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Trac Network
  • August 14, 2025
$TNK

This article will be our final call for latecomers to the upgrade.

We are pleased to announce the month of September as the release of $TNK token for Trac Network.
This article is subject to tweak and changes in the next couple days to facilitate the understanding of the community.

Some reminders

$TNK is the new network asset of the Trac Network. It will be used as gas fee for our new interoperable Layer 1 (L1).

Trac Network is built on Bitcoin’s founding ideals — true self-custody and fully peer-to-peer transactions. It empowers the creation of next-generation peer-to-peer applications (App3) while delivering one of the fastest Layer 1 performances in the industry.

With high throughput, rapid finality, and uncompromising security and decentralization, Trac Network is ready for mass adoption.

How to get your hands on $TNK

Stake $TNK

Stakers of the $TRAC token will be able to claim $TNK in exchange of their $TRAC when the upgrade period ends.
You can still stake your $TRAC BRC-20 at https://staking.tracvalidator.com/

The current amount staked is around 8 million $TRAC. Only these staked tokens, along with the community pool and validator collection wallets, will be upgraded. The rest of the supply will not be ported over as $TNK. This means that if the upgrade were to happen tomorrow with the current staked amount, the total supply of $TNK would be around 10.5 million tokens — compared to the current $TRAC supply of 21 million.

 

$TNK Upgrade

Some important informations about the staking:

  • ONLY staked $TRAC will receive the 1:1 upgrade to the official $TNK token.
  • ONLY $TRAC within self-custody wallets can be staked.
  • Tokens left on CEXs will NOT be upgraded.
  • You can buy $TRAC on Gate.io, Unisat, and MEXC.**
  • **MEXC already lists the token as $TNK, but it’s still the same BRC-20 $TRAC token being sold, so you must still stake it to upgrade.
  • The staking window is still open until we close it in September
  • Once again no currently Staked $TRAC will be redeemable from the staking pool, this is an swap/ exchange of $TRAC for $TNK.

What happen next

Between September 1st and September 30th, on the date we choose to upgrade, staking will be closed and tokens will be upgraded. We will not disclose the exact date and time of the upgrade to prevent market manipulation.

What this means:

You have until August 31st to stake your $TRAC BRC-20 in the staking platform to guarantee eligibility for the $TNK token upgrade. After August 31st, holding $TRAC on exchange/wallet or more generally out of the staking pool will be at your own risk, as the upgrade could occur at any time in September depending on our progress with Trac Network.

If you have not yet staked your $TRAC, you have 16 days left from the publication of this article to do so safely.

What happens after the upgrade?

The $TRAC token will be discontinued, and the new token for Trac Network will be $TNK.
$TNK will serve as both the gas token for our new Layer 1 and the governance token for Trac Network and Tap Protocol. All utilities, functions, and integrations previously tied to $TRAC will transition to $TNK.

For centralized exchanges, we will cease all liquidity and support for $TRAC, and only $TNK on Trac Network will be supported. Within the following month, we will also work to enable cross-chain support for $TNK on Ethereum and Solana, on top of the existing cross-chain interactions with Bitcoin.

The total supply of $TNK will equal the sum of tokens staked in our pool at staking.tracvalidator.com, plus the community pool and the validator sales collection. (currently around 10.5 million tokens).

If you decide not to upgrade your tokens, your $TRAC will remain as they are, but they will no longer be supported. You will still be able to trade them like any other BRC-20 token, but they will be considered a legacy version with no official support or use cases.

TLDR Example:

If we decide to upgrade on September 15th at 15:00 UTC, the staking window on the platform will be closed. Any attempts to stake after this time, or to manually send $TRAC for an upgrade, will result in a loss of tokens.

The new total supply of $TNK will be determined by the number of tokens staked, plus the community pool and the validator sales collection. For example, if this total is 12 million tokens at the time of the upgrade, then the total supply of $TNK will be 12 million, with a 1:1 exchange rate from $TRAC.

A claim portal will go live the same day, allowing stakers to claim their $TNK holdings. Trading of $TRAC on centralized exchanges will be halted, and $TNK trading will begin.

Stay up to Date

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