💱Migration

IMPORTANT: The deadline for completing the migration is April 14, 2024.

Background: As many of you are aware, we have been utilizing Multichain as a bridge for our $BSGG token. Unfortunately, Multichain has recently faced unexpected challenges, leading to its closure after the arrest of its CEO in China. In light of these circumstances and with a primary focus on security, we have decided to migrate the $BSGG token to ensure the continued availability of our bridging feature.

Migration Process: To facilitate a seamless transition, we have devised a straightforward migration process that will take place on a 1:1 basis. Here are the steps to migrate your $BSGG tokens:

1. Connect Wallet:

   • Start by connecting your wallet to the migration platform. Ensure that you are using a secure and compatible wallet.

2. Select Network:

   • Choose the desired network for your $BSGG tokens. You can opt for Ethereum (ETH), Avalanche (AVAX), or Fantom (FTM), based on your preference.

3. Initiate Migration:

   • Once connected and the network is selected, initiate the migration process. This will prompt the secure transfer of your old $BSGG tokens to the new environment.

4. Receive New $BSGG:

   • Upon successful migration, you will automatically receive the equivalent amount of new $BSGG tokens on the chosen network.

5. Old $BSGG Burn:

   • As part of the migration process, the old $BSGG tokens will be burned to maintain a proper and transparent transition.

6. Can I bridge my new $BSGG tokens?

   • You will be able to bridge your $BSGG tokens on our dashboard on the following chains: Avalanche, Fantom and Ethereum.

You can access our migration dashboard here.