Seamless Transition: Upgrading from $MATTER to $TUNE Token on Bitune Platform

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7 Jan 2024
111

Introduction:
In a strategic move to enhance its platform capabilities and align with the evolving identity of Bitune, the transition from the old $MATTER token to the new $TUNE token has been set in motion. This carefully planned process aims to provide users with a seamless experience while maintaining the continuity of the platform's tokenomics.

Token Swap Execution:
Users holding $MATTER tokens on KuCoin can expect an automatic swap to $TUNE, with snapshots of MATTER assets taken at 16:00:00 on January 4, 2024 (UTC) at a ratio of 1:1. Gate.io exchange will also support the swap at a later date. For those with $MATTER in Ethereum wallets, a 1:1 token swap can be executed at https://token.bitune.ai/. If tokens are on B2, a bridge to the Ethereum Network is required using the provided link.

Details and Resources:
For additional details, users are encouraged to refer to the official announcement on KuCoin: KuCoin Announcement. A guide on bridging B2 to Ethereum Network is available here: Bridge Guide.
Safety Precautions:
Users are advised to exercise caution and be aware of potential scams during the token swap process. The official $TUNE token address for the swap is 0x1Fac00CceE478eCeD6A120a50Ed2Ab28EE7FE32b. Currently, no other legitimate forms of executing the token swap exist.

Token Swap Details:
The transition from $MATTER to $TUNE assures users that the fundamental tokenomics of the platform will remain unchanged. This ensures minimal disruption and a smooth continuation of the ecosystem's core economic principles.

Conclusion:
Bitune's move to transition from $MATTER to $TUNE represents a commitment to continuous improvement and adaptation to the ever-evolving crypto landscape. Users are encouraged to utilize the provided resources and platforms for a secure and seamless token swap experience.

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