SIL Reboot Sequence, Last Prep

Dear SIL users,

Previous update: Phase 5

Thank you for all your patience, here is a quick update on the recent progress.

The SIL team originally estimated the ETA of relaunch around 13th April UTC or beyond, here comes the details:

• The SIL team will deploy v2 contracts to Ethereum mainnet at 15th April, UTC, deposit/withdraw functions will not be available at the time.
• The official mining time(re-launch time) will be released on SIL twitter in 1–2 days after 15th April, UTC, deposit/withdraw functions will be available at the time.
• There will be an entry in the landing page of sil.finance while re-launch, every early adopter please use your original wallet to access the page and convert SIL v1 tokens to v2

In the last prep, we are preparing two things:

• SIL migration UI for v1 -> v2
• Marketing/community installations

Let’s take another review of SIL Migration sequence:

1. Stop SIL master mining contract
   Done.
2. Migrate SIL token from v1 to v2
   Done: v2 contract: 0x133Bb423d9248a336D2b3086b8F44A7DbFF3a13C
3. Convert all current users’ holding of SIL from v1 to v2
   There will be a UI for every user to convert tokens.

The re-launch of SIL v2 will be Normal Mode only, the Standard Mode is still under stress testing and gas evaluations, we won’t stop optimizing the contract code until we find it suitable for mass adoption. The SIL v2 will add support for NFT. More NFT roadmap is yet to be released.

Please bear with us.

SIL.FINANCE team