{"id":7904,"date":"2019-01-04T08:43:03","date_gmt":"2019-01-04T08:43:03","guid":{"rendered":"https:\/\/nkn.org\/community\/blog\/nkn-token-swap-nep-5-to-erc-20\/"},"modified":"2019-01-04T08:43:03","modified_gmt":"2019-01-04T08:43:03","slug":"nkn-token-swap-nep-5-to-erc-20","status":"publish","type":"post","link":"https:\/\/nkn.org\/ru\/community\/blog\/nkn-token-swap-nep-5-to-erc-20\/","title":{"rendered":"NKN token swap: NEP-5 to ERC-20"},"content":{"rendered":"<h3>Summary<\/h3>\n<ul>\n<li>One NEP-5 NKN token swap to One ERC-20 NKN token (1:1 ratio)<\/li>\n<li>Exchanges such as <a href=\"https:\/\/gate.io\" target=\"_blank\" rel=\"noopener noreferrer\">gate.io<\/a> and Bilaxy support automatic swap for its customers<\/li>\n<li>Use NKN\u2019s official web-based token swap tool <a href=\"https:\/\/swap.nkn.org\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/swap.nkn.org<\/a>\u00a0, if you hold the tokens in private wallets.<\/li>\n<li><strong>Token swap deadline is March 28th, 2019.<\/strong><\/li>\n<li>This token swap has nothing to do with NKN test tokens (tNKN) which are mined on NKN\u2019s public testnet.<\/li>\n<li>There is no change to total number of token issued or token economics.<\/li>\n<\/ul>\n<h3>Timeline<\/h3>\n<figure>\n<p><img decoding=\"async\" data-width=\"1280\" data-height=\"502\" src=\"https:\/\/cdn-images-1.medium.com\/max\/800\/1*CXnMgL8Ob5yVnQ62OGHC4A.png\"><br \/>\n<\/figure>\n<h3>Why<\/h3>\n<p>Based on feedback from community members, institutional investors and leading digital asset exchanges, NKN\u2019s Project team propose to swap the current NEP-5 based NKN tokens to ERC-20 based tokens. This will enable improved liquidity as well as leveraging the larger ecosystem built by Ethereum.<\/p>\n<h3>What<\/h3>\n<ul>\n<li>Swap one NEP-5 based NKN tokens (Asset address: <a href=\"https:\/\/neotracker.io\/asset\/c36aee199dbba6c3f439983657558cfb67629599\" target=\"_blank\" rel=\"noopener noreferrer\">c36aee199dbba6c3f439983657558cfb67629599<\/a>) to one ERC-20 based tokens (contract address: <a href=\"https:\/\/etherscan.io\/token\/0x5cf04716ba20127f1e2297addcf4b5035000c9eb\" target=\"_blank\" rel=\"noopener noreferrer\">0x5Cf04716BA20127F1E2297AdDCf4B5035000c9eb<\/a>). The swap ratio is 1:1.<\/li>\n<li>This move does not impact the content nor the schedule of NKN mainnet launch, currently planned for June 2019.<\/li>\n<li>This token swap has nothing to do with NKN test tokens (tNKN) which are mined on NKN\u2019s public testnet.<\/li>\n<li>There is no change to total number of NKN token issued or token economics.<\/li>\n<\/ul>\n<h3>How<\/h3>\n<ol>\n<li>If you are a customer of exchanges (such as gate.io, Bilaxy)and store your NKN tokens there, exchange will carry out the swap automatically. Please follow exchange\u2019s official notice and instructions.<\/li>\n<li>If you store your NKN tokens in a personal NEO based wallet (such as O3 Wallet, NEON Wallet), please use NKN\u2019s token swap web tool (<a href=\"https:\/\/swap.nkn.org\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/swap.nkn.org<\/a> ). Detailed instructions are on the swap website under Help-&gt; Tutorial and also published on NKN\u2019s Medium: <a href=\"https:\/\/medium.com\/nknetwork\/guide-nkns-official-token-swap-web-tool-375c5c48a87a\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/medium.com\/nknetwork\/guide-nkns-official-token-swap-web-tool-375c5c48a87a<\/a>\n<\/li>\n<li>If you store your NKN tokens on any other digital asset exchange<\/li>\n<\/ol>\n<ul>\n<li>You can wait until the exchange and NKN agree upon a time to swap within the trading platform.