Exchange $CMP for osCMP - full details

Caduceus
2 min readJan 19, 2024

As part of the Mainnet V2.0 upgrade, Caduceus will officially launch the procedure of exchanging $CMP for osCMP.

As mentioned in the previous announcement, the time window for exchanging $CMP for osCMP will be from 00:00 UTC on January 22, 2024 to 23:59 UTC on April 21, 2024. All $CMP holders are requested to transfer $CMP to the designated contract address to exchange for osCMP as soon as possible.

The following is the smart contract address for $CMP/osCMP exchange:

0x1179bcfeffa4B79e55d20AeCBf101b07866aFe5C

1) Ensure the date is within the exchange time period (from 00:00 UTC 22.01.24 to 23:59 UTC 21.04.24)
2) Transfer the $CMP you hold to the above address — IMPORTANT: ONLY SEND CMP FROM YOUR PERSONAL WALLET, DO NOT SEND DIRECTLY FROM EXCHANGES TO THE SMART CONTRACT
3) After the exchange time period ends, we will take a snapshot of all addresses and transferred $CMP balances
4) Users will receive an equal amount of osCMP to the wallet address that sent their $CMP

This operation is irreversible and cannot be withdrawn or transferred to other accounts.

According to the rules stipulated in the Caduceus 2.0 upgrade proposal, any $CMP that has not been exchanged for osCMP within the time window will not be exchangeable for osCMP in the future.

Over the next three months, centralised exchanges (CEX) will gradually suspend trading of $CMP. The exact trading suspension dates are independently determined by each CEX. We will continue to cooperate and communicate with exchanges regarding this matter.

We are currently also in discussions with centralised exchanges about the listing of the CMP2.0 token (ERC20), please wait for further announcements for the precise listing dates.

Thanks again to all users in the community for their participation in upgrading Caduceus. Please don’t hesitate to get in touch via our community groups, if you have any questions:

Telegram: https://t.me/CaduceusMetaverse

Discord: https://discord.gg/TrufhMC6

The Caduceus Team.

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Caduceus

Caduceus Metaverse Protocol — Providing an open blockchain platform for Metaverse development. Join the community — https://linktr.ee/caduceus_cmp