What is happening with the EMBR token?

• The EMBR token is sunsetting, and current holders are being integrated into the VOW token ecosystem. The EMBR token will be procedurally burned as holders transition from EMBR to VOW. Learn more about VOW here.
• The EMBR token is no longer being supported by Mattr Holdings, the parent company of Embr Labs. We’ve negotiated a deal where EMBR token holders are entitled to an allocation of VOW where this allocation value includes staking rewards earned up to now, and will be calculated with a 3-month median price (before announcement). We invite you to join us over on VOW

Why is Mattr Holdings/Embr Labs making this transition from EMBR to VOW?

• As a part of a larger strategic partnership between Mattr Holdings and Enigmatic Smile, this migration is a consequence of aligned values and missions. VOW is a far more established token with utilities and use cases available now, versus EMBR’s theoretical ideas and applications that would have taken more time. Ultimately, we feel strongly that VOW provides the better proposition for long term return on investment.

What will happen to my EMBR tokens?

• In an effort to protect people’s investments from malicious manipulation, the BNB in the BNB-EMBR pair has been secured. Consequentially, this means that your EMBR tokens will lose their value. As you claim your rightful allotment of VOW, your EMBR will be collected and burned.

How do I claim my VOW tokens?

• We've made this process as simple as possible. Visit embr.org/claim-vow, connect your wallet, and click the colorful button to claim your VOW. We use Hedgey’s new API to ensure the process is seamless, efficient, and safe. Since VOW is on Ethereum, you will receive a small amount of ETH for gas fees to ensure you can complete the claim. This calculated airdrop for gas will occur before the claims interface goes live but cannot be guaranteed to cover gas fees indefinitely due to the volatile nature of cryptocurrencies such as Ethereum. Additional gas may be required. We have a guide to walk you through the process step-by step here.

What is the exchange rate for EMBR to VOW?

• The exchange rate for the VOW claim process is calculated by combining your EMBR holdings with staking rewards. The USD value of your total holdings will be equal to market price of both tokens.

What happens to the value of my staked EMBR tokens and accrued rewards?

• The value of your staked EMBR and staking rewards, those accrued up to the moment of announcement, will be used to help create the value of your allocation of VOW. The amount of VOW you are able to claim will reflect all of your EMBR holdings + rewards.

What is the Hedgey API and why is Mattr Holdings/Embr Labs using them?

• Hedgey is a industry leader in token infrastructure for token teams. We’ve used Hedgey internally for a while and can attest to the quality of their product. Hedgey is allowing us to plug their API into our front-end interface to help make this claim process as smooth as possible. The specific product we are using is highly audited and secure. Review Hedgey’s audits here.

What chain is the VOW token on?

• VOW is an Ethereum token. You can find the token details here. You can find the CoinMarketCap page here. Functionally, interacting with Ethereum tokens is virtually identical to interacting with BSC tokens. The biggest difference will be the gas fees - which tend to be higher on Ethereum vs BSC. This is a handy tool on the EthereumScan website that tracks ETH gas fees.

Will I need ETH to claim my VOW tokens?

• Yes, you will need a small amount of ETH to claim your VOW. To help cover this cost, we airdropped a small amount of ETH to EMBR holders at the time of the initial announcement. However, due to the volatility of Ethereum and cryptocurrencies, we cannot guarantee that this gas airdrop will cover 100% of the gas fee required to claim indefinitely.

What are the benefits of holding VOW tokens?