precise technical procedure. Here’s a clear breakdown of how asset bridging to zkSync functions:

• Choosing a Bridge: Start by selecting a cryptocurrency bridge such as Rhino.fi that supports interoperability with your initial blockchain (e.g., Ethereum) and zkSync, facilitating a smooth transfer.
• Asset Security on the Initial Chain: Upon initiating the transfer, your assets are secured in a smart contract on the original blockchain, like Ethereum. This step ensures your assets remain protected during the transfer.
• Token Issuance on zkSync: In response, zkSync issues an equivalent amount of tokens. This ensures you can continue to access and use your assets on the new network.
• Security Checks: An essential aspect of this process is the verification by validators who confirm that the original assets are securely held and properly oversee the issuance of tokens on zkSync.
• Reversing the Transfer: If necessary, you can revert the asset transfer back to the original blockchain following the same steps, at similar costs.

This systematic bridging method not only secures asset transfers but also enhances engagement with zkSync, leveraging its zk-rollup technology and EVM compatibility.

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About zkSync

zkSync is a Layer-2 scaling solution for Ethereum that uses zero-knowledge proofs to increase transaction capabilities while maintaining Ethereum's core values like decentralization and security. Its goal is hyperscalability, aiming to process unlimited transactions without affecting security or cost. The platform is a response to growing demands for Ethereum to scale effectively and securely as part of web3 development.

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Bottom Line

For those looking to bridge assets to zkSync, the process is designed to be straightforward and cost-effective. Start by linking your wallet on a compatible platform, choose your originating network, and set zkSync as your destination. Specify the asset and amount, then proceed with the transfer. Among available options, Rhino.fi stands out due to its low transaction fee of 0.12% and reduced gas costs on the zkSync Layer-2 network, offering a low fee solution for users.