MainNet Ontology (ONT) Token Swap FAQ
For the MainNet ONT token swap notice, please refer to this article.
Q: Which exchanges support the MainNet ONT token swap?
A: Binance, Huobi, OKEx, Upbit, KuCoin, Gate.io, and CoinEgg have officially announced their support for the ONT MainNet token swap (info correct as of June 13th, 2018). We will update this answer if there are any changes.
Q: Do I have to do anything to complete the MainNet ONT token swap on exchanges?
A: Please follow instructions on supporting exchanges on how to complete the MainNet ONT token swap.
Q: When do I have to send my tokens to the exchanges?
A: MainNet is scheduled for June 30th, 2018. Please follow instructions on supporting exchanges on how to complete the MainNet ONT token swap.
Q: Will I get my ONG if I keep my ONT on exchanges?
A: Binance has announced that they will be distributing ONG to ONT holders monthly (info correct as of June 11th, 2018). We will update this answer if there are any changes.
Q: What is the mapping address for the MainNet ONT token swap?
A: The mapping address will be released to the community after the MainNet launch.
Q: Do I need both my private key and WIF to do the manual swap?
A: You only need either use your private key or WIF to complete the token swap.
Q: Will MainNet ONT be divisible?
A: MainNet ONT is indivisible (the smallest unit is 1 ONT). If your NEP-5 ONT amount is not a whole number you can buy (or sell) some to round the number up (or down) before performing the ONT MainNet token swap.
Q: Will NEX and Ledger support the MainNet ONT token swap?
A: We are currently working on NEX and Ledger support for the token swap and will update this answer and notify the community when there is news.
Q: How long do I have to wait for my NEP-5 ONT to swap to MainNet ONT?
A: The MainNet ONT token swap will take up to 24 hours.
Q: How can I check the status of the swap?
A: You will be able to go to the swap status check page (when Ontology MainNet goes lives the address will be https://swap.ont.io) to check the status of your MainNet ONT token swap. You can enter your ONT wallet address to check the status. The mapping status will show the amount and status (waiting processing, currently processing, complete). Alternatively, you can go to the official Ontology block explorer (https://explorer.ont.io/) and enter your ONT address to check your mapping information.
Q: Is there a deadline for the token swap?
A: Users will have until 00:00 (UTC+8) on October 1st, 2018 to complete the swap.
Q: What happens if I don’t complete the MainNet ONT token swap before the deadline?
A: If ONT is not swapped before the token swap deadline it will remain on the NEO blockchain and not be able to be transferred to the Ontology MainNet.
Q: Will I receive ONG after the token swap?
A: Your ONT will start generating ONG after your token swap is complete.
Q: Are there fees for claiming ONG?
A: There are no fees for claiming ONG.
Q: Where do I store my ONT after the swap? Can I keep it in my existing NEO wallet?
A: ONTO, Ontology’s comprehensive decentralized client which includes a wallet, will be released in July. Individual NEO wallets may support MainNet ONT, we will update this answer if there is any news.
Q: How can I create an ONTO wallet?
A: You can use your NEO wallet private key or WIF on ONTO to obtain your MainNet ONT. On ONTO use the “Import a wallet” function. Enter your NEO wallet private key or WIF, create a password, and after you have created your wallet your MainNet ONT will be in your wallet.
If you have further questions about the MainNet ONT token swap, you can ask the community in the #token-swap channel on our Discord.