<\/li>\n<li>Or you can withdraw NKN tokens from that exchange and deposit into a NEO based wallet (e.g. O3 or NEON). Then follow instructions in step 2.<\/li>\n<\/ul>\n<h3>FAQ<\/h3>\n<ol>\n<li><strong>How long will this token swap take? Are there any cut-off date?<\/strong><\/li>\n<\/ol>\n<ul>\n<li>For Exchange (e.g. gate.io, Bilaxy) customers, please follow exchange official notice and instructions.<\/li>\n<li><strong>The deadline for token swap is 23:59 UTC, March 28th, 2019<\/strong><\/li>\n<\/ul>\n<p><strong>2. How safe is the token swap?<\/strong><\/p>\n<ul>\n<li>Safety of digital asset for NKN token holders is of ultimate importance to NKN project team. Therefore we carry out all necessary precautions and planning.<\/li>\n<li>Please only use the official NKN token swap web tool <a href=\"https:\/\/swap.nkn.org\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/swap.nkn.org<\/a>\u00a0, or via exchanges (such as gate.io). Do not fall for scams that claim to be NKN team members or use spoofed website.<\/li>\n<li>We have a transaction record mechanism in our token swap web tool. If for any reason the swap transaction is not confirmed for a long time (for example, 4 hours or more), please record your order ID so our customer support staff <a href=\"http:\/\/swap@nkn.org\" target=\"_blank\" rel=\"noopener noreferrer\">swap@nkn.org<\/a> can help you track the issue.<\/li>\n<\/ul>\n<p><strong>3. What will happen to the NEP-5 smart contract?<\/strong><\/p>\n<ul>\n<li>NEP-5 smart contracts will stay intact, and will be locked to prevent further transfer or trade after the token swap deadline.<\/li>\n<li>You can monitor the NEP-5 assets here: <a href=\"https:\/\/neotracker.io\/asset\/c36aee199dbba6c3f439983657558cfb67629599\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/neotracker.io\/asset\/c36aee199dbba6c3f439983657558cfb67629599<\/a>\n<\/li>\n<\/ul>\n<p><strong>4. Can you publish the new ERC-20 smart contracts?<\/strong><\/p>\n<ul>\n<li>You can monitor the ERC-20 smart contract here: <a href=\"https:\/\/etherscan.io\/token\/0x5cf04716ba20127f1e2297addcf4b5035000c9eb\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/etherscan.io\/token\/0x5cf04716ba20127f1e2297addcf4b5035000c9eb<\/a>\n<\/li>\n<li>We will publish the team wallet address for entire community to monitor.<\/li>\n<\/ul>\n<p><strong>5. Have you done security audit of the NKN ERC-20 smart contracts?<\/strong><\/p>\n<ul>\n<li>Yes, we have contracted with reputable auditing service (<a href=\"https:\/\/certik.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">CertiK<\/a>) to carry out comprehensive security audit of our ERC-20 smart contract. We have received their report on December 27th, 2018.<\/li>\n<li>We have successfully passed the security audit with following summary: \u201cCertiK believes this smart contract passes security qualification to be listed on digital asset exchange.