Mark your calendars with the ZILLIQA $ZIL Token Swap Deadline: 15 February 2020

Greetings everybody,

We’re happy to share that the Zilliqa staff has accomplished swapping their tokens, and the proportion of swapped tokens is at the moment at 94%.

The deadline for the Zilliqa token swap is 15 February 2020.

As you may already know, token swap is a mechanism that can enable you convert ERC20 interim ZILs from the Ethereum community to native ZILs on the Zilliqa community on the fee of 1:1. That is essential for all token holders because the buying and selling of ERC20 interim ZILs might be frozen and turn into out of date.

To make use of the varied Dapps within the ZIL ecosystem, the native tokens are wanted as fuel charges just like Ethereum’ ETH tokens. Following the 15 February deadline, you won’t be able to swap your tokens, and they are going to be frozen eternally.

Don’t let this occur! Right here’s what it’s worthwhile to do immediately:

How will you swap?

Customers can swap through one of many supporting exchanges listed beneath, by means of which they need to:

  1. Deposit their ERC20 interim ZILs on the trade
  2. Get native ZILs in return when withdrawing from the trade

Trade Checklist:

The place are you able to retailer?

Internet/Desktop Wallets: Moonlet, ZilPay, and Atomic pockets

Cellular Wallets: Belief pockets, Math pockets, Infinito pockets

{Hardware} Wallets: Ledger Nano S [Tutorial]

Our suggestions:

  1. Please exactly observe the process and directions of the trade you might be utilizing for the token swap. As an example:
  • Just remember to solely ship ERC-20 ZILs to an Ethereum deal with offered by the trade for ERC20 interim ZIL deposit, and;
  • Solely withdraw native ZILs to a Zilliqa mainnet deal with. (e.g zil1xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx)
  • IMPORTANT NOTE: Your tokens could also be misplaced should you ship ERC20 ZILs to a Zilliqa mainnet deal with. Please seek the advice of the exchanges’ buyer help when you’ve got any questions.

2. Keep vigilant of scammers. Please use official sources to get your info and kindly confirm with our Group Managers on our Telegram Channel when you’ve got any doubts on.

As soon as once more, we urge you to complete your swap as quickly as doable! Thanks in your cooperation.

Read the original article here