Solana sRLY
Overview
sRLY is an SPL token on the Solana blockchain. Through the Wormhole Token Bridge and the Association's token swap program, users are able to swap their Ethereum RLY for Solana sRLY and vice versa.
RLY (Ethereum) -> RLY (Wormhole) -> sRLY (Solana)
sRLY (Solana) -> RLY (Wormhole) -> RLY (Ethereum)
Canonical sRLY
Instead of using RLY (Wormhole) to represent RLY on Solana, the Association has chosen to create a Solana native SPL token called sRLY, also referred to canonical sRLY. This allows flexibility for tokens with supply originating on other chains to be bridge agnostic on Solana and have a canonical token for usage while allowing any whitelisted bridge wrapped token to be the original token on the network.
RLY (ERC20) --> sRLY (Solana)
The wormhole bridge and token swap contract are for advanced users. Misuse may result in unrecoverable loss of funds.
Step 1
Use the Wormhole Token Bridge to bridge ERC20 RLY to Solana as RLY (Wormhole)
Step 2
Navigate to the Association's github and use the Swap wormhole $RLY for canonical $RLY token swap program cli to swap RLY (Wormhole) to canonical sRLY.
Alternatively, you can use this tool: https://migration.rly.network/
sRLY (Solana) --> RLY (ERC20)
The token swap contract and wormhole bridge are for advanced users. Misuse may result in unrecoverable loss of funds.
Step 1
Navigate to the Association's github and use the Swap canonical $RLY for wormhole $RLY token swap program cli to swap canonical sRLY to RLY (Wormhole).
Step 2
Use the Wormhole Token Bridge to bridge RLY (Wormhole) to ERC20 RLY
Useful links
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