Update for all GoC SLP token holders

GoCrypto
GoCrypto Blog
Published in
2 min readMay 20, 2022

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Dear GoCrypto community,

The Simple Ledger Protocol (SLP) has been experiencing issues for some time now. Consequently, multiple major exchanges and wallets are deciding to discontinue the SLP chain.

We highly recommend that all GoC SLP token holders bridge their assets to the smartBCH or BSC chain or send them to the Elly Wallet as soon as possible, where they will remain safe.

CoinFLEX exchange:

We are talking to the CoinFLEX exchange to not delist the GoC token and to offer an automatic switch of all GoC SLP tokens to the smartBCH chain. In this case, CoinFLEX users would not need to take any action on their own. This is a likely outcome of our conversations, however, a more concrete update will follow in the upcoming days.

Bitcoin.com Wallet:

The Bitcoin.com Wallet decided to discontinue the SLP chain. After June 13th, holders will no longer be able to see SLP balances in their wallets. All GoC SLP token holders should bridge their tokens to the smartBCH or BSC chain (MetaMask supported) or move them to the Elly Wallet as soon as possible.

FMFW exchange:

We are discussing possible solutions with the FMFW team, and we will share any updates with our community as soon as possible.

For more information on how to bridge your GoC tokens, please check out our updated tutorial on How to use GoC bridge.

We realize that these circumstances are highly unfortunate and would like to assure you that we will do everything in our power to set up the best possible solutions for all GoC holders. We will continue to update our community with any new information on the SLP topic.

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