As part of our commitment to continuous improvement and expansion, we’re excited to share updates about our ongoing migration. This migration involves integrating a new bridge provider to connect Ethereum and Binance Smart Chain, enhancing the overall functionality and compatibility of our ecosystem. Below, we’ll break down the details, provide necessary user actions, and address key technical steps in this process.
Bridge Integration: A Path to Greater Connectivity
Our partnership with a new bridge provider represents a significant step in creating seamless interoperability between ETH and BSC. However, before the bridge can go live, we’re making several essential technical adjustments to the contract.
Key Adjustments Include:
- Liquidity Unlocking: Liquidity from both chains will be temporarily removed to stabilize the ecosystem during the migration.
- New Features: The integration requires advanced functionalities to ensure optimal performance.
- Utility Removal: Clashing utilities will be eliminated to avoid conflicts.
Technical Update: Current Progress
Our team is collaborating closely with the bridge provider to finalize the technical aspects of the migration, including a new contract address and the integration of bridge functionality.
- ETH Liquidity: Successfully unlocked.
- BSC Liquidity: Already unlocked and in a stable state.
Please note: While liquidity has been unlocked, it remains intact for now. Further updates about liquidity removal will be shared on official channels.
Action Required from Users
To ensure a smooth transition and safeguard your assets, we kindly request your attention to the following:
1. Unlist NFTs:
If you have NFTs listed in the marketplace, unlist them to avoid complications or potential losses during the migration.
2. Unstake and Claim Tokens:
If you have tokens locked in staking pools, unstake and claim them immediately.
Do Not Restake until we announce the migration’s completion.
3. Emergency Withdrawals:
An emergency withdraw button has been added to the DApp for both ETH and BSC stakers.
- Refresh your DApp if the button is not visible.
- ETH Stakers: A 15% penalty fee applies; however, we will manually refund this fee after migration.
- BSC Stakers: No penalty fee is applied.
Important Reminder:
While you may wait for your pool to unlock naturally, be aware that rewards cannot be guaranteed after migration begins. Emergency withdrawals only return your initial tokens, without staking rewards.
Migration Timeline & Expectations
There is no deadline released yet.
Real-time updates will be shared across official channels. Progress will also be reflected in our whitepaper, where we’ll update FAQs and provide regular status reports: https://gitbook.catboy.io/upgrade-migration
Together, we’re building a more robust and interconnected ecosystem that will drive long-term success. Thank you for being an integral part of our journey!
For further inquiries or assistance, reach out through our official support channels.
