Don’t Want To Lose Your EOS Or Free eosDAC Tokens? Here’s What You Need To Do…

It’s exciting times for EOS, with the company ditching Ethereum and shortly launching their own public blockchain. The bad news is that if you bought your EOS tokens on an exchange, you will need to register them before June 2nd 21:59:59 UTC. Failure to do so will result in you losing your tokens.

In other news, EOS is also doing an airdrop for its eosDAC tokens. If you held less than 100 EOS tokens on the 15th April at 01:00 UTC, then you have till the 15th of May to claim your free tokens.

In this article we will show you how to register your EOS tokens and claim your eosDAC airdrop.

How To Claim Your eosDAC Airdrop Tokens?

eosDAC Cryptocurrency logo

Claiming your airdrop tokens is pretty straightforward.

  • Locate your Ethereum public address holding your EOS tokens.
  • Go to the following site in your browser: https://eosdac.io/airdrop/
  • Enter your Ethereum public address and click submit.
  • You address should then say requested next to it. If it does you are done and there is nothing else you need to do to get your free eosDAC tokens.

Please note there are many scams out there that impersonate the site and ask for your private key. Just remember to that your public key is alright to give out and your private key certainly is not. Beware of the scammers.

Failure to claim your eosDAC tokens by the 15th of May will mean you forfeit them.

The eosDAC Token Does Not Show On MyEtherWallet. How Do I Fix That?

  • Login to your MEW account in the ‘View Wallet info’ section. Then click ‘Add Custom Token’.
    How to add the eosDAC token to MyEtherWallet step 1
  • Then enter the following information in the bank fields:
    • Token Contract Address: 0x7e9e431a0B8c4D532C745B1043c7FA29a48D4fBa
    • Decimal: 18
    • Token symbol: eosDAC
      How to add the eosDAC token to MyEtherWallet step 2
  • Then just click save and you will be able to see your eosDAC tokens in MEW when they are sent.
    eosDAC token showing in MyEtherWallet Token balances

A Step By Step Guide On Registering Your EOS Tokens Using MyEtherWallet

MyEtherWallet Logo

The reason why you have to register your EOS tokens is because they are currently ERC20 tokens that were built on the Ethereum blockchain. EOS will launch their own public blockchain on June 2nd 21:59:59 UTC. At this time, a snapshot will be taken of every registered Ethereum wallet holding EOS tokens and registered EOS tokens will be migrated to the new public blockchain

If you bought your EOS on an exchange, failure to register will mean your wallet will not be part of the snapshot. After June 2nd 21:59:59 UTC, all old EOS Ethereum tokens will be frozen and will be worthless.

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Before you you get started, make sure you have at least 0.01 Ethereum in your EOS wallet. You will need it to pay for the smart contract that will register your tokens.

The Official EOS Website

First you want to navigate to the official EOS website and scroll down to the ‘EOS Token Distribution’ section and click ‘Get EOS’.

EOS Site navigation to register EOS tokens "Get EOS"

You will then see a EOS token purchase agreement. Tick all the boxes and press ‘Continue’.

EOS Token Purchase Agreement Form

Scroll down the page until you see the ‘Register’ section and then click the register link.

How To Register EOS Tokens

On the next page you will see some tabs with wallet choices. First select MEW and click the ‘Generate EOS Keys’ button.

How To Generate Your EOS Keys For MyEtherWallet

You will then see a public and private key for your EOS wallet. These keys will grant you access to your EOS once the tokens have been migrated to the new blockchain. You will want to store these keys securely. We recommend writing them down and storing in plastic zip lock bag to prevent water damage.

EOS public and private key

MyEtherWallet

Now go to the official MyEtherWallet site and select ‘Contracts’.

Contracts tab on MyEtherwallet

Next, select ‘EOS –  Contribution’ from the ‘Select Existing Contracts’ dropdown and click ‘Access’. The contract address will populate automatically for you.

Selecting the EOS contribution contract in MyEtherWallet

You will then see a ‘Select Function’ button. Click it and select ‘register’ from the dropdown. You will then see a ‘key string’ box, just input the EOS public key you have previously generated.

Registering Your EOS Public Address In MyEtherWallet

The next step is to unlock your MEW wallet holding your EOS and clicking ‘Write’.

Finish writing your EOS contribution contract

Verify that the ‘amount’ is 0 and click ‘Generate Transaction’.

How Do I Check I Have Registered My EOS Tokens Properly?

  • Go back into the ‘Contracts’ section of MyEtherWallet.
  • Select ‘EOS Contribution’ and hit ‘Access’.
    Selecting the EOS Contribution Contract In MyEtherWallet
  • Click the ‘Select Function’ button, choose ‘Keys’ from the dropdown and enter your Ethereum public address into the ‘address’ box.
    Checking EOS Tokens Have Been Registered Properly Using Keys Function In MyEtherWallet
  • Once you click the blue ‘Read’ button, you should see your EOS public address displayed. If you see this, you know you have registered your EOS tokens correctly.

Can You Sell Your EOS Tokens After Registering Them?

In short, yes you can. When the snapshot is taken on 1st June, if no EOS tokens are in your registered wallet, then no tokens will be migrated over to the new blockchain. Tokens are not locked up, meaning you can still trade the EOS ERC20 tokens until the snapshot is taken.

Conclusion

There are many scammers out there taking advantage of the EOS registration process and the eosDAC airdrop. Make sure you double check everything and never hand over your private keys to anyone.

We hope you find these walkthroughs useful and that you guys have taken action on time.

Further Reading At TotalCrypto.io
1) Looking To Hedge Your EOS Investment With Another Promising Application Developer Platform? Check Out The “The Ethereum Of China”.

2) Ledger Vs Trezor Comparison: Still Not Got A Hardware Wallet? Don’t Be Like Ian Bellina & Lose $2M In Crypto. Take Your Crypto Security To The Next Level.

3) Basic Attention Token (BAT): Is It The Future Of Advertising On The Internet?

TotalCrypto users register EOS tokens and claim eosDAC at their own risk. Always cross check any information source to do with cryptocurrency.

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