Migration Alert for GuildFi $GF V2 Stakers

Zentry
Zentry
Published in
1 min readMay 8, 2024

As we continue to evolve and enhance the Zentry ecosystem, we are excited to announce an important transition. On May 10th 2024, deposits and withdrawals for GuildFi $GF V2 staking will be paused in order to migrate all tokens to $ZENT in preparation for the upcoming staking system.

What You Need to Know:

Migration Date: All staking operations for $GF V2 will be paused on May 10th 12:00 PM (UTC) to facilitate a smooth transition.

Purpose: This migration is in preparation for the new upcoming Zentry staking system.

Shards: Shards on the current staking platform will be migrated to the new system automatically (V2 stakers will continue to earn shards on the current staking platform up until the migration happens).

How This Affects You:

If you are currently staking $GF V2 tokens, then:

Prepare for Pausing: Be aware that deposits and withdrawals will be temporarily paused on May 10th 12:00PM (UTC) until further notice, but no later than the end of May.

Update: Deposits and withdrawals will resume no later than June 2024.

Migration Process: Users are required to perform a one-step transaction to migrate $GF V2 staking to $ZENT. Shards will migrate automatically.

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