guys, report on, Rust Swap
The counterparty to erc20 swap will happen around late Q3 this year. The website and erc contracts are being developed now, so far, everything is on track for the timeline.
.... Even that is early idea but still I expect there will be sufficient time for people to swap old token by new whenever it implements.
We'll leave the swap open for at least a year, I know that many crypto holders tend to load up a wallet and then forget about tokens and coins for a long time. So it stands to reason that we'll keep the conversion site running for a long time as well.
i guess yes, should it be burned after swap success, so no double coin with same ticker that can make people confused
Burning will happen as part of the swap process to ensure no double tokens are issued/exist.
We'll put a FAQ on the token swap up on the site and I'll have a channel in discord as well for it.