The Sidrabank team has announced that all previous Sidra Points earned on the testnet will be added to the new SidraChain mainnet. This means that users who participated in validation on the testnet will not lose their progress.
The team also announced that users will be able to merge their Sidra Points from the testnet with their Sidra Points on the mainnet at a later date. This will allow users to continue validation with the new chain.
Previous validation was on testnet. All previous Sidra Points will be added to your new chain and you can merge them later to continue validation with the new chain
— SidraChain (@sidrabank) November 7, 2023
The SidraChain migration is a major step forward for the Sidrabank project. The new chain will be more secure, scalable, and efficient than the testnet. It will also allow for the development of new features and applications.
The Sidrabank team is committed to providing a smooth migration experience for all users. The team is currently working on developing the tools and resources that will be needed for the migration.
Here are some important details about the SidraChain migration:
- All previous Sidra Points will be added to the new SidraChain mainnet.
- Users will be able to merge their Sidra Points from the testnet with their Sidra Points on the mainnet at a later date.
- The SidraChain migration is expected to be completed in Q4 2023.
The Sidrabank team encourages all users to stay up-to-date on the latest migration news. Users can do this by following the Sidrabank blog and social media channels.
About Sidrabank
Sidrabank is a decentralized finance (DeFi) platform that is designed to make it easy for people to access and use financial services. The platform offers a variety of features, including:
- A decentralized exchange (DEX)
- A lending platform
- A staking pool
- A launchpad
Sidrabank is committed to providing a safe and secure platform for its users. The platform is audited by a leading security firm and is backed by a strong team of developers and advisors.
The SidraChain migration is a major milestone for the Sidrabank project. The new chain will allow Sidrabank to reach a wider audience and provide users with more features and benefits. The Sidrabank team is committed to making the migration process as smooth as possible for all users. Continue Reading
So what about we that didn’t participate in the migration testnet what then happens to our account