TOMO to TOMOB, simply explained.

Firstly, this announcement below is a great primer, please give it a quick read first, this covers the essentials:

• Use TomoBridge (https://bridge.tomochain.com) to swap TOMO for TOMOB (on Binance Dex)
• Proposal to list on Binance Dex has been submitted, with a high chance of approval if we can reach our swapping target.

TomoChain collaborates with Binance to create a cross-chain bridge to bring TOMO to Binance Chain.

Outline of this post:

1. Key call to action for TomoChain community RIGHT NOW

2. Is it a migration? Is it a swap? Can I get my tokens back (yes)

3. What if we don’t reach the 2 million TOMO target?

4. Secondary objective: Binance Chain Forum community support.

What should the TomoChain community be focused on doing right now?

The primary call to action right now is simple: use TomoBridge to swap TOMO for TOMOB as soon as possible. The deadline is coming fast on 3rd July. End of day.

• If you are a MasterNode (MN) host: thank you for your support — do as little or as much as you are willing without compromising your MN status. An example: if a MN’s rank goes from 1st to 150th, the reward is higher. Hence, if unvoting makes a MN’s ranking higher but status remains the same — the net reward is actually higher.
• If you are a Tomo holder and supporter — what are you waiting for, you already know what to do!

Is it a migration? Is it a bridge? Is it a swap?

Let’s not get hung up on the wording, this is what’s happening very simply:

• Right now, it is a one-way swap from TOMO to TOMOB
• It is “locked” for about 3 months, and then two-way swap will be available, and you can swap TOMOB, back to TOMO.
• You can trade TOMOB for BNB and then back to native TOMO (if our proposal to list is accepted)

Won’t my tokens be locked up for 3 months? What about my staking rewards?

• Unfortunately, you will not receive any staking rewards for $TOMOB
• The tradeoff is that we will list on Binance Dex successfully if can reach the 2 million TOMO target.

What if we don’t reach the 2 million target? Will we still be listed on Binance Dex?

• TomoChain team will not push something forward without a high chance of success.
• This target is a critical milestone and it is important for us to reach towards it. We have planned carefully, and we are confident that together, the community, our investors, and MN holders and supporters to rally together to reach this target together.

Here is the bottom line:

• If we don’t reach the target, we may still be listed
• If we reach the target, or close to — then we would have met the optimal requirements for a Binance Dex listing proposal.

Secondary objective: Binance Chain Forum fanfare

• Reminder: the first thing you must do is swap TOMO for TOMOB before the deadline (for 2m target)
• After you have done that, come here and show your support for TOMO to Binance community (more details on this later)

Proposal for listing TomoChain (TOMO) on Binance DEX

This way, the TomoChain community is showing Binance and the rest of the crypto world:

• Our strength in numbers
• We are well funded
• That we are organised and we can coordinate to reach a challenging, but achievable objective, together

This is the moment you have all waited so eagerly for, isn’t it?

Let’s show Binance, and let's show the rest of the crypto world, not only the TomoChain project on a technical level, but the amazing community that we have in TomoChain.

Stop reading. Start swapping.

See you on Binance Dex.