🔁Migration Status Updates
This page will list all the updates as we upgrade EG from v1 to v2 and migrate holders to the new token.
13th February 2024
Migration to EG v2 closed - https://news.egtoken.io/1896
19th February 2023
The process of removing liquidity from existing PancakeSwap pools was completed.
EG v1 owner wallet had the following tokens:
BNB
5.8406
ELONGATE
19,136,729,980,474
BUSD (Tech Fund)
85,343
Liquidity was pulled from PancakeSwap v1 pool, and 97 BNB were extracted.
The owner's wallet now had the following tokens:
BNB
103.2268
ELONGATE
19,169,260,203,312
BUSD
85,343
PancakeSwap v1 pool has locked liquidity. So the 19 Trillion tokens were sold against the v1 pool to extract 469 BNB. These were done in 3 transactions:
1
200
2
200
3
69
The owner's wallet now had the following tokens:
BNB
572.2268
ELONGATE
0
BUSD
85,343
PancakeSwap v2 pool liquidity was unlocked, so we were able to extract 907 BNB
The owner's wallet now had the following tokens:
BNB
1479.2268
BUSD
85,343
PancakeSwap v2 pool is now fully drained.
We received 77 Trillion Tokens into EG v2 wallet owner, from EGMigrate. These are from holders migrating their tokens to v2.
Half of these 77 trillion tokens were sold against the locked PancakeSwap v1 pool to extract 561.814 BNB. These were done in 3 transactions:
1
200
2
200
3
161.814
The owner's wallet now had the following tokens:
BNB
2041.814
ELONGATE
0
BUSD
85,343
2040 BNB was sent to EG v2 owner wallet in 2 transactions
1 BNB test transaction - https://bscscan.com/tx/0x21a26bb8b8b53fa30088c7e7206f985e7e18d0fded199d62011d9e7acc99bf05
2039 BNB transaction - https://bscscan.com/tx/0x21a26bb8b8b53fa30088c7e7206f985e7e18d0fded199d62011d9e7acc99bf05
80 BNB will be put into the Marketing Wallet
360 BNB will be put into the Tech Wallet
1600 BNB ($500K USD) will be paired with the remaining EG tokens (roughly 46 Trillion at the time of writing, 460 Million after conversion to V2) to provide initial liquidity on EG v2
EG v2 Launch Stats
Starting price for EG v2 will be 0.00094
Initial Market cap will be $5.6 Million ($5,640,000)
18th February 2023
MEXC have confirmed that they will support EG v2 Launch. If you are holding ELONGATE tokens on MEXC, the exchange will swap them for you. More details here - https://support.mexc.com/hc/en-001/articles/15726491479705
13th February 2023
EGMigrate is Live and token holders are now able to connect their wallets and safely migrate to EG v2
12th February 2023
From this point onwards, DO NOT transfer your V1 tokens from one wallet to another, you will lose all your tokens!
Only connect your wallet to EGMigrate to migrate your V1 tokens to V2.
You can still unstake without penalty and it will not be affected (i.e you will not lose your tokens)
11th February 2023
10th February 2023
Whitepaper Released
V2 Audits Completed
V2 Website Live & V1 website redirects to V2
V2 Mainnet Deployed
EG Migrate Deploy & setup completed
Fee from unstaking removed. Community told to remove tokens from the vault ASAP to get ready for migration.
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