Microtick: a guide to move from Cosmos to Ethereum

Dear Cosmonauts, while recording a new episode of the podcast with Mark Jackson (the founder of Microtick), we have found out that, unfortunately, the Microtick network will be halted on the 1st of August. After this, the project will be named DiscoveryDEX and will be moved to L2 Blockchain (probably ETH). Therefore, all TICK holders are to claim their tokens for the future DiscoveryDEX token. We have prepared a simple guide for you, both in video and text versions. More detailed information you can find out in our episode.

Please find here the original guide from the DAO team.

Video guide

Youtube

Text guide

Step 1

Please go to frontier. Open Assets and find the TICK token.

https://postimg.cc/MnBcdf6j

Step 2

Push - Withdraw and approve connection

https://postimg.cc/MM9XvyDg)

Step 3

Then please enter the amount (in our case, press MAX) and approve the transaction.

https://postimg.cc/MM9XvyDg

Step 4

Go to Microtick app and push “Keplr Browser Extension”

https://postimg.cc/DJpy27fT

Step 5

Approve connection.

https://i.postimg.cc/k4D5WyZ6/5.png

Step 6

You should see your balance.

https://i.postimg.cc/9MSQb75x/6.png)

Step 7

Push “Validators” in the left menu and find - the DiscoveryDEX validator. The owner of this Validator is the DAO team.

https://i.postimg.cc/13crfDL1/7.png

Step 8

Push on the Validator, and you must stake your tokens to this validator. If you previously staked with Bro n Bro or any other validator, you must redelegate your tokens.

https://i.postimg.cc/C1Vdw1Mm/8.jpg

Step 9

Enter all amounts by clicking “Max” (but leave a minimal amount for commission)

(https://i.postimg.cc/rwcSXKzn/9.png

Step 10

Push send.

https://i.postimg.cc/RVwcDcCJ/10.png

Step 11

The most crucial part is that in the Keplr window, you need to approve the transaction, but YOU NEED TO WRITE IN MEMO FIELD YOUR ETH ADDRESS.

https://i.postimg.cc/85q6yCqb/11.png

Step 12

You can check your transaction by clicking here.

https://i.postimg.cc/WzgJxvVc/12.png

Step 13

In explorer, please check the amount, validator, and memo.

13-1.png

Step 14

Suppose you have forgotten to write an ETH address in the MEMO field. Don’t worry. You can do it again. To do this, you need to send the 0.000001 amount of the TICK to the following address: micro1ee05vm4kw8yp2avx8gpxegynpytl5g5hfrexhm (autodelegation for DiscoveryDEX val) with the MEMO : TX of the delegation operation transaction - (same ETH address) .

Step 14.1

Open KEPLR and make transactions.

14.png 14-1.png

Step 14.2

Please check your transaction in explorer.

14-2.png


If you would like to support our mission in creating educational content and aligning the goals of different communities, please stake with us here:

Join our community, to build a future where communication is decentralized. May the code be with you!