DHP Contract Swap

We're thrilled to announce that dHealth will officially launch on the CØSMOS network on March 18th, 2024. This significant milestone signals the transition of dHealth from Symbol Catapult technology to the innovative CØSMOS SDK tech stack, focusing on maintaining the integrity of our tokenomics and seamlessly transferring existing token holdings.

The current network will continue operating alongside the new CØSMOS-based blockchain for four weeks to facilitate a smooth transition. During this time, token holders are encouraged to migrate their DHP tokens via a dedicated one-way token bridge. This bridge will allow users to exchange their legacy tokens for an equivalent number of new tokens in their own CØSMOS wallet.

The total supply cap for DHP tokens will remain at 2 billion, inclusive of all tokens currently in circulation across Ethereum and BNB Chain. At launch, approximately 1.8123 billion DHP will have been minted. To make provisions for future staking initiatives on the new dHealth Network, we will burn 200 million DHP, or 10% of the maximum supply, during the migration. Consequently, 1.6123 billion DHP will be available on the new dHealth Network on the launch day.

DHP new contract address