$MOLTEN to $XMA

$MOLTEN is migrating to $XMA at a 1:1 ratio. Every holder of $MOLTEN can convert their tokens to $XMA through a dedicated migration contract. The total supply of $XMA matches the total supply of $MOLTEN - no inflation, no dilution, no hidden allocations.

This migration accompanies the rebrand from Molten to Machima. $XMA becomes the native token of the Machima protocol, with utility across all five protocol layers. The migration is designed to be straightforward, transparent, and fair to every holder.

The migration works through a smart contract deployed on Base. Holders deposit their $MOLTEN tokens into the contract and receive $XMA at a 1:1 rate. $XMA is delivered immediately upon deposit - no waiting period, no vesting, no conditions.

The $MOLTEN deposited into the migration contract is permanently locked. It cannot be withdrawn, transferred, or reused. Once you deposit, those $MOLTEN tokens are removed from circulation forever.

The migration window will be open for 7 days from the announced start date. During this period, holders can deposit $MOLTEN and receive $XMA at any time. There is no advantage to migrating early or late within the window - the rate is 1:1 throughout.

After the migration window closes, the contract stops accepting deposits. Any $XMA remaining in the contract from holders who did not migrate will be retained by the project as the basis of a treasury.

Specific dates and contract addresses will be announced through official Machima channels before the migration opens. Verify all contract addresses before interacting - if it's not from an official source, don't touch it.

Once the window closes, $XMA becomes the sole token of the Machima protocol. A new $XMA/WETH liquidity pool will be established on Elixir, seeded with 12% of the $XMA supply (at current ownership levels).

$MOLTEN will have no further utility within the Machima ecosystem after migration ends. Any $MOLTEN not migrated stays as-is but cannot be converted to $XMA. Migrate within the 7-day window.

The new $XMA pool is structured to establish a market capitalisation floor. Liquidity is provided as single-sided $XMA, meaning there is no downside liquidity below the launch price. The price can only move upward from the initial level as buy demand enters the pool.

The starting market capitalisation of $XMA will be set at the nearest $500,000 increment above the $MOLTEN market cap at the time of transition. This ensures $XMA launches at a clean valuation that reflects the existing market while providing immediate upside from the floor.