🐃Migration

V1 -> V2

Emblem Vault's migration from its Legacy contract (V1) to its curated collections (V2) represents a strategic evolution designed to harness the advancements in blockchain technology and meet the growing needs of the crypto community. The original V1 platform laid the foundation, offering users a novel way to manage and transact digital assets across multiple blockchains. However, as the blockchain space has matured, with an increasing emphasis on interoperability, security, and user experience, the transition to V2 curated collections became essential. This migration is aimed at improving the platform's scalability, enhancing asset security, and introducing a more intuitive and user-friendly interface. By moving to V2, Emblem Vault is set to offer a more robust and flexible platform that supports a wider range of digital assets, provides advanced features for asset management, and fosters a more vibrant ecosystem for creators, collectors, and traders.

The curated collections model in V2 is specifically designed to cater to the diverse interests and requirements of the Emblem community. This approach not only allows for the categorization and organization of assets in a more meaningful and accessible way but also introduces a level of curation that adds value to the collections and the broader ecosystem. With V2, Emblem Vault is building towards a chain-agnostic marketplace, ensuring that users can effortlessly navigate and leverage their assets across different blockchain environments. This migration underscores Emblem Vault's commitment to innovation, aiming to set new standards in the digital asset space by offering seamless crosschain functionality, enhanced user engagement, and a forward-thinking approach to digital asset management and interoperability.

Moving forward, Emblem Legacy will transition into maintenance mode, ensuring that all assets currently stored in vaults will remain secure, albeit without the provision of further updates to Emblem's Legacy contract. This decision marks a pivotal shift in Emblem Vault's strategy, focusing on advancing the platform while maintaining the integrity and safety of previously vaulted assets. Users interested in leveraging the newer features of Emblem Vault have the option to migrate their assets. This migration process is facilitated through the "Advanced Options" section within their vaults, designed to be a one-time, irreversible action. Once a vault is migrated from the Legacy collection, it cannot revert to its original state.

In line with this transition, minting capabilities on Emblem Legacy have been permanently disabled, and its trading functionalities have been either paused or delisted across all Ethereum NFT Marketplaces. However, users retain the flexibility to unvault their assets or proceed with migration at their convenience. Access to Legacy vaults remains available through the "My Vaults" section on Emblem.Finance, ensuring users can manage their assets as they navigate this transitional phase. This approach underscores Emblem Vault's commitment to user security and platform evolution, striking a balance between innovation and the safeguarding of user assets.

Read about migration here or here