Chains Currently Supported for Withdrawing and Depositing NFTs

Support
Support
  • Updated

RECUR supports moving your NFTs to and from our platform with several supported chains. All 3rd party wallets which support these chains can be used to withdraw your RECUR Pass. 

However, to deposit your NFTs to your RECUR Wallet, you will need to connect a MetaMask wallet. For more information, you can review the article Setting up Metamask.

You can review any of your transactions to and from the platform utilizing the designated blockchain explorer.

Chains We Support

Ethereum
ETH.png

  • Token: ETH
  • Blockchain explorer: https://etherscan.io/
  • The Ethereum network is a decentralized, open-source blockchain-based platform that enables developers to build decentralized applications (DApps) and smart contracts. Its native cryptocurrency is called Ether (ETH).

    One of the key features of Ethereum is its ability to execute smart contracts. Smart contracts are self-executing programs that automatically enforce the terms of an agreement between two or more parties. This feature enables the creation of decentralized applications that can be used to automate various processes and eliminate the need for intermediaries.

    Another important aspect of Ethereum is its support for decentralized finance (DeFi) applications. DeFi applications use smart contracts to offer financial services such as lending, borrowing, and trading without the need for traditional financial intermediaries like banks.

Polygon

Polygon.png

  • Token: Matic
  • Blockchain explorer: https://polygonscan.com/
  • Polygon is a Layer 2 blockchain designed as a scaling solution, to run alongside Ethereum, the Layer 1 parent blockchain. The creation of Polygon aims to solve scalability issues, such as slower transactions speeds and the rising cost of fees associated with the popularity of Ethereum.

    Polygon is not intended to change or replace Eterheum, rather aid in making it a more efficient and secure blockchain. Ethereum has become bogged down due to the number of smart contracts and decentralized applications created on the platform, and because transaction fees (gas fees) vary based on the network demand, these can become quite costly.

    Polygon, previously known as the Matic Network, has its own native cryptocurrency, MATIC, which is used to pay for transaction fees on their network. Users are able to "bridge" their cryptocurrency, essentially sending crypto between two separate networks.

    For more information on funding your MATIC account, you can review this article here.

Avalanche 

Avalanche.png

  • Token: AVAX
  • Blockchain explorer: https://subnets.avax.network/c-chain
  • The Avalanche network is a decentralized platform that aims to offer a highly scalable and secure environment for building decentralized applications (DApps) and executing smart contracts. AVAX is the native token of the Avalanche blockchain, which, like Ethereum, uses smart contracts to support a variety of blockchain projects.

    Avalanche uses a consensus algorithm known as Avalanche-X, which allows for extremely fast transaction processing times and high throughput. The network is reportedly capable of processing over 4,500 transactions per second (TPS) and can scale up to 1 million TPS as the network grows.

NEAR 

NEAR.png

  • Token: NEAR
  • Blockchain explorer: https://explorer.near.org/
  • NEAR is a blockchain-based network that operates as a decentralized platform for building and deploying decentralized applications (DApps). The NEAR network uses a proof-of-stake consensus algorithm to validate transactions and secure the network.

    NEAR provides a range of features and tools that enable developers to create and deploy DApps, including smart contract functionality, a built-in wallet, and a range of development tools and libraries. NEAR also has its own native cryptocurrency, also called NEAR, which is used to pay for transaction fees, stake for validation on the network, and participate in governance. grows.