Tokens lost on a dead Beacon Chain?
I don't know if I wrote about this a handful of months ago, but I was much annoyed when I discovered that the AVA (Travala) that I had put for "safe keeping" on Trust wallet got locked up, because Beacon Chain sunsetted and I missed the migration window. Trust wallet didn't support the automatic swap, so I was screwed. At the time, it was a fair amount of value worth, and I was pretty pissed. You might have noticed though that AVA over the last few days went through a bit of a surge, peaking around 500% up on where it was a week ago, which was already up on where it was when I lost mine to the end of Beacon Chain.
As you can imagine, I am annoyed.
Anyone else in a similar boat?
Because there might be some good news, which is why I am writing this post today.
After chatting on the AVA Telegram, which was the first time I have ever used Telegram, I was able to get a link to some more documentation that led me to a possible solution, which was released today.
Did you like what I did there with the image?
Anyway...
A Token Recovery Tool DApp was launched which should migrate the tokens from the dead Beacon Chain, over to a BNB Smart Chain (BSC) address, which I did today and for once, it was pretty fucking easy - which was a pleasant change. For anyone who missed the migration window and wants to recover lost tokens, it is worth looking into.
And there we have it.
7 days is a long time in crypto, especially as the price is bouncing around and who knows how long that is going to last for, but at least I have a chance of recovering my lost tokens that I have been holding for years now. Still, even if the price slides, having the tokens is still more valuable to me than having them locked on a dead chain. And, if the price does stay up, it gives me the opportunity to trade for some more, or sell for some profit.
It is good to have options.
I don't know how many hold AVA, and there are probably fewer holding now since the price jumped in the last few days, but hopefully for those who might have screwed the pooch and missed the migration window like me, there is a chance that this will help you recover your funds. As you can see from the screen shot above, I actually had some BNB and USDT locked as well, but those amounts were much smaller, so I had written them off without the emotional pain of loss. Though, it would be comparative, because I had far more AVA there.
In about seven days from now, we'll know if this worked.
Good luck!
Taraz
[ Gen1: Hive ]
Posted Using InLeo Alpha
That's great news for you! I have most of my tokens locked up in the SMART program, but they were already on BSC anyway, so it wasn't a big deal for me. I think I still bought a lot of my tokens near the top during the last bull run, so even though $3 was a nice price, it was still too low for me. I don't know if it will go back up towards the ATH, but if Binance keeps Tweeting about it, it just might. I'm also not opposed to keeping my stake so I can use the platform one day. I got thinking despite the higher prices, it's one of the few real world uses for crypto these days. Plus the one airdrop so far has been kind of lucrative as well!
No idea, but I suspect that true "alt season" hasn't started yet... When I say "suspect" I mean hope!
I think you are right. I got a SNSY airdrop from my AVA tokens that is worth about $250 right now. I figure I will pay that much in gas just to move it, so why not wait and see if it pops when the real alt season comes, or ride it down to zero.
I don't think I got any airdrops on where I was holding! :D
That sucks. I think you had to go into the site and actually put your public ETH address in.
This shows that you have been in crypto for a very long time :)
This is where I say "I'm too old for this shit..." :)
I'm happy for you. If there are those who lost their tokens like you, it will be a guide for them. We have a saying around here ''God makes his beloved servant lose his donkey first, then finds it''
AVA gained a lot of value after the CZ statement, even its current price is good.
Does that mean God creates hardships as then comes in to save the day?
Hopefully, Travala does something. Supposedly they have over 100m turnover a year now. Not bad!
A similar thing happened to me last week. Steemit removed TRX distribution so the TRX was in my Steemit wallet. Fortunately, I saved the PDF file of my TRON wallet before and could transfer it into Tron Link.
I can't remember the last time I logged into steem
Sometimes I think to go back there :)
How did you do it.
I am sad by my lost tron, because could be important amount.
Hopefully you find a way
Thanks a lot I will try, for me $100 is a big amount and loses it is a bad amount in this days.
If you didn't save the PDF of your TRON wallet, its gone.
No, I have pdf
I could recover it.
Great, I think to share a post regarding it.
With the way you sound it sure is hell lot of AVA that cant be let go, 7 days is alot of wait but I have a feeling it has already worked. Like you said what's more important is getting those Ava back nothing else