aelf Extends its Mainnet Token Swap to December 9, 2022

The swap portal runs for another 3 months and the tutorial is renewed.

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aelf

5 min readSep 9, 2022

It has been one year since aelf commenced the Mainnet Token Swap. Mainnet ELF token is the passport for community users to participate in aelf’s governance. It can be used to pay transaction fees and purchase resource tokens that developers need. Mainnet ELF holders can stake and vote for nodes via aelf explorer and enjoy their rights as aelf ecosystem contributors.

The official swap portal on aelf’s site enables ELF holders to exchange their tokens from networks like Ethereum and BSC to aelf Mainnet. The swap is set at the rate of 1:1, keeping the total supply unchanged.

Besides this portal, 6 of the top-tier exchanges have supported Mainnet ELF: Binance, OKX, Huobi Global, Gate.io, Upbit, and Bithumb. This means that users can withdraw Mainnet ELF from any of these exchanges. Meanwhile, with Binance, withdrawal and deposit are supported in all four networks (AELF, ERC20, BEP2, and BEP20).

Responding to the community’s needs, aelf team decides to extend the swap portal for another 3 months till December 9, 2022. Below is how you can complete a manual swap via this portal.

Swap Tutorial

Install Wallets:

To send ELF from other networks, make sure you have any of these wallets: MetaMask, WalletConnect, or Coinbase Wallet;
To receive Mainnet ELF, please install NightELF extension wallet. Follow this tutorial if you have not registered an aelf wallet account.

Please operate the swap using Google Chrome.

Find ELF in the Sending Wallet

Log in to your sending wallet (using MetaMask for illustration here) and make sure you have added ELF token in the wallet.

If it has not been added, you should first select the source network (the network from which the token will be sent): Ethereum or BSC.

Click [import tokens] and enter “ELF” in the search box, select AELF (ELF) and then click [Next]. On the next page click [Import Tokens], and ELF token is now in your wallet.

Choose Source Network

Visit the portal and choose the source network in the upper right-hand corner.

If the current network you are on is your source network, please go directly to the next step.

If you need to switch from the current network to the other, the sending wallet will be automatically launched and ask for your permission to switch networks. Enter your password to [UNLOCK] and your sending wallet will be connected (then you don’t need to connect your wallet again as instructed in step 4).

Connect the Sending Wallet:

Click [Connect] and choose the sending wallet. Enter your password to unlock it.

Authorize the Contract

After this wallet is connected, you will need to [Approve] the aelf LockMapping Contract using your ELF tokens. On the pop-up wallet interface, you shall scroll to the bottom and click [Confirm].

Note: You need enough ETH (or BNB in the case of BSC network) in your account to pay for transaction fees.

Connect the Receiving Wallet

Click the button [Connect aelf Wallet] to connect your NightELF wallet. Enter your password to unlock it.

Lock ELF

After you have connected both wallets, enter the amount of ELF you want to swap and click [Lock].

Note: If you want to swap more than 5,000,000 ELF, please contact the team first at support@aelf.io.

On the pop-up wallet interface, click [Confirm].

Wait around 1 minute for the transaction to be processed and when it’s completed you will see [Lock Success].

Receive ELF

Click the refresh button to the right of [RECEIVE] and the [Receipt ID] shall be loaded automatically for you to select from the dropdown menu.

Select the Receipt ID and then click [Receive].

Click [Submit] on the next pop-up.

Wait around 1 minute for the transaction to be processed and when it’s completed you will see the Txn ID. Your ELF has been successfully transferred to aelf Mainnet.