zkSync Lite products are being gradually phased out on the Argent mobile wallet app. Currently, Index Coop is not building or supporting products on zkSync Era or Starknet. Argent has started these communications because a few other projects want to end support for their products on zkSync Lite more quickly. There is currently no firm timeline for when Argent will fully remove support. However, current expectations are for another 6-12 months. Holders of Index Coop products can bridge directly to mainnet, swap for ETH/USDC or migrate to another L2 platform, such as rhino.fi, as per the guide below.
Depending on your holdings, there are three potential paths for either migration or redemption of your Index Coop products:
To send assets to your Vault, please follow these instructions:
Users will need:
Overview of migration:
To send assets to rhino.fi, please follow these instructions:
a. On very rare occasions, swaps sometimes do not work. If this happens, please check back in a few hours. If the problem persists, please reach out to Index Coop or Argent.
a. Make sure you are still on the zkSync Lite network, as shown in the top left corner.
b. Click Send
c. Then click on the scan QR code to the right of the “Username or address” search bar
d. Scan the QR code from Step 5.
e. Select the zkSync Lite (1.0) network.
f. Select ETH as the asset you want to send.
g. Note: you can toggle between $ or ETH amount using the ⇵button.
h. Click review for one last chance to check all the details are correct before sending.
j. Check the address matches your web3 wallet and you are sending from zkSync Lite (1.0) ➡️ zkSync Lite (1.0)
k. This step is very important. Incorrectly selected networks or addresses will likely result in a permanent loss of funds.
a. Select the zkSync Lite network in the first box.
b. Make sure not to select zkSync Era.
c. Select your preferred L2 network.
d. Click Swap now, noting you will receive slightly less ETH than sending to cover the cost of bridging
e. Before completing the transfer, authorise Layerswap to send ETH on zkSync.
f. After authorising, the previous button will change to Transfer.
g. The next transaction to appear in your web3 wallet will ask you to sign a message that the address and amount of ETH being sent are correct.
h. Make sure to double-check everything again before signing.
a. The screen should auto-populate as above.
b. If you choose a different L2 from Base, select the correct one.
c. Your balance should show in the drop-down.
d. Verify the asset you are bridging in is ETH and the destination is rhino.fi.
e. Follow the instructions on Rhino if it asks you to change the network.
f. Wait a few minutes for the transaction to complete.
a. icETH - https://app.rhino.fi/invest/ICETH
ii. Supply ETH to access icETH
b. dsETH - https://app.rhino.fi/invest/DSETH
ii. Supply ETH to access dsETH
Congrats, you’ve successfully migrated your icETH or dsETH to L2 on rhino.fi.
If you have any questions or need assistance with the migration process, please don't hesitate to contact us. Our team is always ready to provide you with the support and guidance you need to ensure a smooth transition. Whether you're seeking clarification on specific steps or encountering any challenges, we're here to help. Join our Discord community and contact us anytime for reliable and friendly assistance with your migration.
Disclaimer: This content is for informational purposes only and is not legal, tax, investment, financial, or other advice. You should not take, or refrain from taking, any action based on any information contained herein, or any other information that we make available at any time, including blog posts, data, articles, links to third-party content, discord content, news feeds, tutorials, tweets, and videos. Before you make any financial, legal, technical, or other decisions, you should seek independent professional advice from a licensed and qualified individual in the area for which such advice would be appropriate. This information is not intended to be comprehensive or address all aspects of Index or its products. There is additional documentation on Index’s website about the functioning of Index Coop, and its ecosystem and community.
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