I explain how to use by the example of bridging from @avalancheavax to @osmosiszone in @cosmos
Action plan:
1. We decide on the chain from where we bridge;
2. We decide on the assets that we bridge;
3. Decide on the destination chain;
4. We do beautiful!
Steps 1 and 2: Decide on the chain from which we bridge, select tokens. We choose the one with the min fees in the destination chain. If you bridge not with Ethereum, then you will be pay ~1.5$ for the operation from EVM-chain to Cosmos.
Check fees here: https://docs.axelar.dev/resources/mainnet
Satellite is still in beta, so now you can bridge a wrapped native network token, wrapped in axelar stables: DAI, USDC, USDT, FRAX, as well as @emoney_com stables - NGM and EEUR. For believers and MBB (metall balls boys) there are UST and LUNA.
A list of tokens that can be transferred between chains can be found in Axelarscan https://axelarscan.io/assets
I did not find any pools with axlUSDT and axlDAI on Avalanche, but Satellite bridge still beta... Ok, we selected axlUSDC from the Avalanche chain to receive USDC in Osmosis. So we go to our favorite @curvefinance, connect the wallet and swap using axlUSDC/USDC pool.
Step 3. Set destination chain: Osmosis ofc:)
Step 4. Go to https://satellite.money/, connect wallets, select source and destination chain+token, enter destination wallet(1); confirm that we understand that only axlUSDC (2) can be sent to the contract; click the button and enter qty(3).
We enter the amount of axlUSDC (4.1), click on send (4.2), the transfer is performed (5), then the transaction is confirmed (6). Soon the tokens will be in the building!
We finished the bridge exercise, after about three minutes we open @Keplrwallet, select the destination chain - osmosis and see that the coins have arrived.
Let's go to app.osmosis.zone to do some magic with this glassman - swap usdc without gas! Choose trade->from: USDC->TO: OSMO, click Swap.
Next, click on Override fee (1), set a low priority and confirm the transaction (2). It will be executed, albeit with a low priority, but with zero gas. Yes, this is a special, almost street magic.
Check big guide to Cosmos Ecosystem:
You are amazing8-)