🌉Asset Migration

The initial development of the Staava EVM Chain was started in June, 2023. While that was ongoing, A Wrapped Token, STAAV (Staava Protocol) was issued to Avalanche C-Chain on Sat, 03 Feb 2024 02:56:42 GMT.

As we commence asset migrations, All holders of STAAV must be migrated to the SE-CHAIN through the custom bridge. This cross-chain will burn the STAAV on AVALANCHE, to redistribute the STAV (Staava Protocol) native coin on SE-CHAIN. Every 1 STAAV will equal 20 STAV.

⛓ All holders will receive x20 distribution of their STAAV on SE-CHAIN after release.

⛓ A total of 17,200,000 STAAV was issued on Avalanche and renounced.

⛓ Locked Treasury: 12,650,600 (Tobe Burnt on 30th SEPT, 2024)

- View locked treasury on: 👉 HEDGEY Dashboard

⛓ Total Asset Burnt:

⛓ C-CHAIN Circulation:

RATIO: 1 STAAV = 20 STAV

This precursor chain ticker is decided sequel to MAINNET deployment of the elastic subnet feature of the Staava EVM Chain and its forbids more than 4 character as TICKER with the Avalanche Go-Implementation. Therefore, the change is imminent.

Bridge coming soon...