PRECAUTIONS FOR BORA TOKEN HOLDERS

BORA
BORA
Published in
2 min readSep 17, 2021

On November 1, 2021, the Mainnet of BORA will be transferred to Klaytn.

In accordance with Mainnet migration, BORA tokens (ERC-20) will be swapped with new BORA tokens (KCT, Klaytn Compatible Token).

We hereby give you a notice of precautions for BORA token holders as follows.

— Unofficial De-Fi service

  • If you deposit BORA tokens in De-Fi service which is not BORA official partnerships, please note that deposits and withdrawals in such De-Fi service may not be possible after Mainnet transfer.
  • If you are Token holders who use De-Fi service which is not BORA official partnerships, please transfer BORA tokens to Upbit, Bithumb, Coinone exchanges or BORA ecosystem before Mainnet transfer (UTC: until 01:00 am on October 29th).

— Unofficial cryptocurrency exchange

  • Please transfer BORA tokens to Upbit, Bithumb, Coinone exchanges or BORA ecosystem before Mainnet transfer (UTC: until 01:00 am on October 29th).
  • BORA tokens deposited on cryptocurrency exchanges other than Upbit, Bithumb, and Coinone may not be able to deposit and withdraw after Mainnet transfer. In the case of Coinsuper, we are discussing about Mainnet transfer with them, but for the safest token swap, we recommend moving your BORA tokens deposited in Coinsuper to the BORA ecosystem.

Please refer to the 1st notice (link) for the Mainnet transfer and token swap schedule.

2nd notice for the Mainnet transfer with detailed schedule will be posted soon.

Thanks

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