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Token Migration

The migration process allows tokens issued or custodied on Centralized Exchanges (CEX) to be brought to the KleverChain and transformed into DeFi pools.

User Flow​

  1. Withdraw from CEX:

    • The user accesses their account on the Centralized Exchange where they hold the tokens.
    • Performs the withdrawal of these tokens to their personal Wallet on the KleverChain network.

  2. Connect to DeFi:

    • With the tokens in their wallet, the user accesses the DeFi platform.
    • Navigates to the listing page (/list-token).

  3. Pool Creation:

    • The system automatically detects fungible tokens in the user's wallet.
    • The user selects the token they wish to migrate/list.
    • Follows the steps to:
      1. Generate the pool address.
      2. Issue the LP (Liquidity Provider) token.
      3. Add initial liquidity (defining the price, as explained in the Initial Liquidity section).
      4. Lock the liquidity (Lock) for a determined period for investor security.