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Migrating V2.1 Positions

This section outlines the process to migrate Bancor V2.1 positions to Bancor V3.
This process calculates all your available rewards and might be expensive
1. Identify your position(s)
This step explains how to identify your position IDs. 
Visit the LiquidityProtectionStore contract on etherscan​
Execute the protectedLiquidityIds function (this is a Read function)
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Input variable
Name
Type
Description
_provider 
address
 Your wallet address
Output response
Name
Type
Description
id(s)
uint256
1 or more unique IDs that indicate the protected positions for the specified address
2. Identify position data
This section explains how to identify the relevant data based on the unique position ID.
Visit the LiquidityProtectionStore contract on etherscan​
Execute the protectedLiquidity function (this is a Read function)
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Input variable
Name
Type
Description
_id 
uint256
A unique position ID
Output response
Name
Type
Description
provider
address
The wallet address of the position owner
poolToken
token
The pool token address *
(i.e. LINK/BNT pool token address)
reserveToken
token
The reserve token address *
(i.e. LINK token address)
poolAmount
uint256
Pool token amount *
reserveAmount
uint256
Reserve token amount
reserveRateN
uint256
Rate of 1 protected reserve token in units of the other reserve token (numerator)
reserveRateD
unit256
Rate of 1 protected reserve token in units of the other reserve token (denominator)
timestamp
unit256
Timestamp of the original deposit
 * These values are needed for the migratePositions function
3. Migrate your protected positions
Now that you have your V2.1 protected position(s) data available, you can proceed in calling the migration function and move the funds to Bancor V3.
This process will migrate the full position and update the protection to 100% as a bonus
Visit the LiquidityProtection contract on etherscan​
Execute the migratePositions function (this is a Write function)
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​
Input variable
Name
Type
Description
positionLists
PositionList
Array of data to define the pool, token and positions.
Format example:
[["poolTokenAddress", "reserveTokenAddress", [ID1, ID2, ..]]]
[["0x5B38Da6a701c568545dCfcB03FcB875f56beddC4","0x5B38Da6a701c568545dCfcB03FcB875f56beddC4",[1,2,3]]]
​
You can group multiple IDs with the same poolToken and reserveToken combination
i.e. all IDs for LINK from the LINK/BNT pool
Once executed successfully, the following will happen:
1.The v2.1 protected position(s) will no longer exist
2.The value of the protected tokens will be staked into Bancor V3
3.You would receive bnTokens that represent your migration
If you wish to participate in Standard Rewards, proceed to Joining Standard Rewards guide

Name	Type	Description
_provider	address	Your wallet address

Name	Type	Description
id(s)	uint256	1 or more unique IDs that indicate the protected positions for the specified address

Name	Type	Description
_id	uint256	A unique position ID

Name	Type	Description
provider	address	The wallet address of the position owner
poolToken	token	The pool token address * (i.e. LINK/BNT pool token address)
reserveToken	token	The reserve token address * (i.e. LINK token address)
poolAmount	uint256	Pool token amount *
reserveAmount	uint256	Reserve token amount
reserveRateN	uint256	Rate of 1 protected reserve token in units of the other reserve token (numerator)
reserveRateD	unit256	Rate of 1 protected reserve token in units of the other reserve token (denominator)
timestamp	unit256	Timestamp of the original deposit

Name	Type	Description
positionLists	PositionList	Array of data to define the pool, token and positions.

Completing the Withdrawal

Rewards: Auto Compounding Rewards Distribution

Last modified 1yr ago