Connect to Rootstock dApps and web3 apps. To explore Rootstock web3 in style, download Exodus Web3 Wallet!
In this article:
What is the Rootstock ecosystem?
The Rootstock ecosystem is everything built on the Rootstock (RSK) network. It consists of Rootstock Smart Bitcoin (RBTC), DEXs, DeFi dApps, and other web3 apps.
Rootstock is a smart contract platform built as a side-chain to the Bitcoin blockchain. It aims to bring smart contracts and decentralized applications to Bitcoin. The Rootstock network went live on January 2018.
If you're looking for blockchain data, you can use RSK explorer, one of the most popular block explorers for Rootstock.
While participating in the Rootstock ecosystem, you will need Smart Bitcoin (RBTC) to cover the gas fees to fuel your transactions. These fees can vary depending on the type of transaction and how busy the network is.
From using smart contracts to participating in DeFi dApps, here is an introduction to everything you can do on Rootstock.
What is Rootstock Smart Bitcoin (RBTC)?
Rootstock Smart Bitcoin (RBTC) is the primary asset of the Rootstock network. You can convert Bitcoin (BTC) to RBTC, which can be used to interact with smart contracts and web3 Apps on the Rootstock network.
With the Rootstock network, you can convert BTC to RBTC at a 1:1 rate. See the guide below to learn how.
You can also acquire RBTC through a centralized exchange where RBTC is listed. You can view a list of markets that carry RBTC in CoinMarketCap.
Once you have acquired RBTC, you can use it on the Rootstock network and interact with smart contracts and web3 apps.
Tutorial video: How do I convert Bitcoin (BTC) to Rootstock Smart Bitcoin (RBTC)?
How do I convert Bitcoin (BTC) to Rootstock Smart Bitcoin (RBTC)?
Here's how to convert Bitcoin (BTC) to Rootstock Smart Bitcoin (RBTC) with Exodus Web3 Wallet and Money On Chain:
Money On Chain is a third-party platform that is not affiliated with Exodus. As such, Exodus cannot guarantee the performance of its products/services or that the steps shown and the information provided will always be accurate.
Go to the Money On Chain web3 app and connect your Exodus wallet by clicking Exodus Wallet.
Confirm that you want to connect your wallet by clicking Connect.
Click Confirm.
a) Click the Convert BTC to RBTC icon, then b) click Convert BTC to rBTC.
a) Read the instructions and b) click Generate BTC Deposit Address.
When converting Bitcoin (BTC) to Rootstock Smart Bitcoin (RBTC), the amount of BTC you send should be between the minimum and maximum amounts allowed. You will see a Bitcoin (BTC) receive address. Send the amount of BTC you'd like to swap to that address.
And that's it! You will receive RBTC in your wallet as soon as the swap is done. Be aware that the transactions can take up to 1 hour to process.
How do I convert Rootstock Smart Bitcoin (RBTC) to Bitcoin (BTC)?
Here's how to convert Rootstock Smart Bitcoin (RBTC) to Bitcoin (BTC) with Exodus Web3 Wallet and Money On Chain:
Money On Chain is a third-party platform that is not affiliated with Exodus. As such, Exodus cannot guarantee the performance of its products/services or that the steps shown and the information provided will always be accurate.
Go to the Money On Chain web3 app and connect your Exodus wallet by clicking Exodus Wallet.
Confirm that you want to connect your wallet by clicking Connect when prompted.
Click Confirm.
a) Click the Convert BTC to RBTC icon, then b) click Convert rBTC to BTC.
a) Read the instructions and b) click Continue.
When converting Rootstock Smart Bitcoin (RBTC) to Bitcoin (BTC), the amount of RBTC you send should be between the minimum and maximum amounts allowed. a) Enter the BTC address where you want to receive your BTC payout. b) Enter the RBTC amount you want to convert. When you are ready, c) click Continue
When prompted, click Approve in your Exodus Web3 Wallet.
And that's it! You will receive BTC in your wallet as soon as the swap is done. Be aware that the transactions can take up to 1 hour to process.
How do I connect to Rootstock dApps and web3 apps?
First of all, what are dApps and web3 apps? They're like any other app, except they're built using blockchain technology like smart contracts. Instead of signing in with a username and password, you connect with a crypto wallet.
All dApps are web3 apps, but not all web3 apps are decentralized, so 'web3 app' is the umbrella term used for any app you connect to with a crypto wallet. If you'd like to learn more, visit: What are dApps and web3 apps?
You can connect to Rootstock web3 apps with the browser-based Exodus Web3 Wallet!
Exodus Web3 Wallet
Download Exodus Web3 Wallet to connect to any Rootstock web3 app.
Web3 Wallet is a multi-chain browser extension wallet for Chrome and Brave. To learn more, visit: Getting started with Exodus Web3 Wallet.
What are some popular dApps and web3 apps on Rootstock?
The Rootstock network is a relatively new chain, and there aren't as many web3 apps compared to other networks, such as Ethereum.
You can connect and explore without any funds in your wallet. But if you want to interact with web3 apps, you'll need some Rootstock Smart Bitcoin (RBTC) in your wallet to pay transaction fees, also known as gas.
Don't have any RBTC yet? Jump to: How do I convert BTC to RBTC?
It's important to note that Exodus provides a software interface that allows you to connect to web3. Exodus can't guarantee the safety of any third-party platform, including the web3 apps listed here. Make sure you do your own research and only connect to web3 apps you trust 100%.
For more information about how to stay safe while exploring the wide world of web3, please visit: Safety and security for DeFi and web3.
The following web3 apps are third-party platforms that are not affiliated with Exodus. As such, Exodus cannot guarantee the performance of its products/services or that the steps shown and the information provided will always be accurate.
Here are some of the most popular Rootstock web3 Apps:
Sovryn
Sovryn is a web3 app where you can provide liquidity to earn rewards, borrow, and swap cryptocurrencies such as ZUSD and DLLR through smart contracts.
Money On Chain
Money On Chain is a DeFi platform on the Rootstock network with DEX functionalities.
Money On Chain supports assets such as the Bitcoin-backed stablecoin Dollar on Chain (DOC). Money On Chain also has its own governance token (MOC), which you can stake to earn rewards.
Money On Chain supports Sovryn's FastBTC integration, which makes it easy to convert between BTC and RBTC. To learn more, jump to: How do I convert BTC to RBTC?
Which Rootstock tokens does Exodus support?
Exodus supports Rootstock tokens! You can enable supported Rootstock tokens by following the steps in this guide: How do I enable and disable assets in Exodus?
If you can't find your token, jump to: How do I add custom Rootstock tokens?
You can see all supported Rootstock tokens if you filter by the Rootstock network in the Assets section of your wallet. For a full guide on how to do this, visit: How do I find an asset by its network?
Mobile
Desktop
Web3 Wallet
How do I add custom Rootstock tokens?
Rootstock custom tokens are supported in Exodus Mobile, Desktop, and Web3 Wallet.
For instructions on how to add Rootstock custom tokens, visit: How do I add a custom token?
How can I view my Rootstock transaction history?
If you don't see your received Rootstock transactions in your transaction history, don't worry!
In Exodus, the Rootstock network will only show transactions you sent with your Exodus wallet. Received transactions on the Rootstock network will not show in your transaction history.
To view your full transaction history, you can visit the Rootstock block explorer and search for your Rootstock address: RSK explorer.