After Seele mainnet launched, the mainnet coins continued to be produced. In response to the demands of Seele mainnet coin holders in the community, we proposed to open an swap channel between Seele mainnet coin and Seele token, and a community survey was conducted on the content of the proposal. At present, the community survey has finished. The proposal for the opening of the swap channel has been supported by more than 95% of community users. Seele mainnet swap will officially commence.
Check the content of the community survey results：https://seelen.pro/#/detail/639
The mainnet swap will be divided into four stages, and the process of each stage is as follows:
First-Mainnet snapshot
Time: 00:00 on August 21st, 2020 (UTC+8)
Process：
1、To take a snapshot of all coin holding addresses and coin holdings on the mainnet.
2、The official announcement of the coin holding addresses and holdings of the snapshot.
Attention：
1、The coin holdings corresponding to the snapshot coin holding address will be the upper limit of the token exchange amount for this address.
Second-Sign up and Account Binding
Time：10:00am, August 28th-10:00am, September 29th, 2020 (UTC+8)
Process：
1、Mainnet coin users go to the official swap page for account registration.
2、Enter the mainnet address and Ethereum wallet address to bind and transfer a random small amount of mainnet coins from the mainnet address to the official address to activate the binding.
3、The official will complete the binding within 1 hour.
Attention：
1、The coin transfer can be performed multiple times, and the swap will be performed according to the total transfer amount of the address after the transfer phase.
2、If the transfer amount is higher than the swap limit, the excess part will be refunded after the swap completes.
3、If the user’s transfer amount is lower than the exchangeable limit, it will be swapped according to the actual transfer amount.
Third-Transfer
Time：10:00am, September 30th-10:00am, October 14th, 2020 (UTC+8)
Process：
1、After the mainnet address and the Ethereum wallet address are bound and activated, the user can check the swap limit in the account center.
2、Transfer the mainnet coins that does not exceed the swap limit to the official address and wait for the swap patiently.
Attention：
1、The coin transfer can be performed multiple times, and the swap will be performed according to the total transfer amount of the address after the transfer phase.
2、If the transfer amount is higher than the swap limit, the excess part will be refunded after the swap.
3、Seele mainnet swap limit will not be accumulated for each batch. If the user’s transfer amount is lower than the swap limit, the swap will be carried out according to the actual transfer amount, and the remaining amount displayed in the system will be cleared after the swap. If this happens, user assets will not suffer any loss, please wait for the next batch of swap patiently.
Fourth-Swap
Time：10:00am October 15th, 2020, -10:00am August 14th, 2021, (UTC+8)
Process：
1、 The official will give out Seele token to the corresponding Ethereum wallet address in the amount of 10% per month according to the total valid amount of binding address, which will be completed within 10 months.
Fifth-Remarks
1、 The swap will be based on the processes. If there is any change during the implementation, the official will make a separate announcement.
2、 Tips for fraud prevention： As the swap process is complex and involves asset transfers, please raise your security awareness, and be sure not to inform others of private information such as private keys and swap system account passwords. If you have any questions during the process, please get contact with us via the official email contact@seelen.pro for help.
Seele Foundation
18th August 2020
