<aside> 💡 This document gives the high level migration steps for token holders - in particular it provides full transparency on all migration challenges and considerations for token holders

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Migration Process

<aside> ⚠️ Please make sure you transfer any CEX PRT before end Sep 2022

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Please transfer any CEX PRT holdings (from LBank, Hotbit, Bitmart or Whitebit) before end Sep when the migration snapshot is likely to be taken (TBC)

The migration process has 4 steps and is likely to span a few months - specific timelines will be provided when known.

  1. Start migration → 1st Sep 22 (TBC)

    1. PRT BSC Wallet (TrustWallet, MetaMask, Binance Smart Wallet, Ledger Wallet)
      1. DO NOTHING - On step 3 claim, receive migration NSFW tokens + 25% NSFW token bonus. You keep control of your PRT in your wallet until claim.
      2. SELECT 50% BONUS (using migration portal) - On step 3 claim, receive migration NSFW tokens + 50% NSFW token bonus. Your PRT will be transferred to the MigrationSafe to be sold at market to help to bootstrap/fund the new NSFW token LP & project costs.
      3. SELECT 100% BONUS (using migration portal, eligible to PancakeSwap LP providers only) - Similar to 50% bonus except receive 100% bonus instead. See the list of eligible wallets here:
        1. https://bscscan.com/token/0x8195143df00e94F320F3f60C48D5ED97A6bFAbfc#balances
        2. Any PRT holder who provides their PRT as PancakeSwap LP liquidity will be eligible for 100% bonus
    2. INTI ETH Wallet (TrustWallet, MetaMask)
      1. DO NOTHING - On step 3 claim, receive migration NSFW tokens + 50% NSFW token bonus. You keep control of your INTI in your wallet until claim.
      2. SELL INTI by 10th Sep 22 - Do this to opt-out of migration as the INTI LP will be removed on this date.

  2. PRT & INTI Wallet Snapshot → End Sep (TBC)

    1. Snapshot all PRT/INIT holders, and note which wallets have sent tokens to the MigrationSafe - this records eligibility for 25%, 50% and 100% bonuses
      1. All eligible wallets will be able to CLAIM in the next step for up to 1 year
    2. Any PRT purchased AFTER the snapshot date will not be eligible for any migration bonus

  3. Claim migration NSFW tokens & bonuses → Date TBC

    1. A stable NSFW token LP must be designed & funded BEFORE token claim is open to protect against creation of a rogue LP by bad actors
    2. The requirements around LP funding for price stability are currently being researched - this may potentially require a big LP $ size, which may require external funding (TBC)
    3. It is likely to take minimum 1 month after migration starts before claims are available to migration holders
    4. Claims calculator here:
      1. https://docs.google.com/spreadsheets/d/11BwJEfbVn5wnepy9ozeXFRZVXnQQ9hq9OOPgS0MENto/edit?usp=drivesdk

  4. LIVE NSFW Polygon Trading → Date TBC

    1. After Step 3 claim, NSFW holders will have migration tokens + bonus/reward tokens - the bonus tokens will have a vesting/holding period before they can be sold (to prevent post migration price dumps). Vesting/holding periods TBC.
    2. LIVE trading won’t happen until claims have started, so this will likely take minimum 1 month after migration start
    3. The setting of the LP seed price has not been determined yet, it is being researched

Migration Risks & Mitigation

<aside> 💡 The migration is likely to take several months to complete - if you are unsure and you hold PRT, then you can hold your PRT and migrate at a later date (up to 1 year after migration start) - note that you will only be offered 25% migration bonus if you choose to migrate after the Step 3 snapshot is taken!

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