Closing the Telos-EOS Bridge! (Action required if you hold EOS-based APX!)

Dear APPICS Community!

For the final step before we can start the tokenswap, we will have to CLOSE THE BRIDGE BETWEEN TELOS AND EOS.

⚠️ If your APX tokens are ONLY from rewards you earned in the APPICS App, then you don’t have to do anything.

The following only applies to those who have bought EOS-based APX on newdex exchange!

Users who hold EOS-based APX tokens, for example in their wombat wallet, will need to swap them through our bridge into telos-based APX tokens.

You can find more information and instructions for the Telos-EOS-Bridge in this blogpost.

The bridge was open until now, but needs to be closed before we can move on to the tokenswap.

📣 We will officially close the bridge on MONDAY (22.11.2021)

So if you are still holding EOS-based APX tokens, please swap them to Telos-based APX! Here is a guide that explains how the bridge works, as well as visual step-by-step instructions.

How to swap your APX from EOS to Telos AFTER the bridge has closed — LAST CHANCE (22nd of Nov — 20th of December 2021)

After the bridge closes on Monday, you will still have a 30 days grace period, during which APX token holders on EOS still have the option to swap their APX by sending them to the account “apxtokenswap” and putting their “username@telos” as the memo, where the tokens should be sent to.

In the example on the left, we use the EOS wallet Wombat to send 10000 APX tokens to our Telos wallet “bryanjackson”.

With this option, you would send your APX to an APPICS account and manually receive your Telos-based APX tokens. We will open the “apxtokenswap” account after the bridge will be closed on the 22nd of November 2021, to allow users to claim their tokens until the 20th of December 2021.

However, we strongly recommend to use the first option, directly send your tokens through the EOS-Telos bridge if you can, before Monday!

🚨 After the 20th of December 2021, the second (last chance) option will also be closed and you will no longer be able to swap your EOS-based APX tokens, which may result in a permanent loss of your tokens! 🚨

This is the last important step that needs to be completed before we can announce the start of the Tokenswap in the next update.

Have a great weekend everyone! ☀️

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APPICS is a next generation, reward-based social media APP that lets users monetize the time and creativity they spend on social media.

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APPICS

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APPICS is a next generation, reward-based social media APP that lets users monetize the time and creativity they spend on social media.

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