$VEMP Token Migration Announcement

Important Notice: This is a mandatory token migration

Key Information

• Migration Start Date: December 2nd, 2024, at 15:00 UTC
• Migration Deadline: January 31, 2025, at 15:00 UTC
• Migration Ratio: 1:1 (One old token = One new token)
• Migration URL: https://app.vemp.xyz

Migration Overview

We are excited to announce a significant milestone in our evolution: the migration of our token from our currently supported layer-one networks to VEMP Horizon, a Layer-3 roll-up designed to empower hypercasual game developers. This migration represents a crucial step forward in our infrastructure and will begin on December 2nd, 2024, at 15:00 UTC. All token holders must complete the migration to maintain their holdings, as non-migrated tokens will eventually become non-functional.

The decision to migrate from current networks to Horizon wasn't made lightly. After extensive research, we determined this transition is essential to unlocking VEMP's full potential and providing our community with the best possible on-chain gaming infrastructure. This migration will address current limitations and set the foundation for innovative features defining Horizon’s future.

The migration process has been meticulously designed with our community in mind, offering a straightforward 1:1 token exchange through our secure migration platform at app.vemp.xyz. Token holders simply need to connect their wallet containing VEMP tokens, approve the migration contract, and deposit tokens. The new tokens will be automatically sent to your wallet via an airdrop. We've conducted extensive security audits and testing to ensure a smooth, risk-free transition for all participants. You can read a more detailed guide on how the migration process works here.

Security remains our top priority during this transition. We strongly urge all community members to exercise caution and only interact with our official migration platform at app.vemp.xyz. Never send tokens directly to any contract address or respond to direct messages claiming to assist with migration. All official communication will come through our verified channels.

In preparation for this migration, we've established a dedicated support infrastructure to ensure no token holder is left behind. Our support team stands ready to help through our Official VEMP Discord, Telegram Channel, and via email at support@vemp.xyz. We've also created comprehensive video tutorials, step-by-step guides, and interactive support channels to assist users of all experience levels through migration.

The timing of this migration has been strategically chosen to align with our broader technological roadmap. While the actual migration transaction typically completes within minutes, we strongly encourage all token holders to migrate well before January 31, 2025, to avoid complications. After this date, original $VEMP tokens will no longer be supported within the VEMP ecosystem, and you may lose access to your holdings.

This migration marks the beginning of an exciting new chapter for VEMP. With Horizon's advanced capabilities, we can implement features such as improved in-game asset integration, faster transaction processing, and enhanced reward mechanisms. These improvements will benefit our gaming community and set new standards for indie and hypercasual on-chain gaming projects.

Stay connected through our official channels for regular updates and migration reminders. Throughout the migration period, we'll host several community AMAs, technical workshops, and support sessions to ensure everyone is well-informed and comfortable with the process. Your participation in this migration is crucial for the continued growth and success of the VEMP ecosystem. Thank you for your continued support and trust in VEMP. We're excited to embark on this journey with our community and look forward to the incredible opportunities that await us on Horizon in 2025 and beyond.