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Details: ht
In the Web3 world, the flexible conversion of assets is a common need for users. Today, we will explore how to efficiently convert oDOLO to DOLO, which is particularly important for users looking to participate in Lock-up Position or governance.
First, it is important to note the criticality of network selection. oDOLO and DOLO exist on the same blockchain network, so the conversion operation must be carried out on the corresponding network. For example, if your oDOLO is on the Arbitrum network, then the conversion process should also take place on Arbitrum. Similarly, oDOLO on the Berachain network also needs to be converted on Berachain. Correctly selecting the network can avoid issues of assets being unlocatable.
Next, let's take a look at the specific operation steps:
1. Confirm Network: Near the wallet connection button in the upper right corner of the interface, select the correct network (such as Arbitrum One or Berachain Artio).
2. Enter the conversion page: Open the asset management page, find the oDOLO asset card, and click the 'Convert to DOLO' button on it.
3. Enter the conversion amount: In the conversion interface, input the amount of oDOLO you wish to convert. The system will automatically calculate the equivalent amount of DOLO.
It is worth mentioning that this conversion process is at a 1:1 ratio, and no additional fees are required except for a small Gas fee. This efficient and low-cost conversion mechanism provides great convenience for users.
Although the operation steps are relatively simple, users are advised to remain cautious when performing any cryptocurrency operations and ensure they understand the meaning of each step. At the same time, it is important to protect one's private keys and wallet security to avoid potential risks.
With the continuous development of decentralized finance (DeFi), asset conversions like oDOLO to DOLO will become increasingly common. Familiarity with these operations not only allows users to manage their digital assets better but also enables them to participate more deeply in the decentralized ecosystem. Whether you are looking to Lock-up Position for appreciation or to participate in project governance, mastering these skills will allow you to navigate the Web3 world with ease.