Like we previously announced, we’re migrating our token to a new and improved smart contract on the Ethereum Mainnet.This move marks a pivotal moment in our journey, symbolizing our commitment to enhance security, reliability, and innovation within the MOOV ecosystem.
We’ve already shared the new token supply dynamics and enhanced token utility, and now we’ll guide you through the simple steps to migrate your MOOV tokens seamlessly, ensuring a smooth transition without any hassle.
The Migration Roadmap
April 24, 2024 15:00 GMT — 19:00 GMT — Removal of liquidity from exchanges
All LP providers should remove liquidity before this date. Our team will remove its liquidity on all exchanges in that timeframe to prepare for the snapshot of all addresses.
April 25, 2024 at 12:00 GMT — Snapshot of token holders balances
At this date we will collect all the balances of all token holders and save it. Future transactions will not be taken into account. Token holders should not do any transfers of MOOV after this!
April 26, 2024 at 18:00 GMT — New MOOV tokens launched on Ethereum Mainnet
There will be a website available for token holders to claim their MOOV tokens. The old tokens will no longer be valid.
The migration period begins on April 26, 2024 at 18:00 GMT and lasts until April 26, 2025 at 18:00 GMT.
Step-by-Step Migration Guide
Prepare Your Wallet — Before initiating the migration process, ensure that you have access to an ERC-20 compatible wallet.
Visit the Migration Website — From April 26, 6PM GMT, visit the migration website: https://claim.moovtoken.com
Connect Your Wallet — Once on the website, click on Connect Wallet and follow the prompts to connect your wallet securely.
Claim your MOOVs — After connecting your wallet, you’ll be presented with how many MOOVs you’re entitled to. Confirm them and click on “Claim MOOV”. You’ll receive your new tokens immediately.
Add the new contract to your wallet — After claiming your new MOOV tokens, don’t forget to add the new contract to your wallet! You can do it by copying and pasting the new contract address in the “import custom token” function of your wallet, or by simply clicking on the MOOV logo in the claim website, and then click on “Add to Wallet”.
What to do if your tokens are in a CEX? — All your tokens are going to be automatically migrated to the Ethereum Mainnet by the exchanges, so you won’t need to do anything! All our exchanges will support this migration and they are: Gate.io; HUOBI; MEXC; LATOKEN; CoinEx.
Questions You Might Have
To provide additional clarity and address common concerns, we’ve compiled a list of frequently asked questions regarding the token migration process:
- What is the new contract? 0x4116f14b6d462b32a1c10f98049e4b1765e34fa9
- Is there a deadline for migration? Yes, the migration period lasts until April 26, 2025 at 18:00 GMT.
- What happens if tokens aren’t migrated? — After the migration window closes, all unclaimed tokens will be securely burned. We encourage all holders to take advantage of the migration period to avoid any loss of assets.
- Is this only for tokens in Binance Smart Chain? — No, the migration applies to MOOV in all chains. Token holders will have to claim the new MOOV tokens in Ethereum Mainnet.
- What happens to liquidity? — As part of the migration process, liquidity will be transitioned from the original contract pool to a new one. This ensures continuity and liquidity provision within the MOOV ecosystem.
- What will be the tokenomics? — You can find the new tokenomics here.
- Are we only going to be in ETH? — We have plans in motion to expand to new ecosystems, it’s part of our strategy, and everything will be announced as soon as possible.
- How much will the gas fee be? — Gas fees on the Ethereum network vary depending on how congested the network is. These fees are determined by factors such as network demand and transaction complexity. To check current gas prices and optimize your migration experience, we encourage you to visit EtherScan’s Gas Tracker. For example, the periods of reduced network activity, and consequently the best time to conduct transactions with lower gas fees, are usually from 3AM to 6AM UTC.
The token migration represents a pivotal moment for dotmoovs and our community. By migrating your tokens, you’re not just participating in a technical process; you’re signaling your commitment to our shared vision of revolutionizing the world of AI through blockchain technology. We encourage you to take your time to migrate your tokens, as you’ll have 1 year to do so. Thank you for your ongoing support, and we look forward to embarking on this exciting new chapter together!
