Lowering Tokens
Prerequisites
Overview
Lowering tokens is the process of bridging EWT from EWX to ETH. This process has two steps:
Schedule a token lower
Claim lowered amount
STEP 1: Schedule a token lower
Find the
Lower
menu in the account popover menu on top-right of the screen. You may also click on⋮
icon located next to your EWX balance then clickLower Tokens


Enter lowering amount and click
Approve
You may also use the slider or pre-defined buttons that will calculate based on your account balance
The minimum amount for lowering is 1 EWT

Enter an ETH address and/or select an ETH account for which the lowering amount will go to. Make sure that the chosen account is highlighted before clicking
Next

Review the transaction and click
Confirm

Approve the transaction in your wallet

Wait for the transaction being executed

You will see a "Transaction scheduled" message along with the transaction URL to Polkadot explorer
Lowering operation will take approximately 24 hours to succeed

To check the status of the scheduled lower, click on the
Transactions
icon on the upper section of the screen

Newly scheduled lowers will be in
Pending
status while those which are ready to be claimed will display theClaim
button

STEP 2: Claim lowered amount
In the Transactions page, simply click on the
Claim
button

Connect your ETH account
Ensure that the ETH account has enough ETH native tokens to be used as gas fees in the claim lower transactions.

Review the claim lower transaction and confirm

Approve the transaction in your wallet

Wait for the transaction to be executed and you will see a success message

Newly executed lower claim status will be displayed as
Claiming
It takes approximately 5 - 10 minutes for the claim transaction to complete. The status will automatically display Success
once lower claim is completed.

Lower claim is successfully executed
The lowered amount will automatically reflect in your wallet. Please use the following token configuration in your wallet:
Network - Ethereum
Contract Address - 0xB66a5D30D04f076E78ffB0d045C55846Fdcde928
Symbol - EWT
Token Name - Energy Web Token

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