The Big Migration: Upgrading to BlockBlend V2 Update

Introduction

BlockBlend
2 min readJul 22, 2023

We officially announced the migration from V1 (Binance Smart Chain) to V2 (Ethereum) in April and our community has enthusiastically embraced the move to the new chain. With this migration the project has many new opportunities for growth and innovation. In this article, we will provide information on the migration deadline (important!) and summarize the migration instructions for those that have yet to migrate.

Migration Deadline and Bonus Tokens

The deadline for migration is set for July 28th, 2023, at 23:59 UTC, we have provided our holders with a generous three-month window to complete the migration process. Holders who select the “Migrate & Stake with 5% extra tokens and NFT whitelist” option will receive a 5% bonus on their migrated tokens.

Airdropped Tokens and Gas Fee Relief

One of the significant changes in the migration was the distribution of new tokens through airdrops. We understood that paying for Ethereum gas can be a hassle, so we took the correct steps to ensure that our loyal holders were rewarded without incurring additional costs. Instead of needing to claim your tokens, we automatically send the new V2 tokens via airdrops.

Liquidity Extraction and Migration Platform Launch

To ensure a smooth transition, we extracted liquidity from PancakeSwap on April 28th, 2023. Our migration platform was set to open on the same date, allowing users to begin the process of upgrading their tokens seamlessly.

Important Steps for Migration
Here’s a step-by-step guide on how to migrate your tokens to BlockBlend V2:

• If you have staked $BBL or $BBL/$BNB LP tokens, start by harvesting and then un-staking from the farms.
• Visit the official migration site: https://web-sepia.vercel.app/migration
• Select the correct network where your existing tokens are located.
• Choose the specific tokens you wish to migrate (BBL Tokens or BBL / BNB LP).
• Select your preferred migration plan — “Migrate & Stake with 5% extra tokens and NFT whitelist” or “Migrate without extra tokens.”
• The number of tokens in your wallet should be automatically populated on the Amount tab.
• Click “Allow” and approve the migration transaction (first transaction). Wait for the pop-up confirmation.
• Click “Confirm transaction” and approve again (second transaction).
• Refresh your screen, and you’ll see that your tokens have successfully migrated. Congratulations!

Conclusion

The migration has been an important milestone for our community, and we are committed to ensuring a seamless and rewarding process for all our loyal holders. We appreciate your continued support and enthusiasm as we evolve and grow together. Don’t miss the deadline and we look forward to big things as a project and community. Privacy is a critical service in the blockchain space, and BlockBlend will be the most established, reliable project providing that service as the next bull run begins!

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BlockBlend
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