Warning: Steem witnesses executed a hard fork on 2020-05-20, seizing 23.6M STEEM from 65 accounts. The funds were transferred to an account named @community321, the ownership (and intentions) of which have not been revealed. The witnesses claim to have been targeting accounts which defended against a hostile takeover in early March, but at least 2 accounts on the list have been inactive for over 4 years.

Coverage:
- Decrypt.io: Steem network to seize $5 million from its own users
- SteemPeak.com: Official Announcement by @softfork22888
- GitHub.com: view steemd HF23 changes

What you can do:
- Send exchanges a notice of the pending class action lawsuit.
- Switch to HIVE, the community-led fork. Visit Hive.blog and Hiveblocks.com.

BUILDTEAM TOKENS MIGRATING TO HIVE-ENGINE.COM by buildteam

View this thread on steempeak.com
· @buildteam ·
$2.90
BUILDTEAM TOKENS MIGRATING TO HIVE-ENGINE.COM
<center>
![](https://i.imgur.com/OjWiFkY.jpg)
</center>

BuildTeam had planned to migrate token distribution and staking to steem-engine.com but since the political and network situation on Steem is no longer stable nor favourable, we have taken the decision to expedite the transition to hive-engine.com instead.

Bitshares was a good starting point for the BUILDTEAM token however, the Bitshares interface is complicated and difficult for most users, by migrating to hive-engine.com the user experience in receiving distributed tokens and staking them for a share of BuildTeam nett revenue should be greatly enhanced. 


---

## Bitshares <-> Hive-Engine Token Conversions

---

The first step to achieving the aforementioned goal is to create a token conversion gateway bridge between Bitshares and Hive-engine. 

In exactly two weeks on **Saturday the 6th of June**, we will **permanently switch-off** the existing **gateway for Bitshares <-> Steem Engine**.

At the same time, a **1:1 airdrop will be performed to all BUILDTEAM token holders** on Steem-Engine, which will **airdrop to them the equivalent amount of BUILDTEAM tokens on Hive-Engine**.

From that point onward, Steem-Engine BUILDTEAM tokens will be considered worthless and should no longer be used or traded.

The conversion process is different to our current Bitshares <-> Steem-engine bridge so please take note of the necessary steps.

### 1. Gateway Instructions

### 1.1 Bitshares to Hive-Engine

On Bitshares, send your **BUILDTEAM** tokens to the **buildteam** account with the memo `BUILDTEAM hive-account-name`.

<center>
![](https://i.imgur.com/Q6owrFE.png)
</center>

_Note: This will incur a 1% exchange deposit fee._

You will now receive the equivalent amount on Hive-Engine, less the exchange deposit fee.


### 1.2 Hive-Engine to Bitshares

On Hive Engine, send your **BUILDTEAM** tokens to the **buildteam** account with the memo `BUILDTEAMBTS bitshares-account-name`. 

<center>
![](https://i.imgur.com/qKL0ADp.png)
</center>

_Note: This will incur a 1% exchange withdrawal fee + Bitshares network transaction fee._

You will now receive the equivalent amount on Bitshares, less the exchange deposit fee and Bitshares network fees.

On the Bitshares side the transaction will look like this:

<center>
![](https://i.imgur.com/0RYv5dv.png)
</center>

### 1.3 Memo Generator and Deposit Help

If you forget the exact memos to use, then this form is available:

https://converter-api.hive-engine.com/convert/

Simply select the bridge pairs and hit the **"Get Deposit Info"** button and use the generated memo in your transaction.

<center>
![](https://i.imgur.com/aLLmJSr.png)
</center>

If you make a mistake with the memo, need refunds or assistance with stuck deposits, etc, please raise a support ticket with Privex using the following link. 

**https://support.privex.io/open.php** 

Create the ticket by selecting **"SteemEngine Help / Deposit / Withdrawal Issues"** as the ticket Help Topic, which will route the ticket to the correct support department for Hive-Engine and Steem-Engine.

<center>
![](https://i.imgur.com/99EFufy.png)
</center>

---

## Staking will Migrate to Hive-Engine at a Later Date

---


The above bridging gateway is the first step in preparation for full staking to occur on Hive-Engine. For now staking rewards will be based on Bitshares balances, we will announce at a later date when staking functions have been replicated on Hive-Engine so please follow the @buildteam blog for further updates.   
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👎  
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vote details (70)
@eastmael ·
If we are to increase our buildteam stake, where do you suggest we stake more? Steem engine?
properties (22)
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