Dear TomoChain community,
We would like to update you on the latest decision regarding the IDEX support program.
Before TomoChain launched its mainnet, it has been recommended that the buyer shall have an Ethereum Wallet where the buyer has full control over the private key to it since the token distribution might be carried out using specially deployed smart contracts. The use of any exchange wallets to receive purchased tokens may lead to the loss of all tokens.
Following TomoChain’s mainnet launch in December, 2018, we used a contract to map TOMO native 1-1 with TOMO ERC-20 and all the Ethereum’s TOMO ERC20 addresses received a corresponding 1-1 TOMO native token on TomoChain public chain using the same addresses automatically. You can hold your unique account indefinitely and never lose your coins in this case.
In the case of IDEX, the exchange holds all TOMO ERC-20 in one mother wallet, and we are not fully certain of IDEX’s technology & security to determine which sub wallet holds which token and how much. TomoChain team decided to withhold the IDEX native TOMO and support a manual conversion for IDEX users for the last two years 2019, 2020. The submission was closed in January 2021 and we sought legal advice on how to continue in this case.
Following our recent legal counsel’s guidance, we will continue with this plan to support users.
Legacy IDEX users have 2 options:
- Seeking support from IDEX team:
A portion of remaining TOMO native balance was sent to the IDEX’s address that holds TOMO ERC-20 at 0x2a0c0dbecc7e4d658f48e01e3fa353f44050c208. TomoChain Lab has no control over the address 0x2a0c0dbecc7e4d658f48e01e3fa353f44050c208, and IDEX may have the private key to this address. The transaction here Transaction 0x3f1114af49316bdab919301969f801a5627ecd4d5ac21988221c772cffc0a9c8 Info IDEX users can contact IDEX for further support.
TomoChain is willing to coordinate with the IDEX team to support TOMO ERC20 holders and will send more TOMO (native) to the above IDEX address once the initial fund runs out.
- Seeking support from the TomoChain Lab team:
The remaining 500K of TOMO is in TomoChain Lab’s custody. We will provide support for conversion on a monthly basis indefinitely, and charge 5% of the proceeds (minimum of 100 TOMO) for the processing, custody and transaction fees. We will continue our support and collaborate with IDEX until all the remaining TOMO native funds run out.
Fill in the form: TomoChain Swap Support for whom left TOMO ERC20 on IDEX
TomoChain Lab provides technology and infrastructures to the TomoChain public chain and its ecosystem. Our mission is to build TomoChain public chain as an essential part of the Financial Internet.