As we embark on the completion of our token upgrade, the V1 to V2 migration automatic migration portal will officially close on the 24th June, 2022 at 20:00 UTC.
What will happen when the migration portal website closes?
Closing of the portal will cease offerings of the automatic migration which was provided to holders to claim their V2 tokens for a period of 60 days. The portal will no longer be able to provide tokens.
As the portal closes, the team has decided to celebrate with an immediate token reduction! YES! This means a token burn which equals to $125,000 USD at the time of writing this article, will take place upon the closure of the migration portal to celebrate the success of the V2 token migration!
What does this mean for holders still currently holding their V1 tokens who want to migrate to the V2 contract?
Token holders who do hold V1 tokens after the 24th June will need to lodge a support ticket to assist them in their token migration, each ticket will be dealt with manually and the outcome will be based on a case by case basis and the outcome of the ticket will vary.
Click here — support@kleeenterprises.zendesk.com
How many tokens have been migrated to the V2 contract?
At the time of this article, 82.2% (82.2 Quadrillion) of tokens have been officially migrated. There is a total is 17.8% (17.8 Quadrillion) tokens that are currently available and unallocated.
What will happen to the unallocated tokens?
The unallocated supply of tokens will be allocated in various ways to promote the $KLEE ecosystem, see the allocated disbursement below;
Supply reduction wallet — 40% of the available unallocated tokens
Growth wallet — 40% of the available unallocated tokens
Deployer wallet — 20% of the available unallocated tokens
What is the Supply reduction wallet? What will it be used for?
This wallet will contain 40% of the available unallocated tokens and will be used to send tokens through to the burn (dead) wallet over the time of the project to reduce available supply in circulation of the $KLEE tokens.
The Reduction wallet is: 0x28191e0F178Cac326Bd8d816AeeD13eecfEF4F48
What is the Growth wallet? What will it be used for?
This wallet will contain 40% of the available unallocated tokens and will be used to hold tokens that are used as liquidity on Centralized exchanges (CEX) upcoming and old when liquidity is required. Tokens in this wallet will also be used in the ecosystem for topping up of the rewards/claiming contract which operates our Play-To-Earn (P2E) system.
The Growth wallet is: 0x53f01c67AC1222ADFa2672Dc0248Ea80Fc5e341d
What is the Deployer wallet? What will it be used for?
This wallet will contain 20% of the available unallocated tokens and will be used to hold tokens that may be required to perform V2 token migrations for holders who lodge a support ticket to have their tokens migrated.
The Deployer wallet is: 0xb19ea1d1b9ede773e4b86b1e913236e0daeaf808
We thank you all for your continued patience with the contract migration and look forward to the future of the complete $KLEE ecosystem!
