Athene Network, a robust, decentralized platform that utilizes blockchain and AI technology, has announced its official transition from Ethereum Network to Smart Chain Vinance. As a result of this transition, Athene is currently adopting the BEP20 token standard for its native $ATN tokens. Athens sees this development as an important move to enhance on-chain operations, as it is the platform mentioned in the social media announcement. However, despite this transition, users will be allowed to use both the BEP20 and ERC20 formats until August 5th.
$atn shifts to the $bep20 token standard.
The Athene Network’s migration from Ethereum’s ERC20 Token Standard to Binance Smart Chain’s BEP20 Token Standard highlights the $ATN conversion. So this causes the processing of the $ATN token to be performed via BSC (BEP20). Nevertheless, the platform will continue to allow processing through the ERC20 token standard until August 5th. This is followed by a full shift. Therefore, users can resolve ERC20-related operations before this change.
Adopt a multi-chain future for efficiency and scalability
According to Athene Network, the $ATN token’s migration to BEP20 highlights pivotal developments in the continuous evolution of the platform. Therefore, amid increasing availability of multi-chain blockchain projects, this initiative highlights the contribution of Athene Network to broader scalability and efficiency. Furthermore, even after August 5th, the platform will continue to accept ERC20 deposits for internal conversion to BEP20 format before retreating.
