CLEAR Migration
This document is currently subject to review before being finalized. If you notice a revision that needs to be made or have feedback, please request a revision or start a conversation with us on Discord at https://discord.com/invite/everclear
L2 Holders (Automatic Migration)
If you hold NEXT on any Layer 2 network (Arbitrum, Optimism, Polygon, BNB, Gnosis), your tokens were automatically upgraded to CLEAR.
L1 Holders (Manual Migration)
If you hold NEXT on Ethereum (L1), you'll need to migrate your tokens manually:
Visit the migration portal: https://stake.everclear.org/migrate-next
Connect your wallet containing NEXT tokens
Select the amount you wish to migrate
Confirm the transaction
Reversibility
The migration is currently reversible, allowing holders to convert CLEAR back to NEXT while liquidity continues to migrate. To migrate from CLEAR back to NEXT:
Visit the migration portal
Click the swap arrow to reverse the migration direction
Select the amount to unwrap
Confirm the transaction
Additional Resources
For a detailed walkthrough of the migration process and related features, visit our Migration Guide
Questions? Join our Discord
DISCLAIMERS
THIS IS FOR INFORMATIONAL PURPOSES ONLY AND YOU SHOULD NOT RELY ON THE CONTENT HEREIN FOR ADVICE OF ANY KIND, INCLUDING LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVICE, AND SUCH CONTENT IS NOT A SUBSTITUTE FOR ADVICE FROM A QUALIFIED PROFESSIONAL OR YOUR OWN RESEARCH. EVERCLEAR FOUNDATION AND ITS SUBSIDIARIES MAKE NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, AS TO THE COMPLETENESS, RELIABILITY, VALIDITY, OR ACCURACY OF THIS INFORMATION. ANY INFORMATION CONTAINED HEREIN IS SUBJECT TO CHANGE WITHOUT NOTICE.
NO PARTY HAS REQUESTED ANY RULINGS OR LEGAL OPINIONS ON THE TAX CONSEQUENCES OF THE NEXT→CLEAR TOKEN UPGRADE AND WHETHER SUCH AN UPGRADE MAY CONSTITUTE A TAXABLE TRANSACTION. THE TAX CONSEQUENCES OF THE UPGRADE MAY VARY BASED ON EACH NEXT HOLDER'S CIRCUMSTANCES, INCLUDING THE TAX RESIDENCE OF THE HOLDER AND THE PARTICULAR UPGRADE PATH USED FOR SUCH HOLDER'S NEXT (AUTOMATIC UPGRADE ON L2S VS. MANUAL LOCKBOX DEPOSIT ON L1). EACH NEXT HOLDER IS URGED TO CONSULT WITH, AND MUST RELY SOLELY ON, THE ADVICE OF THEIR OWN TAX ADVISORS REGARDING THE TAX CONSEQUENCES OF THE UPGRADE AND THEIR PARTICIPATION IN IT.
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