The long-awaited IOTA Rebased mainnet upgrade is set to launch on May 5, 2025, at 9:00 AM CEST, marking a pivotal milestone in the evolution of the IOTA network. This upgrade transitions the ecosystem from the Stardust network to a fully rebased, more secure, and scalable IOTA mainnet. Designed with decentralization, transparency, and user accessibility in mind, the Rebased upgrade ushers in a new era for token holders, validators, developers, and ecosystem participants.
This comprehensive guide walks you through every critical aspect of the upgrade—what it entails, how to prepare your assets, what to expect during the genesis ceremony, and how to navigate the new network environment.
What Is the IOTA Rebased Upgrade?
The IOTA Rebased upgrade is a foundational network reset that enhances security, improves consensus mechanisms, and strengthens decentralization. Unlike traditional blockchain forks, this is a coordinated transition involving a verified snapshot of the current ledger state and a transparent, multi-validator genesis process.
Key features of the Rebased network:
- No token migration required for IOTA holders
- New browser-based official wallet
- Enhanced validator set with transparent onboarding
- Seamless continuation of IOTA EVM operations
- Improved infrastructure for dApps and developers
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Preparing Your Assets for the Upgrade
One of the most user-friendly aspects of the Rebased upgrade is that IOTA token holders do not need to migrate their tokens. Your holdings will automatically carry over to the new network—provided you can access them through proper credentials.
Required Access Credentials
To regain access to your assets post-upgrade, ensure you have one of the following securely backed up:
- Private key
- 24-word mnemonic phrase
- Firefly or Bloom wallet stronghold file
⚠️ Important: The legacy Firefly desktop wallet will no longer be supported after the upgrade. Users must transition to the new official IOTA wallet.
The New IOTA Wallet: A Browser Extension
The new official IOTA wallet is a browser extension available on launch day via Chrome Web Store. It offers a modern, secure interface for managing tokens, NFTs, staking, and interacting with dApps.
Additionally, the IOTA Wallet Dashboard—a complementary web app launching just before the upgrade—provides advanced insights into your portfolio, including vesting schedules from previous token conversions (e.g., Assembly-to-IOTA).
Hardware wallet users will be pleased to know that Ledger devices remain fully supported, though users must install the new IOTA Ledger app compatible with the Rebased mainnet. Note: Manual installation may be required for Ledger Nano S due to its deprecation in Ledger Live.
Exchange Support During the Upgrade
Most major exchanges supporting IOTA trading will be compatible with the Rebased network. However, users should anticipate temporary service disruptions:
- ✅ Trading: Will continue uninterrupted
- ⚠️ Deposits & Withdrawals: Temporarily paused during the upgrade window
- 🔄 Resumption: Expected within hours after network stabilization
Always check with your exchange for specific timelines and update notifications.
The Genesis Ceremony: Step-by-Step Breakdown
The Rebased launch is anchored by a meticulously planned Genesis Ceremony, led by the IOTA Foundation and 12 trusted validator organizations, including:
- IOTA Ecosystem DLT Foundation
- Tangle Ecosystem Association
- DLT Green
- P2P
- Luganodes
- Twinstake
- KILN
- Stakin
- Nansen
- Blockscope
- DAIC/Coinage
- Staketab
These entities ensure transparency, consensus, and security throughout the network initialization.
Phase 1: Network Shutdown & Snapshot
At 9:00 AM CEST on May 5, 2025:
- Stardust mainnet and IOTA EVM are shut down
- Multiple Hornet nodes take full ledger snapshots
- Snapshots are internally verified by the IOTA Foundation and validators
- Transparent address mappings created (especially for treasury funds)
- All data published in a public repository for external verification
Phase 2: Building Genesis Data
Using verified snapshots:
- Master of Ceremonies creates the Stardust Objects Snapshot
- Validators submit metadata (e.g., node info, stakes)
- Delegation map finalized (showing stake distribution)
- Unsigned genesis checkpoint built with system data
- migration.blob file generated to restore ledger objects at boot
Phase 3: Validator Verification & Signing
Each validator:
- Downloads unsigned genesis checkpoint and migration.blob
- Independently verifies all artifacts
- Digitally signs the checkpoint upon confirmation
This step ensures full consensus before finalization.
Phase 4: Finalizing the Genesis Blob
Once all validators sign:
- A finalized genesis.blob is created, containing aggregated signatures
- Validators use this file to bootstrap their nodes
- Confirms complete agreement on initial network state
Phase 5: Network Launch
Final steps include:
- Publishing genesis.blob on public repository and Amazon S3
- Releasing updated node software with unique chain ID
- Validators deploying nodes and forming peer connections
- IOTA Foundation activating core infrastructure (APIs, explorers, wallets)
- IOTA EVM resuming within 4–8 hours post-launch
For technical deep dives, refer to the Genesis Ceremony Playbook.
How to Use the New IOTA Wallet
Getting started with the new wallet is straightforward. Official guides cover essential tasks:
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Alternative Wallet Options
In addition to the official extension:
- IOTA Wallet Dashboard (web app): Offers detailed asset tracking and delegation insights
- Nightly Wallet: Third-party option available as a web dApp and mobile app for advanced users
Blockchain Explorers for Network Transparency
Monitor real-time activity via two robust explorers:
- Official IOTA Explorer (explorer.iota.org)
- IOTAscan.com (community-developed)
Both provide visibility into transactions, validator performance, smart contracts, and network health metrics.
IOTA EVM After the Upgrade
The IOTA EVM resumes operations on launch day, allowing uninterrupted DeFi and dApp usage. MetaMask remains fully compatible.
A new IOTA EVM Bridge Web App (formerly EVM Toolkit) will soon enable seamless asset transfers between Layer 1 and EVM. Plan ahead—expect several hours of potential downtime during the transition.
Growing the Validator Network
The network launches with 13 validators. Expansion will occur in phases:
- ~10 new validators added daily
- Target of 50 validators within 4–5 days
- Gradual growth to 150 validators over several months
Token holders are encouraged to delegate stakes to promote decentralization. Instructions available in the staking guide.
Infrastructure & Ecosystem Readiness
Post-launch availability includes:
- Exchange integrations: Rolling out shortly after launch
- RPC endpoints and APIs: Immediately accessible (documentation here)
- dApps: Becoming available in phases—stay tuned for updates
Frequently Asked Questions (FAQ)
Q: Do I need to migrate my IOTA tokens?
A: No. Your tokens will automatically appear in the new network if you access them using valid credentials (mnemonic, private key, or stronghold file).
Q: Can I still use my Ledger device?
A: Yes. However, you must install the new IOTA Ledger app compatible with the Rebased mainnet.
Q: Will trading be affected on exchanges?
A: Trading continues, but deposits and withdrawals will be paused temporarily during the upgrade.
Q: What happens to Firefly wallet data?
A: The old Firefly desktop app will be discontinued. Migrate your data using backup files before May 5.
Q: How can I participate in staking?
A: Use the new IOTA wallet to delegate your tokens to active validators and earn rewards.
Q: Where can I verify the network launch was successful?
A: Check real-time data on explorer.iota.org or iotascan.com.
Final Thoughts
The IOTA Rebased mainnet upgrade represents a major leap forward in scalability, security, and community-driven governance. With no token migration needed, seamless wallet access, and a transparent genesis process, users are well-positioned to embrace this next chapter.
Stay informed through official channels like IOTA’s X account and community Discord servers. As the ecosystem grows, so do opportunities for innovation, participation, and value creation.
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