The Evolution is Here: ERN Becomes EPIC!

We are excited to announce that Ethernity Chain (ERN) is evolving into Epic Chain (EPIC). After a successful vote within the DAO community, with 97.1% approval, the decision has been made to transition to a new phase with an upgraded project name and token. You can check the full voting results here.

This marks a pivotal moment in our evolution as we transition into a cutting-edge Layer 2 blockchain ecosystem. This rebrand and token swap will unlock new opportunities, enhance utility, and positioning as a leader in blockchain innovation. By seamlessly integrating Real World Assets (RWAs) and entertainment, this transformation aligns with the long-term vision to drive growth and adoption across the ecosystem.

Key Info & Changes:

• Old Project Name & Token Ticker: Ethernity Chain (ERN)
• New Project Name & Token Ticker: Epic Chain (EPIC)
• ERN and EPIC are ERC-20 tokens on the Ethereum network.

Token Swap Details:

• Token Swap Ratio: 1:1
  30,000,000 ERN (Old Token Supply)
  30,000,000 EPIC (New Token Supply)
• Old Smart Contract Address: [0xBBc2AE13b23d715c30720F079fcd9B4a74093505]
• New Smart Contract Address: [0x94314a14Df63779c99C0764a30e0CD22fA78fC0E]
• Initiating the token swap burns ERN to the 0x00...dEaD address, permanently removing it from circulation and ensuring a seamless transition.

Tokenomics Update:

• No change in tokenomics.

FAQ

What should I do if I hold ERN on a Centralized Exchange (CEX)? Will it automatically convert with a 1:1 ratio?
You don’t need to take any action. We are actively working with centralized exchanges to ensure a smooth token swap process, allowing for an automatic conversion without any additional steps required from ERN holders.

What should I do if I hold ERN on a DeFi wallet, such as MetaMask?
A dedicated token swap page will enable users to exchange their tokens peer-to-peer directly from their wallets.

Will there be a migration deadline?
No, there is no migration deadline. Token holders can migrate at their convenience via the swap portal. For centralized exchange holdings, migration will be automated in collaboration with exchange partners.

Are there any changes to the supply, tokenomics, or lockup periods?
The token swap will maintain the supply of 30,000,000 with a 1:1 swap ratio for the new EPIC token. No, there are no changes to the tokenomics or lockup periods. The lockups will continue as planned, adhering to the original tokenomics outlined at launch.

What will be the Circulating Supply of EPIC?
Since there is no deadline for migration, the circulating supply cannot be precisely predicted. However, there will be no additional unlocks, as the tokenomics remain unchanged.

Can I migrate EPIC back to ERN after swapping?
No, the migration is a one-way process. Once you swap ERN for EPIC, it cannot be converted back to ERN.

What will happen to my ERN tokens locked in DeFi products?
No worries! Since there’s no deadline for the swap, you can complete the swap anytime once you unlock your tokens from DeFi products. Just follow the swap process whenever you’re ready.

What utility will the EPIC token provide?
The EPIC token will inherit the utility of ERN and extend it as the ecosystem evolves. It will facilitate universal staking, transactions, and governance within the blockchain-based infrastructure. Additionally, we will enhance the current staking options to reward stakers with tokens from other projects launching on our chain, providing more diverse benefits and incentives for our community.