This guide shows how to use our Staking Dashboard to trade in your BZRXv1 tokens for the all-new BZRX tokens.
We’re giving BZRXv1 token holders one year from the launch of the new token on July 13, 2020, to migrate their holdings to BZRX tokens.
Those holding BZRXv1 will need to migrate to the new token by the time the platform relaunches in August to qualify for Fee Sharing (as outlined in our blog on The BZRX Token Model v3), however, so don’t wait too long!
Here’s our simple guide to migrating your tokens.
Step 1: Go to the Staking Dashboard
To get started, please visit our Staking Dashboard.
Step 2: Select Your Wallet
Use the popup menu to select your wallet provider. If you don’t see your wallet provider, please send your tokens to a compatible wallet or reach out for help on Intercom.
Step 3: Check Your Balance
Once you’ve connected your wallet, the dashboard will display the balance of your BZRXv1 and bZxDAO-Balancer reward tokens.
If everything appears correct, click “Convert BZRX v1 to v2.”
Step 3 Confirm Token Approval TX
Double-check the transaction to be sure you’re migrating your BZRX tokens using the official contract.
If your notification doesn’t look like the one below, please check to be sure you’re using the official Staking Dashboard at: https://staking.bzx.network.
If everything looks good, click “Confirm.”
Step 4: Confirm Convert TX
After giving the Staking Dashboard permission to migrate your tokens, make sure you’re comfortable with the gas fee associated with the transaction.
Click “Confirm” to initiate the transaction.
You can always check gas fees and learn more at https://ethgasstation.info/.
Executing the migration will leave two transactions in your wallet history...
...and the balance of your new BZRX tokens will be displayed on the dashboard.
That’s it! You’ve successfully migrated your tokens.