Key Migration Details
Snapshot Block: #12977777
Snapshot Date & Time: Tuesday, February 25, 2025, at 09:44:18 AM (UTC+4)
New Mainnet Chain ID: 488
New Testnet Chain ID: 4888
New Smart Contract RPC (Mainnet): https://rpc.blackfort.network/mainnet/rpc
New Smart Contract RPC (Testnet): https://rpc.blackfort.network/testnet
Token Swap Ratio: 1:1 (No change to total supply or token distribution)
1. General Migration Information
Why Migrate?
The move to a new blockchain infrastructure and updated smart contract is designed to:
Improve Performance: Faster transaction times and reduced network congestion.
Enable Future Features: Prepare for advanced DeFi integrations, staking mechanisms, and more.
Streamline Operations: Simplify the token lifecycle and support advanced governance and scalability.
Snapshot Details
A snapshot of all BXN token balances will occur at block #12977777 on February 25, 2025, precisely at 09:44:18 AM (UTC+4). This snapshot captures each wallet’s BXN balance, ensuring a 1:1 token swap on the new chain.
Token Swap Ratio
Holders will receive 1 new BXN token for every 1 old BXN they currently hold. There is no change in token supply or distribution; it’s purely a migration to a new chain ID (488).
2. How Holders Can Swap
No User Action Required
BXN holders do not need to perform any manual swap. All balances will be migrated automatically at the snapshot.
Steps for Users Post-Migration
Add the New Network to Your Wallet
If you use MetaMask, Trust Wallet, or similar self-custodial wallets, you’ll need to add the new Chain ID 488.
RPC details are:
Mainnet RPC: https://rpc.blackfort.network/mainnet/rpc
Chain ID: 488
Use BlackFort Wallet as Usual
The BlackFort Wallet will automatically integrate the new blockchain. No extra steps are needed.
Do Not Send Old BXN Anywhere
Balances will be copied to the new chain at the time of the snapshot. Any old BXN tokens will cease to be functional post-migration.
3. Process for CEXs
Coordinated Migration
All centralized exchanges (CEXs) listing BXN must coordinate with the BlackFort team to:
Implement the new Chain ID (488)
Suspend deposits and withdrawals during the snapshot window
Resume operations once the new BXN tokens have been distributed
Important Steps for CEXs
Suspension of Deposits & Withdrawals
To ensure accurate balances, CEXs should disable BXN deposits and withdrawals before block #12977777.
Snapshot & Recognition
Exchanges must recognize token holdings at the snapshot block on February 25, 2025.
Use the New Chain
Post-migration, all BXN trading should occur only on Chain ID 488. The old mainnet should be considered abandoned.
Airdrop of New BXN
Once the new tokens are live, CEXs will receive 1:1 new BXN tokens based on the snapshot.
4. Holders & CEXs Swap via Airdrop – Airdrop Timing
Immediate Airdrop Post-Snapshot
The token migration (airdrop) begins immediately after block #12977777 on February 25, 2025. Users can expect:
Migration Completion: 4–5 hours after the snapshot
Exchange Notification: CEXs will be informed once new tokens are fully distributed
5. Can Users Swap After February 25, 2025?
Automatic & Final Swap
The BXN token swap occurs automatically during the 4–5 hour migration window after the snapshot. There will be no further manual swap available afterward. Post-migration:
Old BXN tokens become non-transferable or invalid.
New BXN tokens on Chain ID 488 will be the sole recognized version of BXN.
Exchange Coordination is Crucial
CEXs must have:
Suspended deposits/withdrawals before the snapshot
Updated their systems to Chain ID 488
Recognized the new BXN tokens once the swap is done
Any delays in preparation could disrupt user balances or trading activity. Hence, exchanges are strongly advised to coordinate well in advance.
Final Notes & Contact
No Additional Fees: The migration does not incur any extra fees for holders.
Monitor Updates: Stay connected to BlackFort’s official channels for the latest news and announcements.
Support: For technical issues or questions, reach out to [email protected]
Summary
Date & Snapshot: February 25, 2025, block #12977777 (09:44:18 AM, UTC+4)
Chain Upgrade: Old chain → Chain ID 488
User Action: None required; tokens migrate automatically.
CEX Action: Suspend trading around snapshot, coordinate with BlackFort for the new chain.
Token Supply: Unchanged, 1:1 swap ratio.
Post-Migration: Only the new BXN on Chain ID 488 remains valid.
By following these instructions and ensuring you’re prepared for the snapshot, holders and exchanges alike will experience a smooth, efficient migration that sets BXN up for long-term growth and enhanced blockchain capabilities.