By Ogechi Nnadi Mbama
TerraCredit DAO is performing a hard-fork and switch to an ERC-20 token, this is to facilitate our token sale which is live between April and August 2021.
All users are instructed to create a new decentralized wallet here https://terracredit.app and send their funds to the new wallet before 31 March 2021. Holders who complete this action will benefit from an automatic swap at a ration of 1:1. We want to highlight the cutoff date is 31 march 2021 for swapping at the 1:1 rate.
Our partner exchanges should inform their customers of the swap and the direct them to this press release for confirmation, our support staff are available 24/7 in telegram (https://t.me/terracredit) or on the support tab at https://terra-credit.com
Once the swap phase (1 March 2021 to 31 March 2021) has concluded, partner exchanges are requested to update to the new asset on or after 1 April 2021.
Trading should resume shortly after the change over to the new asset on 1 April 2021.*
Token integration information:
Token type : ERC-20
Symbol : CREDIT
Contract address : 0x87d138d910d497f740d70ada5ac09e96b282cb2dToken
Our other partners such as staking services and masternode providers will rejoin the eco-system on the new blockchain in 2022, for now they should communicate the swap to their users and ensure that withdrawals are available throughout March 2021.
The token sale summary can be found here : https://terra-credit.com/wp-content/uploads/2021/01/Token-Sale-Summary-ver-1.448-1.pdf
The token sale is included in our official project roadmap, available here : https://terra-credit.com/about/
Any support issues that require immediate official assistance, would write to [email protected] and you will receive a priority and qualified reply.
In closing we would like to express our gratitude to our community for their support in our fund raising endeavors and we offer our thanks in advance to our partners for their assistance in this major update.
*Please note that support for the old asset should be discontinued, no multichain connectivity is required. From 1 April 2021 the old chain is being abandoned so please upgrade to the new token and remove support for the old.
**The new ERC-20 token will be in use throughout the sale period and up until next year when we go live on the new smartchain DAO (CREDIT 3.0). Estimated release date is forecast for early 2022.
#terracreditDAO #hard-fork #ERC-20 token #terrabit #credit #cred