Actions: key swaps

Key swaps move everything a key controls to a new key. They are the way out when a key is exposed or you are rotating keys, and they are among the most consequential transactions you can sign. Open Key Swaps.

Coldkey swaps

A coldkey swap happens in two steps with a waiting period between them, so the owner has time to spot and stop a swap they did not start. For the full rules (fee, delay, what the coldkey can do while a swap is pending), see Coldkey swap.

Swap Coldkey Announcement

Starts a coldkey swap by announcing the new coldkey. The chain checks the new coldkey and reserves it until the swap, so no one else can register it as a hotkey in the meantime.

Execute Coldkey Swap

Completes the swap once the announcement delay has passed. Enter the same address you announced: the chain compares its hash with the announcement. Everything the old coldkey controls moves to the new one, and this cannot be undone.

Cancel Coldkey Swap

Cancels a pending swap you announced. The chain clears an announcement only after the re-announcement delay, and only if the swap has not been disputed.

Challenge Coldkey Swap

Disputes a swap you did not start. It blocks every further action on the swap until the triumvirate resolves it, so use it only when the announcement is not yours.

Release Swap Destination Reservation

Frees a wallet that a coldkey swap reserved as its destination. Sign with the reserved wallet (the swap's new coldkey), not the coldkey that announced the swap.

Hotkey swaps

Swap Hotkey

Replaces a hotkey with a new one while keeping its stake and network identity. The swap is immediate and cannot be undone, and the chain may charge a swap cost on top of the transaction fee. See Hotkeys.