Mysterium Network begins its official token migration today, 31st August 2020. This will be a 1:1 token migration, so no new tokens will be created. Legacy tokens will not be supported in the network, so you will need to migrate your tokens before topping up in-app.
Here’s the new MYST token address: 0x4Cf89ca06ad997bC732Dc876ed2A7F26a9E7f361
Find out more about how the Mysterium Network token migration moves the project towards peer to peer payments on the Ethereum blockchain.
What is Mysterium BetaNet?
Mysterium BetaNet is the first iteration of peer to peer payments within Mysterium Network:
- MYST as a means of value exchange in the network
- Payments are settled on the Ethereum blockchain
- It’s our second stage towards Mysterium Mainnet.
Mysterium Network is running an opt-in BetaNet. Mysterium Network will not be migrating TestNet users to BetaNet at this stage. VPN services continue to be accessible on Mysterium TestNet.
What should MYST token holders do?
MYST token holders are encouraged to migrate their tokens at their earliest convenience.
Though there is no deadline on the migration, you will not be able to access VPN services within Mysterium Network using legacy MYST.
If your MYST is held in a decentralised exchange or in a wallet, you will have to migrate your tokens yourself. Please follow the token migration guide.
If you have your tokens stored on HitBTC, they will be migrated for you. The Mysterium Team is currently working with their team and will provide updates as we progress.