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This new token will also have 21.000.000 tokens available.
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The swaprate will be 10:1
That means for each 10 eBIT you sent you will get 1 new token.
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This doesn't make sense at all. Why would I give 10 tokens for 1 similar token created from thin air. There is no guarantee that the new token will be worth 10 times more than eBIT. It's more likely it will be worth about the same.