PCHAIN PI: Token Swap
PCHAIN (PI) Token Swap will start on the PIwallet at 10:00 am on June 26th (UTC+8). Stay tuned for the swap instructions.
Meanwhile, the Weekly Token Swap applications will be closed at 23:59 on June 23th (UTC+8). All the current applications will be processed before Jun.25th.
After a long-time internally discussion and thoughtful consideration, PCHAIN decided to start official Token Swap in June 2019 publicly as some of the following 2 reasons:
1. we would want to protect every token holders’ benefit and make sure our Mainnet is 100% stable and secure for all of you.
2. we would like to add more PI on the Mainnet step by step and check with every steps about our Safe Delegation and Dynamic Validator Mechanisms for secure everyone’s benefit.
Meanwhile, during April to public token swap in June 2019, we also offer 7 accounts’ token swap/week. Swap details will have some limits during this period; first come first served, more details will be announced later. Once 7 accounts are done in the current week, next token swap is only accepted from the next week.
Benefits of token swap:
1. no matter how long, you need swap ERC 20 PI to native PI in the end of token swap, ERC 20 PI will be not circulating one day.
2. The earlier you swap the token, the earlier you have the chance to share with PCHAIN PoS mining and other profit on Mainnet.
What you can still be rewarded if you don’t token swap?
Join our Bounty Program, the more you contribute, the more award you get. The more PI you hold, the more share you will be divided.
How to apply token swap during April to June 2019? Details are coming soon.
What is a coin swap (token swap)?
A coin swap is a process of cryptocurrency migration from one blockchain to another. It may be due to a hard fork (coin swap) or a mainnet launch (token swap). Holders need to follow swap guides in order not to lose their cryptocurrency.