<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.