Threshold $T: Wrapping Guide

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The Threshold Network $T token launched and is available for upgrading. The Threshold team deployed the token contract and added tokens to the vending machine on December 31st, 2021. A community-run multi-sig needed to run four transactions to mint the T tokens and fill the vending machines. Those four transactions finished on January 1st, 2022. 

There are two ways to transfer liquid NU or KEEP into T tokens. The first is by interacting directly with the smart contacts through Etherscan or using the UI released for early users. The easiest way will be to interact with the UI.

The Threshold Marketing DAO made an official upgrade guide. Here is a short video instruction on wrapping your tokens: https://youtu.be/FJOnWai4UzE

There is no deadline to upgrade to the T token. The UI is a Beta version, although there have not been any reported problems. We recommend users upgrade before the end of January.

1. Token holders will need to go to https://stake.nucypher.network/wrap

2. Then connect either MetaMask or WalletConnect.


3. Then Click “upgrade,” the UI will ask you how many tokens you wish to upgrade.


4. Review the gas fees and confirm the transaction.


5. After doing so, you’ll see the balance change from owning Keep to T tokens.


6. Next, you’ll need to add the token to your metamask wallet by clicking “Add to MetaMask” and then clicking “Add Token” in the MetaMask notification.


7. That’s it! You now have T tokens in your wallet.


There is no deadline to upgrade to the T token. The UI is a Beta version, although there have not been any reported problems. We recommend users upgrade before the end of January.

Looking for more information about Threshold? Check out our First Look article.

Learn More and Get Involved

T Launch Details 

Provisional Threshold Launch Details

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