# SSV token upgrade mistake. Rev2

**URL:** <https://forum.ssv.network/t/ssv-token-upgrade-mistake-rev2/991>\
**Category:** Issues & Support\
**Created:** [April 15, 2023, 3:39pm UTC](https://forum.ssv.network/t/ssv-token-upgrade-mistake-rev2/991 "2023-04-15T15:39:45Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![gob](https://avatars.discourse-cdn.com/v4/letter/g/fbc32d/32.png) [@gob](https://forum.ssv.network/u/gob)\
**Post date:** [April 15, 2023, 3:39pm UTC](https://forum.ssv.network/t/ssv-token-upgrade-mistake-rev2/991/1 "2023-04-15T15:39:45Z")

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**Summary of Proposal**

Dear All,

this proposal is about an honest mistake that was made during the process of a token upgrade of CDT to SSV.

CDT tokens were sent to the SSV token upgrade contract with a “Transfer” function instead of “Convert” function, thus making those CDT tokens lost in the contract without the issuance of new SSV tokens back to the sender’s address as should have been.

The transaction was made a few months ago, and can be seen below:

> **[Ethereum Transaction Hash (Txhash) Details | Etherscan](https://etherscan.io/tx/0x3841d711a66009acca799717bb537f76589b2db4e8c8ed2e5e7808399a89c6be)**
>
> Ethereum (ETH) detailed transaction info for txhash 0x3841d711a66009acca799717bb537f76589b2db4e8c8ed2e5e7808399a89c6be. The transaction status, block confirmation, gas fee, Ether (ETH), and token transfer are shown.

**Proposal Details**

My proposal is basically to allow the ssv DAO to mint new tokens and send the newly minted tokens back to the sender’s address (0x697302628be3dd222da2c817b405c561ac25fdea) the appropriate amount according to the original CDT → SSV token upgrade process.

According to the above mentioned transaction, a total of 214,691 CDT tokens were transferred to the SSV contract, which applies for 2,146.91 SSV tokens (1:100)

So a total of 2,146.91 SSV tokens should be minted and issued to the address 0x697302628be3dd222da2c817b405c561ac25fdea

The CDT tokens are effectively burned as there is no way to withdraw them from the contract.

> [@Token Upgrade CDT -\> SSV](https://forum.ssv.network/t/token-upgrade-cdt-ssv/35):
>
> Token Upgrade Status: unassigned Proposal Overview We propose to enable a voluntary upgrade of the CDT token to a new ERC20 contract, symbol, decimal precision and minting ability. The name of the upgraded token will change to SSV. Motivation CDT was developed in 2017 using best practices and latest standardized code by the leading libraries (OpenZeppellin). Many innovations, repairs and advancements have been made to said code which should be updated to the current CDT token contract. A…

**Non-technical ELI5 of proposal**

A total of 2,146.91 SSV tokens should be minted and issued to the address 0x697302628be3dd222da2c817b405c561ac25fdea due to wrongly sent CDT tokens to the ssv token upgrade contract which are now lost in the contract.

**Motivation for Proposing**

Since this was a complete honest mistake by the owner of the address (me basically) I believe this is the right thing to do. supporting of this proposal would be highly appreciated.

**Reasons supporting the proposal**

A mistake was made, lets fix it.

**Reasons against the proposal**

None

_Poll ([view on site](https://forum.ssv.network/t/ssv-token-upgrade-mistake-rev2/991/1))_