ABI v2 migration & token swap

Hi everyone,

As recently voted, the ABI token will be undergoing some major changes. This article will help you navigate those with action items on your end. Actions to be taken with dates:

  1. Deploy new ABI token on mainnet - Monday 31st July 2023

  2. Pull LP from Polygon and ETH - Sunday 30th July 2023

  3. Snapshot of ABI, sABI, pABI holders - Monday 31st July 2023 UTC 12pm

  4. Open Claim for ABI on Ethereum Mainnet - Friday 4th Aug 2023

  5. Airdrop sABI, gABI holders on arbitrum - Aug 8th 2023

  6. Launch LP for ABIv2 on Ethereum - Monday 31st July 2023

  7. Launch new Gauge on Timeless Finance - Monday 31st July 2023

  8. Airdrop pABI holders - Aug 8th 2023

  9. Deploy limited LP on Arbitrum - Aug 10th 2023

    Some steps e.g. airdrops may happen before the dates given, depending on everything else going to schedule.

    READ BELOW FOR ACTIONS BASED ON TOKEN TYPE:

ABI Holders on Ethereum & Polygon

You will need to claim using a claim page. The link will be available on app.abachi.io

If you want to be able to use ABI with ETH right away, this is the fastest way. Make sure you unstake your ABI from the app.abachi.io website and only have ABI sitting in your wallets on snapshot day.

sABI, gABI & pABI holders

sABI and gABI users will be airdropped ABI on arbitrum (pending tests). If all tests go forth without an issue, the same address that is holding sABI or gABI will be credited the new tokens via an airdrop. We will announce when this is completed in our socials. This will happen after the claim goes live, so if you want to be able to trade / use ABI day 1, please read above. pABI holders need to do nothing. They will be airdropped the new token on Mainnet.

Vested pABI holders who have gABI locked and vesting, please open a support ticket in our discord. These will need to be handled manually and will also be airdropped.ABI/WETH LP Providers

Please REMOVE your LP before the snapshot date. However any ABI holders may claim using our app at any time after the migration is completed, however if you run into issues, please open a ticket.

FAQS:

  1. The new LP will be set at the exact same price as the current LP (when the current one is pulled).

  2. The plan is still to deploy on zksync, and the bonds will go live on zksync. Since there are no good dexs on zksync yet, we are delaying airdropping to it directly.

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