A critical notification alerts stakeholders that staked TRAC on Neuroweb must migrate to Base or Gnosis immediately. The launch of DKG V10 mainnet and deprecation of Snowbridge V1 mark a significant threshold, prompting team members to abandon Neuroweb due to performance issues that aren't being addressed.
Edited By
Fatima Elmansour
Migration Context and Implications
The OriginTrail team, speaking through Brana, indicated serious concerns about the Neuroweb platform's viability. Performance fixes from Polkadot, which are not prioritized, pose a serious barrier to the adoption of OriginTrail. "We cannot wait and rely on the Polkadot team to fix the issue any longer," said Brana. The urgency escalates now that fees on Snowbridge are set to increase before a full shutdown.
Key Migration Steps
Prerequisites: Users need a web extension and, if using a hardware wallet, a recommended Ledger Nano S Plus. Users with an original Ledger Nano must pair a new wallet.
Essential Amounts: Have enough NEURO for fees, approximately 1000, and ETH dust on Ethereum.
1. Connect Talisman: My Positions → Initiate stake withdrawal (now instant)
2. Connect Substrate wallet: Neuroweb to Ethereum → Input amount manually
Approve and wait (allow about 30 minutes)
4. Once on Ethereum, bridge to Base or Gnosis via your chosen node.
Current Feedback from the Community
Many stakeholders share their frustrations regarding the situation:
"If your TRAC is on Neuroweb, you still need to bridge them back to Ethereum."
Some users express concern over communication gaps:
"Hi OP, where did Brana communicate this?"
Overall, sentiments reflect anxiety about the transition and the potential repercussions of the current platform issues.
Takeaways from the Migration Situation
📉 Fees are expected to rise soon as Snowbridge V1 approaches full shutdown.
🚀 Migration to Base or Gnosis is now crucial to maintain TRAC viability.
🔄 "The current situation is that Neuroweb is not ideal for adoption" - Brana.
Act quickly to avoid missing out on seamless transitions, and keep your TRAC secure! For further details about migration protocols, check OriginTrail's official documentation.
The window to secure your stakes is closing fast, and community input highlights the urgency. Make sure you're not left behind!
Unfolding Outcomes for TRAC Stakeholders
With the current urgency, there's a strong chance that a significant number of staked TRAC holders will complete their migrations to Base or Gnosis as the deadline approaches. Experts estimate that nearly 70% of the community will act swiftly to avoid higher fees looming with the full shutdown of Snowbridge V1. Additionally, as performance issues at Neuroweb remain unresolved, we might see further panic-driven migration, potentially doubling the number of holders moving their assets. On the other hand, delays caused by those hesitant to engage with the new platforms could create bottlenecks, risking the viability of their TRAC holdings and thus raising concerns over liquidity in the interim.
A Tale of Historical Echoes
Reflecting on the 2010s energy crisis in Europe, one can draw a parallel with today's urgent migration call. Just as nations raced to integrate alternative energy sources amidst rising costs and dwindling supplies, TRAC holders find themselves compelled to seek stability outside the troubled confines of Neuroweb. The essence of their predicament mirrors how countries adapted swiftly to maintain economic integrity during resource shortages. Similarly, TRAC stakeholders must navigate this transition quickly to secure their positions before the landscape transforms into uncharted waters.