ERC20 DOG20 $DC Conversion Solution. Shibes, on Friday 14 July 10 AM UTC, we will be releasing. ERC20 DOG20 $DC token converter.
13 Jul 2023, 12:49
ERC20 ā¶ļø DOG20 $DC Conversion Solution
š
Shibes, on Friday 14 July 10 AM UTC, we will be releasing
ERC20 ā¶ļø DOG20 $DC token converter
š Blog:
This tool will help you convert the Ethereum-based $DC tokens back on Dogechain and regain their utility for trading.
š The context:
šø The Multichain Bridge suffered an exploit on July 6, 2023, tainting the ERC20 $DC tokens issued by that bridge.
šø ERC20 $DC are considered useless/worthless as they cannot be traded on Uniswap or deposited on centralized exchanges.
šø The Dogechain team will provide a conversion tool that will allow users and institutions to redeem ERC20 $DC 1:1 for DOG20 $DC.
šø The ERC20 $DC will be burned and deprecated, ultimately contributing to a 3.25% reduction of the total supply of tokens.
šø Users get multiple benefits by bridging back $DC on the Dogechain mainnet.
All ERC20 $DC holders are invited to bridge over their tokens on the Dogechain mainnet so they can regain their utility. š
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Dogechain is bringing DeFi & long awaited utility to Dogecoin. Join the family! š
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Same news in other sources
114 Jul 2023, 11:28
ERC20 ā”ļø DOG20 $DC Converter is live!
Shibes, our developers have released the tool that will allow you to convert your ERC20 $DC into Dogechain Mainnet tokens
š
You can now safely bridge back your $DC tokens from Ethereum to restore their utility
More info on how this conversion works in our blog post:
š
š Important notes:
šø The DOG20 $DC tokens will be provided by the Loyal Shibes allocation (0xBce77b0d91e98E4524E74Fd378A3af5c9B94528e) No new tokens will be minted in the process
šø For security reasons, conversion will not be carried out in real time. The token distribution will occur once per week, every Friday at 0:00 AM UTC.
šø The DOG20 $DC will be airdropped to the same wallet that holds the ERC20 $DC tokens.
Ensure you have access to the wallet on the Dogechain mainnet before attempting a conversion.
ā»ļø
Dogechain is bringing DeFi & long awaited utility to Dogecoin. Join the family! š
Website I Twitter I Discord I TikTok I Reddit I Blog I Instagram
ERC20 DOG20 $DC Converter is live.
ERC20 ā”ļø DOG20 $DC Converter is live!
Shibes, our developers have released the tool that will allow you to convert your ERC20 $DC into Dogechain Mainnet tokens
š https://dive.dogechain.dog/convertDC
You can now safely bridge back your $DC tokens from Ethereum to restore their utility
More info on how this conversion works in our blog post:
š https://bit.ly/3NTIKKC
š Important notes:
šø The DOG20 $DC tokens will be provided by the Loyal Shibes allocation (0xBce77b0d91e98E4524E74Fd378A3af5c9B94528e) No new tokens will be minted in the process
šø For security reasons, conversion will not be carried out in real time. The token distribution will occur once per week, every Friday at 0:00 AM UTC.
šø The DOG20 $DC will be airdropped to the same wallet that holds the ERC20 $DC tokens.
Ensure you have access to the wallet on the Dogechain mainnet before attempting a conversion.
ā»ļø https://bit.ly/46QxuHC
Dogechain is bringing DeFi & long awaited utility to Dogecoin. Join the family! š
Website I Twitter I Discord I TikTok I Reddit I Blog I Instagram