Minting BTCN from cbBTC or wBTC
BTCN is Corn's native gas token, this means that it is required to pay for transactions within the Corn Maizenet network. You can find more about it here.
As noted in the Bitcoin Clearing House article, BTCN can be minted on a 1:1 basis by depositing cbBTC or wBTC into it. The following guide will take you through the steps to perform this and bridge it to Corn seamlessly through the Corn Bridge, enabling you to pay for transactions fees and participate in the many network activities in very few clicks!
Mint and Bridge BTCN
- Obtain $wBTC or $cbBTC on a CEX or DEX
- $wBTC ETH mainnet token address:
0x2260FAC5E5542a773Aa44fBCfeDf7C193bc2C599 - $cbBTC ETH mainnet token address:
0xcbB7C0000aB88B473b1f5aFd9ef808440eed33Bf
- Click ‘Deposit now’ on the landing page and choose ‘quick start’ or ‘story mode’ on usecorn.com
- 'LOG IN' with your EVM wallet on the top right.
- Click the ‘Bridge’ Icon on the left side of the website!
- Select wBTC or cbBTC from the token select module (within token dropdown menu) and press 'Mint & Bridge'
If this is your first time bridging, you will need to approve your assets for use by the Corn App / Bridge.
- Press the 'Mint & Bridge BTCN' button to confirm your transaction summary and then confirm in your wallet.
Remember that BTCN is minted in a 1:1 ratio with the amount of $wBTC or $cbBTC you deposit.
- Track your $BTCN bridge progress
Your transaction will be categorized into the following categories: Waiting, Inflight, Confirmed, and Delivered.
In the unlikely scenario you receive a 'failed' transaction, please open a ticket on our community discord.
Importing the Network and Asset to your Wallet
Once you bridge your BTCN, you will want to add the 'Corn Maizenet' network to your wallet in order to see and use it. To do this, you can refer to the following guide. Once the network is added, you will be able to see your BTCN balance in your wallet automatically.