- The Sepolia version of the USDC token is now available in the upgraded testing version of the ckETH minter on the Internet Computer (ICP) mainnet.
- Christian Müller, Senior Software Engineer at DFINITY, disclosed in a recent forum post that users can interact with the Sepolia ETH and USDC tokens by obtaining Sepolia USDC and ETH from different internet faucets.
After obtaining them, users can deposit Sepolia USDC and ETH to mint ckUSDC and ckETH, respectively.
A non-profit organization called DFINITY Foundation is creating technologies for the Internet Computer (ICP) blockchain.
It’s Not Necessary to Use an Internet Computer to Deposit USDC
It’s crucial to remember that while ckETH is not needed in order to deposit USDC, it is in order to withdraw ckUSDC and get USDC returned.
Furthermore, the minter canister will utilize a portion of the ckSepoliaETH to cover transfer transactions on the Sepolia testnet.
For reference, the ckSepoliaETH minter’s canister IDs are also provided.
In addition, a dashboard showing conversions and associated Ethereum transactions for ckETH and ckERC20 transactions is provided by the ckSepoliaETH minter.
It is recommended that developers begin experimenting with ckUSDC if they are interested in providing conversions in their dapps between ERC20 and the appropriate ck-twin token.
Müller highlights that as the project is still in its early stages, users may experience bugs and upgrades may cause the canister’s status to reset.
It is to be expected that bugs will always exist. Kindly report those here to assist us solidify ckETH/ckUSDC, he wrote.
Because there isn’t a user-friendly front-end at this time, users should feel at ease using dfx calls, particularly for the last step.
Users were able to store and transfer ICP tokens after the ICP introduced an update in June of last year that was suggested by the community to increase support for all canister smart contracts.
By using Chain Key cryptography, DFINITY hopes to directly integrate the Bitcoin (BTC) network with the Internet Computer and provide smart contracts to Bitcoin, according to their statement.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
