I wonder what a token swap brings compared to airdropping a totally new eBTC coin. The swap will probably never be fully complete, leaving one original eBTC token in play and one new 'original' eBTC token. Could be confusing as hell.
Any gen1 eBTC tokens that remain in the wild after the swap will be replaced during the swap with gen2 eBTC.
For example, if only 19 million eBTC are returned during the swap, The gen2 eBTC will have 21 million tokens available for the swap, any gen2 tokens that are not swapped and remain will be added to the development funds or airdropped to gen2 eBTC holders.
Trading will be paused at a block #, after this the current gen1 token will be delisted from Mercatox, ED & Dec and then the gen2 token will take its place retaining the eBTC ticker.
I said if before ok the last page, theres a few people trying to scare people off the swap, Id much prefer that every single gen1 token is swapped but unfortunately in the event that someone doesnt return their tokens they will be added to development funds or airdropped, and I have a feeling that some people on the last few pages would prefer they get a larger airdrop if more people decide too not return.
Sound like a well thought out plan. I agree that a swap is the best solution. And to use some of "unswapped" coins for small future airdrops, bounties or signature campaigns is also a great way to fund development and marketing.