xSigma Guides
  • Welcome to xSigma
  • Quickstart Guides
    • What is xSigma?
    • How to use xSigma
    • How to become an LP to earn rewards
    • SIG Token & DAO
    • What does LP mean?
    • Rewards for Early LPs
    • Stablecoin exchange
  • FAQs
    • General FAQ
    • Website FAQ
    • Deposit FAQ
    • Wallets FAQ
  • SIG Token
    • Disclaimer
    • DAO
    • SIG Total Supply & Distribution
    • Earning SIG
    • Buying SIG
    • Burning SIG
  • SIG LP Token
    • 〽️ Fee Payout for LPs
  • Glossary
  • Whitepaper
  • xSigma Lab
  • 🎁xSigma v2
    • Updates for Version 2 Launch
    • Why You Should be an LP In xSigma V2
  • 🖐️BSC
    • xSigma BSC Overview
    • Migration Guide
      • Why migrate?
      • How to migrate?
      • Step-by-step guide
    • Basics
      • Connect your wallet
      • Transfering your assets
  • 🚊ETH v2
    • xSigma ETH v2 Overview
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  • How to migrate?
  • Cost of migration

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  1. BSC
  2. Migration Guide

How to migrate?

PreviousWhy migrate?NextStep-by-step guide

Last updated 3 years ago

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How to migrate?

At high level, to migrate, you need to follow these steps:

  1. Unstake your SIG-LP from Pool 1 at Rewards page:

  2. Withdraw SIG-LP to stablecoins:

  3. Bridge your stablecoins to BSC blockchain

  4. Deposit stablecoins on BSC version of xSigma:

  5. Stake to receive Rewards:

Cost of migration

While gas on Ethereum is high, keep in mind that you only need to complete three transactions: unstake, withdraw, bridge.

To save gas, you might consider withdrawing only one stablecoin. If you do that, consider impermanent loss that comes from pool imbalance.

BSC transactions are regularly cheaper than Ethereum. Typical cost of transferring BEP20 token is 0.0002 BNB, which is about 0.10$.

Staking on BSC requires 4+ transactions: approve each of the stablecoins, deposit into stablecoin pool, approve SIG-LP for staking, stake SIG-LP.

🖐️
https://app.xsigma.fi/stake/0
https://app.xsigma.fi/withdraw
https://app.xsigma.fi/deposit
https://app.xsigma.fi/stake/0