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Update ECH IBC Channels #1018

Merged
merged 6 commits into from
Dec 3, 2022
Merged

Update ECH IBC Channels #1018

merged 6 commits into from
Dec 3, 2022

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JeremyParish69
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@JeremyParish69 JeremyParish69 commented Nov 17, 2022

src: channel-403, dst: channel-11

New IBC denom hash can be confirmed by using their transfer website: https://app.ech.network/ibc
SHA256("transfer/channel-403/aechelon") = ibc/47EE...177D
This will make the old denom unofficial. Users' old ECH tokens would then be unlisted in the Assets page (should we change it to "ECH (old)"?

Currently looks like this:
image

Getting odd behaviour from the token search:
image

Edit: The complexity of this seemingly simple change as blown up massively. It might be more easily possible if there were a way to change between channels (but still only seeing 1 version at a time). But at this point it is my recommendation to consider abandoning the idea of displaying 2 version at once, and simply ask users to view pools containing ECH to see, trade, and LP their old-channel ECH (it cannot be withdrawn anyway).

We could simply update the the latest channel, removing the old-channel token. The biggest downsides to this are no longer seeing it in the Asset page, and not finding in the Swap page.

Pool 747 (old-channel ECH/OSMO) would look like this (now with the channel name included):
image

While 848 (new-channel ECH/OSMO) would appear canonical, and is included in the Swap page trade router:
image

src: channel-403, dst: channel-11
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vercel bot commented Nov 17, 2022

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@kittyxxSoftPaws
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I would be in agreement with ECH(old)

@kittyxxSoftPaws
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Just a note on this. Pool 848 is now up to 1513 OSMO at the time of writing. https://frontier.osmosis.zone/pool/848

Echelon (current)
@JeremyParish69 JeremyParish69 marked this pull request as ready for review December 3, 2022 19:48
@jonator jonator merged commit aa15b6e into master Dec 3, 2022
@jonator jonator deleted the JP69/chg-ech-denom branch December 3, 2022 20:35
JoseRFelix pushed a commit that referenced this pull request Dec 5, 2022
* Update ECH channels

src: channel-403, dst: channel-11

* Re-add old demon

* add echelon legacy

* fix echelon legacy

* update Echelon chain name

Echelon (current)

* Revert to only ECH new token
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3 participants