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πŸ‘‰
Obtaining DAI, WETH and MATIC
on Polygon
To take part in our Genesis savings pool, you will need some DAI on Polygon, as well as a small amount of MATIC on Polygon (Matic PoS mainnet) to pay for transaction fees.
At the time of writing, 0.01 MATIC is sufficient.
For take part in our ETH Lisbon savings pool, you will need some WETH on Polygon.

How to obtain DAI on Polygon

Different options
  1. 1.
    Bridge your DAI from Ethereum to Polygon πŸŒ‰ If you already have DAI on the Ethereum mainnet, you can to move this over to Polygon. You can use the official Matic Wallet bridge, the Zapper.fi bridge or the Aavegotchi bridge. Here is a great written guide for the official bridge, as well as a YouTube tutorial. Note: this will require a transaction on Ethereum mainnet. Depending on the transaction cost (gas fees) of Ethereum, this only makes sense if you want to transfer relatively large amounts of your existing DAI.
  2. 2.
    Bridge your DAI from other blockchains to Polygon πŸŒ‰ If you already have:
    • DAI on Binance Smart Chain (BSC)
    • xDAI on the xDAI chain
    • DAI on Fantom
    • DAI on Avalanche
    • DAI on Arbitrum
    • DAI on Optimism
    You can use the xpollinate.io bridge or Anyswap router or Hop Exchange to transfer DAI to Polygon. See this external guide. Transaction costs will be very low. Note that xpollinate does not support Avalanche (yet).
  3. 3.
    Buy DAI directly on Polygon (via a third-party) πŸ‘› There are multiple service providers that offer the possibility to directly buy DAI on Polygon. e.g. https://ramp.network/buy/ or https://global.transak.com/ Make sure to select "DAI on Polygon chain" or "DAI on Polygon network" so you end up with the correct DAI. Most often you can pay by either a Bank Transfer (e.g. SEPA deposit) or a debit or credit card. Transaction fees should be somewhat cheaper compared to transferring DAI from Ethereum.
    ⚠
    These are external services - not related to the GoodGhosting project! You will most likely be required to verify your identity and pay a fee for using their service. We'd like to make clear that this is NOT an endorsement or recommendation of any type.
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  4. 4.
    Swap on a decentralized exchange on Polygon πŸ”„
    If you already hold other assets on Polygon (e.g. ETH or MATIC or USDC or another token), you can use the Quickswap Exchange or Paraswap to easily swap them for DAI. You will need a very small amount of MATIC to pay for the (negligible) transaction costs.

How to obtain MATIC on Polygon

Each transaction on Polygon will require a small amount of MATIC tokens in your wallet.
If you purchased MATIC on a centralized exchange (such as Binance, Okex, OkCoin or Ascendex), you can most likely withdraw in your own personal wallet on Polygon (e.g. see this guide for Binance). Luckily, there are three options to obtain free MATIC tokens as well:
  • Option 1
    Solve the CAPTCHA at this faucet to obtain 0.001 MATIC.
    ​
  • Option 2 Connect your wallet to the official Polygon Bridge at https://wallet.matic.network/bridge, and sign the transaction. This often, but not always, results in you obtaining 0.001 MATIC.
  • Option 3
    • Make sure your wallet holds at least 1 DAI or USDC or USDT on Polygon (see above)
      • Connect your wallet to https://quickswap.exchange/#/swap​
      • In the top right corner press the "CLAIM MATIC" button. This will give you 0.001 MATIC, if your wallet does not hold any MATIC tokens. This should be enough to get started.
See this great YouTube Tutorial from The Defiant for more details.
πŸ‘› Alternatively, you can use one of the third-party fiat onboarding solutions mentioned above.

How to obtain WETH on Polygon

When you bridge your Ether to Polygon, it will show up as 'Wrapped Ether', also known as wETH or WETH. This is the type you will need to enter a GoodGhosting savings pool on Polygon.
Different options to obtain it
  1. 1.
    Bridge your ETH from Ethereum to Polygon πŸŒ‰ If you already have ETH on the Ethereum mainnet, you can to move this over to Polygon. You can use the official Matic Wallet bridge or the Zapper.fi bridge, as mentioned above.
    Doublecheck you are bridging normal ETH into Polygon. Do not bridge the mainnet 'WETH' ERC-20 token onto Polygon using the official bridge. Sadly, that is another type of wrapper which is incompatible with GoodGhosting.
  2. 2.
    Bridge your ETH from other blockchains to Polygon πŸŒ‰ If you already have:
    • ETH on Optimism
    • ETH on Arbitrum
    • ETH on Binance Smart Chain (BSC)
    • WETH on the xDAI chain
    • ETH on Fantom
    • WETH on Avalanche
    You can use Hop Exchange or Anyswap router to transfer ETH to Polygon. See this external guide. Transaction costs will be very low. Note that each bridge may support different chains.
    ​
  3. 3.
    Buy WETH directly on Polygon (via a third-party) πŸ‘› There are multiple service providers that offer the possibility to directly buy DAI on Polygon. e.g. https://ramp.network/buy/ or https://global.transak.com/ Make sure to select "ETH on Polygon chain" or "WETH on Polygon network" so you end up with the correct token. Most often you can pay by either a Bank Transfer (e.g. SEPA deposit) or a debit or credit card. Transaction fees should be somewhat cheaper compared to transferring ETH from Ethereum.

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DISCLAIMER
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For your convenience, we listed above some external guides, tools, providers and platforms that may help you to learn more about how to obtain DAI, WETH and MATIC on Polygon. GoodGhosting has no relationship and does not recommend nor endorse any of the external parties listed above. Remember to do your own research and make sure you understand the risks involved before engaging with any external party.
The GoodGhosting platform shall not be held responsible or liable, at any time, for any actions you decide to take while engaging with the external parties listed above, or consequences resulting from such actions, as for example, but not limited to, losses of funds, fees, charges, personal data loss or theft, etc.
Last modified 1mo ago