The Morpheus.Network MNW Token Is Here! The Swap Has Now Begun!
In keeping with its commitment to continuous improvement, and ushering in greater security, efficiency, and innovation in our blockchain-powered supply chain platform, Morpheus.Network is set to revamp its token smart contract.
Built on pillars of safety, trust, and efficiency, Morpheus.Network is an award-winning supply chain management platform. Offering a blockchain-powered supply chain SaaS platform, Morpheus.Network is one to always place technology, innovation, and development at its focus; therefore, it comes as no surprise that the revolutionary platform is trying to bring in unprecedented security and levels of efficiency with its latest Smart Contract update and token swap.
Along with this upgrade comes a brand new token and ticker which we are pleased to introduce: MNW. This new token replaces the old MRPH token. Swapping old MRPH to the new MNW is an easy process.
IMPORTANT NOTE: Please read this full article before starting the swap!
To prepare for this token swap and ensure it is a secure process, we tapped the services of code auditing giant CertiK.io.
THERE IS ONLY ONE WAY TO SWAP:
Visit https://swap.morpheus.network to complete the swap. This is the official URL for the swap.
Please watch out for alternative fake URLs, scammers pretending to be fake Morpheus.Network admins, fake websites promising airdrops or other unauthorized swaps.
Do not trust any links unless you access them directly from the official Morpheus.Network medium at https://news.morpheus.network.
Morpheus.Network assumes no liability if you send your MRPH tokens to a fraudulent contract address or if you attempt a swap using any method at all other than the one official swap portal: https://swap.morpheus.network.
If you are the victim of a scam or phishing attempt you will need to contact law enforcement.
The swap process is quick and easy.
- Visit https://swap.morpheus.network to complete the swap. This is the official URL for the swap info.
- Connect your MetaMask browser extension and follow the instructions.
- MetaMask will require TWO transactions. The first is a token approval transaction. The green button will say, ”APPROVE MRPH”.
- The second transaction is the token swap. The green button will say, “SWAP”. Please click the green button to start the second transaction.
- Remember that gas fees can range widely depending on the current Ethereum network congestion. Be sure to carefully review the gas fees in MetaMask before approving the transaction.
On Etherscan.io you can check the status of the two transaction. The first transaction will show “Token Approvals”:
The second transaction will show that MRPH tokens were swapped for MNW tokens:
Here is a quick video demonstration showing a swap of 100 old MRPH tokens to 100 new MNW tokens:
Why the Need for a Token Swap?
Blockchain has earned a reputation for being immutable — alterations on blockchain data are impossible. The same rules of censorship-resistance, immutability and consistency apply to Smart Contracts, which are software existing on the blockchain that execute under a set of predetermined terms and conditions agreed upon by the parties.
However, with evolving needs and advancements in technology, along with the ambitious expansion of Morpheus.Network into new avenues for serving its esteemed clients, the time for upgraded security and efficiency is now. This is where the idea of upgrading its Smart Contract through a “swap” comes into the picture.
With a new enterprise Smart Contract upgrade, Morpheus.Network is all set to enable a seamless token swap for all existing MRPH token holders to the new MNW token. We will guide and assist all our token holders in this hassle-free process every step of the way.
The HOW and WHAT of the Token Swap Answered
MNW is an ERC20 token on the Ethereum blockchain. The swap is 1:1 between the old and new token. The total supply of tokens will remain the same.
All one would need to do is visit the official swap portal: https://swap.morpheus.network which will help you send your old MRPH tokens from MetaMask (or a wallet which integrates with MetaMask such as Trezor or Ledger) to Morpheus.Network’s token swap smart contract address. Do not send tokens to the smart contract without using the official portal.
If you are using Metamask on a mobile device, please use the MetaMask built-in web browser or you may get a message that, “deep-linking is not supported”. In the Metamask menu, click on “Browser” and then navigate to the official swap portal: https://swap.morpheus.network/
If you would like swap an initial small amount of MRPH tokens as a test before swapping all your MRPH tokens, please load some MRPH tokens and some ETH (for gas) into a new MetaMask wallet. Then perform the swap using the new wallet. The new MNW tokens will hit your wallet almost immediately! Once you confirm that it was successful, you can proceed to swapping the rest of your MRPH tokens.
Morpheus.Network is committed to ensuring that this token swap process, in light of the much-needed Smart Contracts upgrade, is as smooth and seamless a transition for its token holders as possible. The swap to the new MNW tokens is also necessary for the exciting future programs Morpheus.Network is offering including nodes and exchanges.
Token Swap Questions and Answers
What is the smart contract address?
There are two new Smart Contracts. The first is the Token Swap Smart Contract which facilitates swapping the old MRPH token to the new MNW token: 0x1a226fefd114ec0fe0ea87bc9d0b371dd2b2051a
This second Smart Contract is the Token Smart Contract which manages the new MNW token: 0xd3E4Ba569045546D09CF021ECC5dFe42b1d7f6E4
The Smart Contract code has been published as Open Source on Etherscan so that it can be independently verified and audited as safe and secure.
Remember: Do NOT send tokens directly to the smart contract. You must use the official portal: https://swap.morpheus.network
Do I need to participate in the swap?
Yes! The MRPH token will NO LONGER BE SUPPORTED by Morpheus.Network. We request you to swap your old MRPH tokens with the new MNW tokens as MNW is the new utility token that will be utilized by the Morpheus.Network supply chain middleware platform. There is limited time to complete a token swap, so we encourage all MRPH token holders to perform the swap as soon as possible.
