Moonlight Migration
Last updated
Last updated
Moonlight is a token on the BNB Chain that we created in 2021. It provided premium access to our V1 and was fairly launched with the support of a loyal community from the beginning.
The token was named Moonlight because, at the time, we were offering a suite of features such as price alerts, trading tools, and on-chain analytics. Moonlight served as the token to access this entire toolkit. With the success of Bubblemaps, we decided to focus exclusively on this tool and rebranded our company to Bubblemaps in 2022
For more information about our rebranding:
• Twitter announcement • Medium article • Media coverage
If you're new to Bubblemaps, you might not be familiar with Moonlight yet. But for those who’ve been with us for a while, Moonlight holds a special place in our journey. With the launch of $BMT — a token that aligns with our current identity — we’re not just honoring our past, but also stepping up to new heights. This transition ensures that $BMT becomes a strong presence in the space, fully representing who we are today.
As early investors and supporters, Moonlight holders now have the opportunity to migrate their tokens to $BMT. A snapshot of the holders has already been taken, and only addresses included will be eligible to participate. This ensures the process rewards long-term holders while preventing exploitation by post-launch arbitrage buyers.
To facilitate this, we’ve created a Migration Portal where Moonlight holders can deposit their tokens and a Claim Portal to claim $BMT. The Migration Portal outlines migration terms, including a set price and vesting conditions. Holders have the flexibility to accept the deal fully, partially, or not at all, deciding how many tokens to migrate. This migration not only ensures wide token distribution at launch but also plays a key role in kickstarting the Intel Desk
20% of the BMT supply has been allocated to Moonlight holders. This allocation will be distributed proportionally. For example, if you hold 1% of the total Moonlight supply, you will receive 1% of the 20% allocation, which amounts to 0.2% of the total $BMT supply (or 2,000,000 $BMT). Your decision to migrate should depend on your confidence in $BMT’s future growth.
$BMT allocated to Moonlight holders will have a one-year linear vesting schedule, with 25% unlocked at launch (TGE). This means you can claim 25% of your $BMT tokens at launch and 75% will be claimable gradually over 1 year.
Head to the Migration Portal and connect your personal wallet holding Moonlight (Metamask, Trustwallet, etc.)
Select the amount of Moonlight Token you want to migrate (you can only do it ONCE)
Provide your Solana address
The maximum amount you can migrate is the one included in the snapshot
Migration can only be done once so ensure you select the correct amount
Don't test with a small amount, you won't be able to migrate the rest
The 7% Moonlight tax won’t impact your BMT amount
Desktop is highly recommended to conduct the migration
Use Phantom Wallet to generate your Solana address
You can pick the same destination Solana address for multiple Moonlight addresses
Double-check your Solana address carefully. Any mistake in your Solana address will result in the loss of your funds
Click on "READ TERMS" — carefully review and tick each box one by one.
Click on “APPROVE” and “MIGRATE,” then confirm the transactions in your wallet.
Head to the Claim Portal and connect your Solana wallet (Phantom, Solflare, or others) using the Solana address you provided in the Migration Portal.
Once you have connected your address, you should see the migration terms. Click on “INITIALIZE VESTING” and confirm the transaction in your Solana wallet
NOTE:
The migration portal will be available for only a few days after TGE—make sure to migrate in time!
Moonlight will stop trading once most users have migrated or sold their tokens.
IMPORTANT NOTES:
Congrats, you've officially migrated!
After that, you can claim your $BMT A % will be available to claim at launch, and the rest will become claimable gradually over one year. You can claim as frequently as you like—every day, even every hour!
