Token Upgrade
Protocol
Process to migrate a token to improved logic or standard.
A token upgrade migrates holders to a new contract or standard (e.g., fixing bugs, adding features). Mechanisms include token swaps, proxies, or snapshot‑based distributions.
Frequently asked questions
How does a token upgrade work?
Via proxies, token swaps, or snapshot based distributions. Follow official guides.What should holders do?
Verify the new contract, deadlines, and migration steps. Beware of fake upgrade sites.Are upgrades risky?
They can be. Review audits, governance approvals, and timelocks before proceeding.