Token Migration FAQs
As Self Chain evolves, the migration of FRONT tokens to SLF tokens represents a significant step forward in our development. Here, we address frequently asked questions about the migration process to ensure a smooth transition for all users.
As Self Chain evolves, the migration of FRONT tokens to SLF tokens represents a significant step forward in our development. Here, we address frequently asked questions about the migration process to ensure a smooth transition for all users.
Security and Audit
How do I know this is safe?
Self Chain has collaborated with Beosin Security, renowned auditors who have reviewed the migration module code. You can view the audit report here: Self Chain Audit Report.
Centralized Exchange Support
When will centralized exchanges release information about migration plans?
The network does not control whether an exchange decides to list or remove a token. Once we have information about exchange upgrade plans, we will share it across our social channels.
Migration Portal
Is there a deadline for using the migration portal?
There are no immediate plans to close the migration portal. Any changes to this would require a community vote.
What should I do if I encounter issues during the token migration process?
Users experiencing issues can contact Self Chain support through the official Discord Channel.
Migration Process
How can I migrate my FRONT tokens to the new SLF tokens?
Users can use the official migration portal at Self Chain Migration to migrate their tokens. Detailed instructions are provided in the documentation.
How can I migrate my FRONT tokens on BNB Chain (BEP20) to SLF tokens on Self Chain?
The migration module only supports FRONT ERC20 on Ethereum.
First, transfer your FRONT from BNB Chain to Ethereum using FRONT Bridge.
Then follow the guide to migrate your FRONT ERC20 to SLF on Self Chain.
Swap Ratio for Migrating FRONT to SLF
The migration ratio is 1:1, meaning 1 FRONT equals 1 SLF.
Are my tokens being burned?
The Migration Portal will burn your FRONT tokens in exchange for SLF. The amount of FRONT burned can be tracked on-chain: Burn Address.
Wallet and Ledger Support
Do I need a Cosmos wallet?
Yes, you will need a Cosmos wallet.
Full instructions on setting up a Keplr wallet and adding Self Chain can be found in the Setup a Wallet guide.
What is the process for holding FRONT on a Ledger wallet?
The Migration app does not support Ledger yet.
Please use a hot wallet (Keplr, Leap, or Cosmostation) to migrate and then transfer your SLF tokens to your Ledger.
Alternatively, you can use CLI to migrate your tokens, but this requires some technical knowledge.
Will I be able to store SLF tokens on my Ledger hardware wallet?
Yes, Ledger is supported by leading Cosmos wallets like Keplr, Leap, and Cosmostation. View a guide for Keplr here.
https://docs.selfchain.xyz/getting-started/set-up-a-wallet/setting-up-keplr-with-ledger-wallet
Trading and Liquidity
Will FRONT ERC-20 pairs stop trading/liquidity be removed?
The network does not control whether an exchange decides to list or remove pairs.
Can I transfer SLF back to FRONT ERC20 on Ethereum?
No, all tokens on migration are one-way from Ethereum to Self Chain. Migrated FRONT tokens will be sent to the burned address and cannot be transferred back.
Migration Time
How long does it take to migrate my tokens?
The migration process typically takes 3-5 minutes after you release the SLF tokens on Self Chain.
Conclusion
We thank the Self Chain community for your continued support during this transition.
Please stay tuned for further announcements regarding CEX support. In the meantime, you can stake your SLF tokens to earn rewards and support blockchain security at Self Chain Staking.
If you have any further questions, please reach out to our support team on Discord or consult our documentation for more detailed guidance.
About Self Chain
Self Chain is the first Modular Intent-Centric Access Layer1 blockchain and keyless wallet infrastructure service using MPC-TSS/AA for multi-chain Web3 access. The innovative system simplifies the user experience with its intent-focused approach, using LLM to interpret user intent and discover the most efficient paths.
Self Chain ensures that onboarding and recovery are effortless with keyless wallets that grant users complete self-custody over their assets. In addition, it provides automated rewards to dApps when they efficiently resolve user intent, further enhancing the user experience. Moreover, Self Chain incorporates Account Abstraction with MPC-TSS to provide secure signing and reduce transaction fees. It's a platform that redefines blockchain interaction, making it more secure and user-friendly for everyone.
In a world where blockchain technology is becoming increasingly essential, the user experience remains a critical factor in its adoption. Intents and Keyless Wallets are set to transform the landscape, making blockchain interactions more accessible, efficient, and secure. As we move forward, the blockchain industry has the opportunity to provide users with a seamless and enjoyable experience, unlocking the full potential of this groundbreaking technology.