ZPT & GALA mapping and token swap — IMPORTANT NOTICE
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Our mainnet launch is just around the corner and we want to make sure all of you are prepared for our token swap in order to avoid any unnecessary token loss.
ZPT and Gala mapping will begin when block height will reach 2670670 ( It is estimated between August 28th & 29th, depending on the real-time block height).
After target block is reached, dont make any ZPT or Gala transactions until mapping is completed. Do not send ZPT or Gala to CryptoGalaxy or make any other transactions as it will affect the mapping process and will result in token loss.
Exchanges will suspend ZPT withdrawals and deposits on August 25th. We expect the mapping to be done by September 5th. At that time, withdrawals and deposits will be restored. Please wait for our official announcement on when service will be back to normal.
ZPT and Gala holders should follow guidelines as below to proceed:
1. If a user stores his assets in NEP-5 wallet, he can access his ZPT and Gala mapped into MainNet via ZeeWallet without doing anything, just using private key to access the new ZeeWallet.
2. Users who have stored ZPT in exchanges that support the token immigration don’t need to anything.
Here are the exchanges that will support token swap: KuCoin, Gate, Lbank.
Those users who store ZPT in other exchanges must transfer ZPT to above 3 exchanges or any NEP-5 wallet, or otherwise it will be irretrievable after that block height is reached.
3. For any one who stores ZPT in cold wallet and can’t access the private key, in order to get mapped token from MainNet, he must transfer his token from cold wallet to NEP-5 wallet with a backup private key, or transfer to above exchanges, prior to block 2670670;
4. ZPT and Gala that are previously staked or locked up for participation in CryptoGalaxy, GalaHub and GalaBox will be readily accessible to users. Token deposits will be suspended when block height of 2670670 is reached.
Once the MainNet is officially online, ZPT and Gala will be mapped to Zeepin MainNet as native coins of Zeepin Chain. ZPT works as a medium for asset exchange, and Gala is a utility coin that can be used to cover network consumption and fuel applications.
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