Transfer

All $XXXDAT tokens are non-transferable through regular wallet-to-wallet transfers.

But over time, users may have a legitimate reason to move their tokens:

• switch to a new wallet
• send tokens to another person
• move assets to a safer address

For this, there is a dedicated interface on our website:

https://www.on-chaindat.com/transfer

The transfer works through a special intermediary contract (the relay).

The principle is similar to how $veAERO positions are moved on Aerodrome.

How it works:

• you connect your wallet
• enter the amount of $XXXDAT
• enter the recipient address
• approve the contract to spend only that specific amount
• click “Send”
• the contract takes the specified amount of $XXXDAT from your wallet and sends it to the selected address

Transfer fee:

Every transfer charges a mandatory 1% fee, taken in $XXXDAT and burned (sent to the dead address). The recipient receives the remaining 99%. The burn permanently reduces the circulating supply and shows up in the protocol’s burn total like any other buy-and-burn.

Important:

• regular $XXXDAT transfers between wallets are disabled
• transfers are only possible through the official interface and the relay contract
• the contract receives permission only for the exact amount you choose
• a 1% fee is burned on every transfer; the recipient receives 99%
• tokens cannot be moved without your confirmation in your wallet