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RMRK token migration
We're thrilled to introduce the new RMRK token, marking a big step in our efforts to offer a smooth and secure cross-chain experience. This upgraded token will replace the current xcRMRK token, providing improved features and utilities for our users.
The decision to create the new RMRK token stems from the suspension of the Multichain bridge used for token bridging, resulting in the fragmentation of the xcRMRK token across multiple chains. The new RMRK token, built on OZ and Axelar, is a cross-chain token that can be bridged between chains through the Axelar Network, ensuring future resistance to such events.
Closing and opening new liquidity pools
Starting this migration process, we already closed the liquidity pools in the DEXs where the old xcRMRK token was. We have also started a new one with the new token and are in contact with CEXes to update the contracts for the new token.
For now, we don't recommend using any CEX until they update the contracts. We will keep our community informed on this point. If you have your old tokens at any CEX, they are safe but we recommend that you move them from your wallet so you can swap to the new tokens (see below for info on how to swap)
Swap Ratio
The swap ratio from old tokens to new one is 1:1. So you will get the same amount of tokens when you swap them.
Important Links
For your convenience, here are the links to the new token contracts for each chain:
- Ethereum: 0x524d524B4c9366be706D3A90dcf70076ca037aE3
- Polygon: 0x524d524B4c9366be706D3A90dcf70076ca037aE3
- Base: 0x524d524B4c9366be706D3A90dcf70076ca037aE3
- BSC: 0x524d524B4c9366be706D3A90dcf70076ca037aE3
- Moonbeam: 0x524d524B4c9366be706D3A90dcf70076ca037aE3
- Astar: 0x524d524B4c9366be706D3A90dcf70076ca037aE3 - (As soon as Axelar integrates Astar, the token will be available.)
The old contract address is https://statemine.statescan.io/asset/8.
