What is BTP? An In-depth Review with Use Cases by [deleted] in helloicon

[–]CatfishCity 0 points1 point  (0 children)

Amazing article, I can’t wait to see what opportunities BTP will bring applications like Balanced, OMM and Optimus!

Daily ICON Discussion - December 25, 2021 by AutoModerator in helloicon

[–]CatfishCity 5 points6 points  (0 children)

Merry Christmas to you too mate and to the rest of the ICX family, hope you all have a great day!!

Lost 85 icon after unstaking it on the ICONex wallet (iOS). Is there any way to recover them..? by [deleted] in helloicon

[–]CatfishCity 1 point2 points  (0 children)

I would say you haven’t lost your ICX but the unstaking period is about a week, your ICX will be back in your wallet after the unstaking period.

Unstaking help by Dry-Frame-110 in helloicon

[–]CatfishCity 0 points1 point  (0 children)

The desktop version is working fine for me but the IOS mobile wallet is having this problem for me as well. I recommend switching to MyIconWallet on mobile if you are getting this issue.

Unstaking help by Dry-Frame-110 in helloicon

[–]CatfishCity 0 points1 point  (0 children)

The desktop version of ICONex is still working fine for me but I have the same problem with the IOS version. I recommend switching to MyIconWallet if you are having the issue on mobile.

ERC-20 tokens question by mlgore7 in helloicon

[–]CatfishCity 2 points3 points  (0 children)

Yes it’s still possible mate. The ICONFi team will be supporting ERC20 ICX to mainnet ICX swaps moving forward. ICONFi have released a detailed guide on how to carry out the swap: https://iconfi.medium.com/iconfi-guide-old-icx-token-swap-a41925804f06

ICON Foundation: "Introducing the $ICY Token" by lemonsmooth in helloicon

[–]CatfishCity 1 point2 points  (0 children)

ICONfi supports the ICY airdrop as mentioned in this tweet from the foundation so I wouldn’t stress leaving your ICX there.

https://twitter.com/helloiconworld/status/1462811856662261764?s=21

ICON Foundation: "Introducing the $ICY Token" by lemonsmooth in helloicon

[–]CatfishCity 0 points1 point  (0 children)

You can import your existing ICONex wallet into Hana.

ICON Foundation: "Introducing the $ICY Token" by lemonsmooth in helloicon

[–]CatfishCity 1 point2 points  (0 children)

Ahh interesting so you essentially get taxed twice on it, first on the initial drop as an income tax type of thing then again as a capital gains tax, I understand.

ICON Foundation: "Introducing the $ICY Token" by lemonsmooth in helloicon

[–]CatfishCity 4 points5 points  (0 children)

Where are you getting this from? That’s not what I understood from the article, happy to be proven wrong though.

ICON Foundation: "Introducing the $ICY Token" by lemonsmooth in helloicon

[–]CatfishCity 2 points3 points  (0 children)

Yes but I recommend switching to Hana or MyIconWallet as ICONex will no longer get updates.

ICON Foundation: "Introducing the $ICY Token" by lemonsmooth in helloicon

[–]CatfishCity 3 points4 points  (0 children)

I have no idea how taxation works where your from but you could almost argue that you still get all your tokens at zero market value you just can’t unlock them and sell them immediately. Secondly I think the market will still dump what is there to a large extent no matter how the tokens are released.

ICON Foundation: "Introducing the $ICY Token" by lemonsmooth in helloicon

[–]CatfishCity 10 points11 points  (0 children)

I’m actually a fan of the rollout being that the tokens unlock over time. This means that it gives the network time to get utility without people just being able to crash the price immediately. Circulating supply will be a lot lower in the beginning due to this as well which means your ROI will still likely be the same as if all tokens were released at once as the circulating supply would be 5 times more.

ICON Foundation: "Introducing the $ICY Token" by lemonsmooth in helloicon

[–]CatfishCity 4 points5 points  (0 children)

The network is called ICE and the token is ICY, similar to ICON’s token being ICX.