Once the transaction is completed, you will receive the exact same number of MNW tokens (at a 1:1 ratio swap). Please note that Ethereum network congestion might cause some delays. Rest assured, the tokens will hit your wallet shortly.
How can I be sure this is an official swap and I am looking at the correct Medium post?
Visit the official website https://morpheus.network. You will see a message in red: “NEW TOKEN MNW! TOKEN SWAP IS LIVE!”. Clicking that message will take you to this Medium post.
How can I view the new MNW tokens in MetaMask?
After you complete the swap, you can view the new tokens using Etherscan. If you do not see the tokens in your MetaMask wallet, please follow these steps:
- Open the Metamask browser extension.
- Near the bottom of the MetaMask window, click “Import Tokens”.
- Go to the “Custom Token” tab.
- Enter the following contract address:
0xd3E4Ba569045546D09CF021ECC5dFe42b1d7f6E4 - Set the symbol name to: MNW
- Decimals: 18
- Click Save.
What happens if I don’t use MetaMask?
MetaMask is a software cryptocurrency wallet used to interact with the Ethereum blockchain. It allows users to access their Ethereum wallet through a free browser extension or mobile app.
MetaMask is the most popular self-custody Ethereum wallet which emphasizes security and usability. It allows users to interact with decentralized applications.
MetaMask is the only wallet supported on the https://swap.morpheus.network token swap portal.
Many other wallets such as Trezor or Ledger can be used if they integrate with MetaMask. (Please ensure your software and hardware wallets have been updated to their most up-to-date versions.)
If you are not using a MetaMask compatible wallet, you can set up a new MetaMask wallet and send MRPH to the new MetaMask wallet and complete the swap. Once complete, you can send back the new MNW to your preferred wallet.
You can download MetaMask from their official website: https://metamask.io/download
Do not send tokens to the smart contract without using the official portal. Do not send tokens from an exchange.
Once the transaction is completed, you will receive the exact same number of MNW tokens at a 1:1 ratio swap.
Is the swap safe?
The token swap is a safe, secure and quick process. However, please carefully read through this document to fully understand the process.
Is the new MNW token ERC20?
Yes. The new MNW is an ERC20 token on the Ethereum blockchain.
Will there be any transaction fees on the swap?
There is no fee besides Ethereum gas fee required to send MRPH tokens to the smart contract address for the 1: 1 swap.
What will this swap do to the total supply of MRPH?
There will be no change to the total supply of tokens.
When is the MRPH swap window?
There is a one (1) year window to swap your old tokens to the new MNW token starting from October 18th, 2021 to October 18th, 2022.
Will the MNW tokens be burnt?
No. The new MNW token will have the exact same token supply as the outgoing MRPH token.
When will a Block explorer be available on the MNW blockchain?
As an ERC20 token, MNW is Ethereum based and so any Ethereum blockchain explorer such as Etherscan or Ethplorer can be use.
Once I have swapped, when do I receive my MNW tokens?
They should be received right away once the transaction completes. You can view the status of the transaction through your MetaMask wallet.
What will happen to the old MRPH on exchanges?
MNW will be the new token on exchanges replacing MRPH.
What happens to my LP tokens on Uniswap?
You are required to withdraw liquidity from Uniswap and follow the swap process found at https://swap.morpheus.network. Feel free to add Liquidity to the new MNW pool after receiving the new tokens to continue receiving Uniswap LP rewards.
How do I swap my MRPH tokens on Uniswap exchange?
The new MNW tokens is immediately available on Uniswap. Note that you cannot perform the MRPH to MNW token swap using Uniswap. If you’re a Liquidity Provider on Uniswap, you are first required to withdraw MRPH from Uniswap and follow the swap process found at https://swap.morpheus.network.
How do I swap my MRPH tokens on Bittrex exchange?
The MRPH tokens on the Bittrex exchange will soon be automatically swapped for the new MNW tokens at a ratio of 1:1. If your MRPH tokens are on Bittrex, no action is needed!
How do I swap my MRPH tokens on Bancor exchange?
You are required to withdraw liquidity from Bancor and follow the swap process found at https://swap.morpheus.network. Feel free to add Liquidity to the new MNW pool after receiving the new tokens.
Metamask is saying that deep-linking is not supported
If you are using Metamask on a mobile device, please use the MetaMask built-in web browser. In the Metamask menu, click on “Browser” and then navigate to the official swap portal: https://swap.morpheus.network/
Where can I find the Terms and Condition?
Please read the MRPH to MNW Token Swap Program Terms and Conditions before completing a swap. The terms and Conditions can be found in the bottom footer of https://swap.morpheus.network. And here is a direct link:
https://swap.morpheus.network/TOKEN_SWAP_TERMS_AND_CONDITIONS.pdf
I still have more questions!
Reach out to our team at support@morpheus.network!
This document will be continuously updated with new questions and answers!
Join the conversation on Telegram at https://t.me/themorpheusnetwork. Remember, there is only one was to swap tokens: https://swap.morpheus.network!
Beware of fake groups pretending to be us or fake admins pretending to be team members. No member of the Morpheus.Network team will DM you or ask for funds.
Update: We recently launched Morpheus.Network Masternodes!
At Morpheus.Network, we are intensely focused on helping companies and Government organizations remove barriers to optimize and automate their global supply chain operations. Our team and global network of partners has extensive experience in implementing cutting-edge solutions leveraging our breakthrough supply chain platform. We help clients maximize revenue through digitization and process automation, protecting sensitive data, and untangling complex issues with the legacy supply chain system while delivering effective, equitable, and efficient global trade solutions.
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