Introduction
Fluence is a Layer 2 (L2) network bridging to Ethereum. To participate in the Fluence Compute Marketplace and stake tokens, you need to transfer your funds from Ethereum to the Fluence network. For that a blockchain bridge is used.
We've developed a user-friendly bridge to facilitate the transfer of funds between Ethereum and the Fluence Network. This guide will walk you through the process of moving your assets between the Ethereum Mainnet and the Fluence L2.
Key concepts
Fluence Chain (FC) uses an Optimistic Rollup system:
- Optimistic Rollup: A scaling solution that assumes all transactions are valid unless proven otherwise. This approach allows for faster processing but requires a security mechanism called "fraud proofs."
- Challenge Period: When withdrawing funds from Fluence to Ethereum, there's a 7-day waiting period. This seven day period allows for enough time for any potentially fraudulent transactions to be identified and disputed.
Transfer Times:
- Deposits (Ethereum to Fluence): Nearly instant, as they only require confirmation on the Ethereum blockchain.
- Withdrawals (Fluence to Ethereum): Take 7 days due to the challenge period, ensuring maximum security for your funds.
Supported tokens
Currently, the Fluence Bridge supports two types of ERC20 tokens:
- FLT (Fluence Token): Used for paying capacity rewards to providers, delegating staking to Capacity Commitments and paying for gas within the Fluence network.
- USDC (USD Coin): Used as a payment token for renting compute resources from Compute Providers
Both tokens can be bridged from Ethereum to Fluence chain and vice versa. Note that on Ethereum gas needs to be paid in ETH.