Discover the excellent news for the Tokpie community. Today, the team has made a partial migration of the TKP token from ERC20 to BEP20. Therefore, 10% of tokens previously circulated on the Etherem (ERC20) chain moved to the Binance Smart Chain (BEP20). Important to note that the total supply of TKP tokens stays the same: 100M. So, it is not changed.
How was partial migration made?
For 10% tokens migration, Tokpie’s devs performed two simple steps.
- Tokpie issued 10М TKP tokens on Binance Smart Chain: https://bscscan.com/token/0x7849ed1447250d0b896f89b58f3075b127ca29b3
- Simultaneously, developers moved 10M TOKPIE (TKP) ERC20 to the public address for storing. Therefore, these 10M tokens (ERC20) will stay idle while the same amount of coins are circulating on the Binance Smart Chain. Anyone can check it on Etherscan at any time to be sure that the total supply is unchanged.
What’s TKP (BEP20) token?
TKP (BEP20) token is the same cryptocurrency as TKP (ERC20) token. So, both these coins have similar utility values and the conversion rate is 1:1.
- Token Name: TOKPIE
- Symbol: TKP
- Circulation supply: 10,000,000 (10% from ERC20 total supply)
- BSC Smart contract address: 0x7849ed1447250d0b896f89b58f3075b127ca29b3
Advantages of partial migration?
The first advantage of partial migration is avoiding high Ethereum gas fees. Also, this action allows trading TKP for BNB on PancakeSwap now! As a result, more people will know about our exchange platform. Moreover, the bridge between chains is available. So, learn how to convert between chains in the next paragraphs.
How to convert TKP from ERC20 to Binance Smart Chain?
To convert TOKPIE (TKP) tokens as 1:1 from ERC20 to Binance Smart Chain, do three steps:
How to convert TKP from Binance Smart Chain to ERC20?
To convert TOKPIE (TKP) tokens as 1:1 from Binance Smart Chain to ERC20, do simple steps:
For any questions about trading bounty stakes, contact Tokpie at https://t.me/tokpie.