Runi will take NTFs to the next level - how to convert DEC/SPS to ETH

[toocurious]

Hi everyone,

Tomorrow, it is Runi time and I am ready.

I don't think people quite grasp the brilliance and innovation that Runi will bring to the table. I know we are in a bear market and it is hard to sell anything these days on Opensea, but make no mistake, there is no doubt about it that Runi is taking gaming NFT's and NFT's in general to the next level. Looking back at it in a year or so we will call it a historical moment in the NFT space.

The fact that you can buy an NFT on Opensea that will be usable in a working crypto game on another blockchain by staking it into an ETH contract is mind-blowing on so many levels.

To prepare myself I have converted some SPS into ETH and I thought I'd share the most cost efficient way to do that. Or at least the most cost efficient way, that I know of. Please comment if you know of a better way.

Step 1:
Get SPS, if you already own SPS, skip to step 2.
Convert your DEC to SPS on Tribaldex, connect with keychain and go to the SPS-DEC pool and simply swap the amount you need to SPS.

Step 2:
Bridge SPS on Bswap to your metamask BSC, make sure there is enough liquidity for SPS on BSC

It should not take long to get to the BSC, max a couple of minutes

Step 3:

Go to 1inch.io, imo the most efficient DEX out there. Swap SPS for ETH (on BSC). Make sure you are connected to BSC in Metamask and that you have some BNB on your address to cover the gas fees. 0.01 BNB should be enough.

Step 4:

Go to Umbria Narni Bridge and bridge ETH on BSC to ETH on the main ETH chain. Connect your metamask to BNB, you should have some left of 0.01 BNB to cover the gas costs.

Et voila, you got ETH on the mainnet in your metamask.

Step 5:

Connect your Metamask to Opensea and go to the mint page for Runi.

https://opensea.io/collection/runi/drop?utm_medium=organic&utm_source=discord&utm_channel=social&utm_content=SL_sl2

All the best and some last points:

• You have a week to mint, make sure you mint when ETH gas fees are low, definitely aim at gas fee of 10 gwei or lower. It is relatively quiet on ETH these days, I have seen fees go as low as 2-4 gwei.
• Make sure you transfer enough ETH to cover the gas fees and the staking fee (and maybe even the changing parts fee). Depending on the contract and gas price, 0.005 to 0.01 ETH should cover one transaction.
• Some parts of Runi will be interchangeable, making it possible to tweak your Runi even more to your liking.

TC
PS: Because I believe so strongly in Runi, I just bought runi.eth.

Disclaimer: None of this is financial advice, always do your own research. This is for documenting purposes only.

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Comments

[mattclarke]

Found an old Uniswap position with a bit of ETH in there; so glad I don't need to buy any :)

[toocurious]

Some of us are just plain lucky :)

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[suteru]

you can also swap/sps to hive then hive to swap.eth then transfer it to etherium metamask wallet.

[toocurious]

yes, true, but liquidity is low and you would end up with less ETH

[stefano.massari]

I didn't quite understand what Runi is. Is Runi a new block chain based game?

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[toocurious]

Oh, yes you are right, I did not really go into depth there. Runi is a maxed version of a card that is playable in Splinterlands, but is created on the ETH blockchain. You need more then a Runi to be able to play, but this is the first time that you will be able to buy something on Opensea and use it in a Hive blockchain based game.

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[stefano.massari]

Thank you for giving me this answer. Now I understand better the importance of this project, that is RUNI

[arcange]

Dear @toocurious, sorry to jump in a bit off-topic.
May I ask you to review and support the new proposal (https://peakd.com/me/proposals/240) so I can continue to improve and maintain this service?
You can support the new proposal (#240) on Peakd, Ecency,

Hive.blog / https://wallet.hive.blog/proposals

or using HiveSigner.

Thank you!

[leogrowth]

Hey mate, check your discord messages :D