Dock update

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    Dock update

    DOCK token migration 

    Dear Dock community,


    We are delighted to announce that we launched the commencement of our token migration earlier this week as planned. For the next 3 months, we are inviting any holders of Dock's ERC20 tokens to migrate them to Dock's new token. 


    The migration process opened on December 8, 2020 at 7pm GMT, and all DOCK token holders must migrate their ERC20 tokens to the new token before midnight March 7, 2021. At the time of writing, 30M tokens have already been migrated! 


    The new tokens will keep the same ticker symbol DOCK and will serve as the payment for network operations, rewards for validators, and voting mechanism in the network's decentralized governance.


    If you are an existing holder, the following links will be useful:


    Incentives
    To encourage the ERC20 token holders to migrate early, Dock is offering two types of incentives for holders who migrate by midnight GMT on January 4, 2021. A pool of 50M tokens (circa $550k USD) will be shared amongst these early birds. Read more here.


    Ways to Migrate

    DOCK holders can swap their tokens directly on Dock's migration portal, or through exchanges. Exchanges are responsible for ensuring their token holders receive the vesting incentives. The participating exchanges are: Binance, Huobi, Kucoin, AAX, BKEX and Big One.


    Tutorials and support

    While we have designed our process to be as secure and user-friendly as possible, there will undoubtedly be times that holders require additional support. Dock is providing this via:

    • Telegram: https://t.me/dockio 

    • Riot (Element):  https://riot.im/app/#/room/#!KpPIERdKQjLTTwsOkn:matrix.org

    • Email: support@dock.io

    Videos and step-by-step guides are also available in our documentation


    Staying safe

    While this period of migration is a hugely exciting time, it's also a period that comes with risk as it is likely that scammers may try to use the event to fraudulently part you from your DOCK tokens. This guide has been written to mitigate those risks in order to ensure this migration is as safe as possible.


    Wishing you all a safe and enjoyable migration experience!!


    Stay safe,


    The Dock team


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