Solaxy (SLX) is the native token of M3tering protocol which launched few months ago on the Gnosis chain. If you are not familiar with M3tering protocol's project, that's fine. I summarised the background and mission of M3tering protocol into a short article here.

Prior to this summer, I had not interacted with the Gnosis chain on Metamask, so when I tried to buy some Solaxy tokens, I struggled with the process. I hope that with this article, others will find it easier to buy Solaxy on Metamask and therefore, play a part in building a decentralised energy network for Africa. If you find this helpful, please share with your network.

Get XDAI on Your Metamask Wallet

XDAI (pronounced: ex-die) is a stablecoin that is pegged to the US dollar and used as the gas fee on Gnosis chain. I could not buy XDAI with a bank transfer on Metamask and so I had to swap my USDT on the Polygon chain for XDAI on the Gnosis chain. To do this, I used Jumper Exchange.

On Jumper Exchange, click “Get started”. Select your preferred chain and token to swap from. In my case, this is the Polygon chain and USDT token. In the second bar select the Gnosis chain and XDAI token.

Connect your wallet and follow through with the transaction by signing the requests on your wallet.

Now, this only works if you have USDT on any of the common EVM chains. Acquiring USDT is easy and the process varies across regions so I won't elaborate further. However, you can either buy on Metamask or on crypto exchanges that operate in your region.

Swap XDAI for Solaxy (SLX) on Your Metamask Wallet

Now that you have XDAI in your wallet, you can proceed to Balancer to swap your XDAI for Solaxy tokens (SLX).

Tap on the menu icon on the top right of your screen and click “Swap”, then select Gnosis chain as the network. Choose XDAI as the token to swap and SLX as the token to receive. Input your preferred amount of XDAI or SLX and connect your Metamask wallet to complete the transaction.

Import Solaxy (SLX) to Your Metamask Wallet

You may not immediately see your Solaxy tokens in your Metamask wallet but all it needs is a little tweak. You need to manually import Solaxy tokens on the Gnosis chain on Metamask.

First, make sure your network is set to Gnosis chain. You can manually set your network to Gnosis chain if you don't find it as one of the available options in your wallet.

Then, you can manually import Solaxy (SLX) with the token contract address: 0xF4F3c1666E750E014DE65c50d0e98B1263E678B8

Tap to verify this contract address on Gnosis chain

Disclaimer

This article is based on my personal experience of buying Solaxy tokens on my mobile phone and your experience may differ slightly depending on your device and other unknown factors. Also, this content was created for informational purposes only and should not be considered financial advice. Do Your Own Research.

If you want to learn more about M3tering protocol or reach out to the team, join the discord community.