What Is A Token Swap. Are you confused about what a token swap means for UNISTAKE.
04 Mar 2021, 04:32
What Is A Token Swap?
Are you confused about what a token swap means for UNISTAKE?
A token swap is a simple smart contract that is commonly used in crypto when a project wishes to merge their token value to a new token or even a new blockchain.
The contract allows one token to swap 1:1 with another and retain the value.
1 UNISTAKE
=
1 LQDY
The LQDY token is essentially UNISTAKE with the same supply and use case, only it can be used across all products that are released on the entire Liquidy platform.
You do not need to do anything now, when the token swap is available the contract will be audited and released and once swapped, your token value will be the same as if you had never swapped at all.
More info about our plan for the swap and how it will allow you to use your new LQDY token on other chains will be released soon.