FOMOWELL: Unable to Trade or Send PirateDAO

General
1

I recently sent some PirateDAO to my Fomowell address and when I try to trade them (/2qbqe-iyaaa-aaaam-ad3bq-cai), the trade consistently fail. I even tested with a 50% slippage, but the issue persists. The ICP liquidity pool is funded, so that’s not the cause.

For context, I’m logging into Fomowell using my Internet Identity. While my PirateDAO balance shows correctly in the trade interface, it doesn’t appear at all in the wallet view. This makes it impossible to send or manage tokens in the wallet.

It seems like Fomowell may be shifting away from the ICP ecosystem, as their new platform appears to support only Base. If they’re no longer offering support, am I out of options? Or is there a manual way to recover or transfer my PirateDAO tokens to another wallet?

Any help or guidance would be greatly appreciated.

2

Hello! Thank you for your feedback and I fully understand your current troubles. Here is a detailed explanation of the situation for you:

The PirateDAO you hold is an asset issued in the first version of Fomowell. This version is the original one we initially built in the ICP ecosystem. Since then, Fomowell has undergone two major upgrades and is now in its third generation - the Bitcoin asset issuance and trading platform based on ckBTC technology that we are currently promoting.

Regarding the issue you mentioned that PirateDAO cannot be traded: The token has been migrated and has been listed on ICPEx. You can travel to https://icpex.org/exchange search PirateDAO trading operations.

Please rest assured that Fomowell has never left the ICP ecosystem. We remain active and are committed to promoting the prosperity of the ICP ecosystem. All core interactions of the platform - including asset minting, transaction matching, liquidity provision, etc. - operate on the ICP network, relying on its chain key and powerful computing capabilities to ensure both efficiency and security.

The current version of the Fomowell platform is built with ICP’s ckBTC technology as its core component, featuring enhanced trading performance and a smoother user experience. It aims to provide users with truly secure, efficient, and decentralized services for the issuance and trading of Bitcoin assets.

Important Reminder: We plan to cease maintenance and support for the first-generation Fomowell version in the near future. It is recommended that users who still hold the relevant assets handle them as soon as possible to avoid future restrictions. If you have any questions or need assistance during the operation, please feel free to contact our team at any time. We will do our best to assist you.

We also welcome you and more community friends to keep following the latest developments of Fomowell!

Fomowell: A secure, efficient and decentralized platform for the issuance and trading of Bitcoin assets
:white_check_mark: ultra-low cost issuance mechanism
:white_check_mark: second-level matching trading experience
:white_check_mark: is executed on the entire chain without the need to trust intermediaries
:white_check_mark: decentralized governance based on SNS
:white_check_mark: All contracts of have been open-sourced audited and are on-chain verifiable
:white_check_mark: 100% asset reserve, ckBTC on-chain transparent mapping, 1:1 anchored to real BTC

Fomowell has always taken promoting the prosperous development of the ICP ecosystem as its core goal, and is also committed to expanding the practical application of ICP in the field of Bitcoin asset issuance and trading, and promoting the integrated construction of the two ecosystems.

The FomoWell team

2 Likes
3

Thank you very Much for the fast and efficient response. Also i see At this very moment the Trades go thru so thank you for fixing it.

1 Like