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Bounce Token Migration has started! (Important Notice)
The on-chain governance proposed for BOT token migration has successfully been passed, and we are excited to reveal BOT token migration details!
The migration from BOT token to AUCTION token marks a new journey of Bounce decentralized auction and Bounce certified auction. Migrating your BOT to AUCTION allows you to participate in both the Bounce decentralized and Bounce certified auctions.
What about Now?
Since BOT is listed on major centralized exchanges, we will apply for the token migration process and work with exchanges to make a successful transition. We will make an announcement once we find a good migration solution for token holders.
Token utility
We will start the process of transfer BOT utility to AUCTION. This includes switch transaction fee market buy from BOT to AUCTION, redefine BOT holder as AUCTION holder (you need to hold 50 AUCTION to be a qualified holder) etc.
Token metrics
The current total supply of BOT token is 100,000 BOT. We will issue a new token AUCTION with a total supply of 10,000,000 AUCTION so that the ratio matches 1:100
The AUCTION token contract address: 0xa9b1eb5908cfc3cdf91f9b8b3a74108598009096
The Total supply (Hard cap)of AUCTION is 10,000,000
The swap ratio between BOT and AUCTION is 1:100