\u201d<\/li>\n<\/ul>\n<h3>About NKN<\/h3>\n<p>NKN is the new kind of P2P network connectivity protocol &amp; ecosystem powered by a novel public blockchain. We use economic incentives to motivate Internet users to share network connection and utilize unused bandwidth. NKN\u2019s open, efficient, and robust networking infrastructure enables application developers to build the decentralized Internet so everyone can enjoy secure, low cost, and universally accessible connectivity.<\/p>\n<figure>\n<p><img decoding=\"async\" data-width=\"1000\" data-height=\"316\" src=\"https:\/\/cdn-images-1.medium.com\/max\/800\/0*mnoh3B3NBl5NC2nV\"><br \/>\n<\/figure>\n<p>Home:<a href=\"https:\/\/nkn.org\/ru\/\" target=\"_blank\" rel=\"noopener noreferrer\"> https:\/\/nkn.org\/<\/a><\/p>\n<p>Email: <a href=\"mailto:contact@nkn.org\" target=\"_blank\" rel=\"noopener noreferrer\">contact@nkn.org<\/a><\/p>\n<p>Telegram:<a href=\"https:\/\/t.me\/nknorg\" target=\"_blank\" rel=\"noopener noreferrer\"> https:\/\/t.me\/nknorg<\/a><\/p>\n<p>Twitter:<a href=\"https:\/\/twitter.com\/NKN_ORG\" target=\"_blank\" rel=\"noopener noreferrer\"> https:\/\/twitter.com\/NKN_ORG<\/a><\/p>\n<p>Medium:<a href=\"https:\/\/medium.com\/nknetwork\" target=\"_blank\" rel=\"noopener noreferrer\"> https:\/\/medium.com\/nknetwork<\/a><\/p>\n<p>Linkedin:<a href=\"https:\/\/www.linkedin.com\/company\/nknetwork\/\" target=\"_blank\" rel=\"noopener noreferrer\"> https:\/\/www.linkedin.com\/company\/nknetwork\/<\/a><\/p>\n<p>Github:<a href=\"https:\/\/github.com\/nknorg\" target=\"_blank\" rel=\"noopener noreferrer\"> https:\/\/github.com\/nknorg<\/a><\/p>\n<p>Reddit:<a href=\"https:\/\/www.reddit.com\/r\/nknblockchain\" target=\"_blank\" rel=\"noopener noreferrer\"> https:\/\/www.reddit.com\/r\/nknblockchain<\/a><\/p>\n<p>Discord:<a href=\"https:\/\/discord.gg\/yVCWmkC\" target=\"_blank\" rel=\"noopener noreferrer\"> https:\/\/discord.gg\/yVCWmkC<\/a><\/p>\n<p>YouTube:<a href=\"http:\/\/www.youtube.com\/c\/NKNORG\" target=\"_blank\" rel=\"noopener noreferrer\"> http:\/\/www.youtube.com\/c\/NKNORG<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Summary One NEP-5 NKN token swap to One ERC-20 NKN token (1:1 ratio) Exchanges such as gate.io and Bilaxy support automatic swap for its customers Use NKN\u2019s official web-based token swap tool https:\/\/swap.nkn.org\u00a0, if you hold the tokens in private wallets. Token swap deadline is March 28th, 2019. This token swap has nothing to do [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5954,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"mc4wp_mailchimp_campaign":[]},"categories":[256,257,228],"tags":[432,511],"acf":[],"_links":{"self":[{"href":"https:\/\/nkn.org\/ru\/wp-json\/wp\/v2\/posts\/7904"}],"collection":[{"href":"https:\/\/nkn.org\/ru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nkn.org\/ru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nkn.org\/ru\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/nkn.org\/ru\/wp-json\/wp\/v2\/comments?post=7904"}],"version-history":[{"count":0,"href":"https:\/\/nkn.org\/ru\/wp-json\/wp\/v2\/posts\/7904\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nkn.org\/ru\/wp-json\/wp\/v2\/media\/5954"}],"wp:attachment":[{"href":"https:\/\/nkn.org\/ru\/wp-json\/wp\/v2\/media?parent=7904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nkn.org\/ru\/wp-json\/wp\/v2\/categories?post=7904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nkn.org\/ru\/wp-json\/wp\/v2\/tags?post=7904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}