Token Migration
Will WMTx be compatible with Ledger and Trezor?
Yes, WMTX will be compatible with major hardware wallets like Ledger and Trezor. Ensure your wallet firmware is up-to-date.
General information on the Token Migration
What will happen if I don’t migrate my WMT? If you don’t migrate, your WMT may become unusable in the new ecosystem. We recommend migrating to WMTx to retain functionality. Will WMTx and WMT exist simultaneously? No, WMT will be phased out once WMTx ...
What happens to my locked tokens or crypto loans during migration
Locked tokens or tokens used in crypto loans will need to be handled according to your loan provider’s process. Contact them for specific instructions.
What is a token bridge?
A token bridge is a protocol that facilitates the transfer of digital assets, such as cryptocurrencies or tokens, between two separate blockchain networks. It acts as an intermediary, allowing users to move their tokens seamlessly while maintaining ...
What will happen to my WMT on CEXs and DEXs?
For WMT held on centralised exchanges (CEXs), these platforms will be able to automatically upgrade the tokens for their users. You should follow any instructions or deadlines provided by the exchange to ensure your tokens are upgraded successfully. ...
Self-troubleshooting token upgrade issues
While the token migration is straightforward, you might still run into a few issues. Before you look at the troubleshooting guide, please read the instructions on what you need beforehand, in the token migration guide, here. Preparing for the ...
Token Migration Guide
This guide will take you through the process of migrating your WMT to WMTx. Watch the video for a step-by-step guide. Please note: this only video is only relevant for the Cardano WMT-to-Cardano WMTx upgrade now. Preparing for the upgrade Which ...