Hi,

sorry, not at all my intention. I am only trying to understand this exchange process.

To make it more clear. Does it work like this ?:

We have Leocoin, a real crypto currency with a POS mechanism.

We want to move to a ECR 20 token.
ECR20 tokens must be created.

According to the token contract, there is exactly one address/person( first question: who : Leocoin Foundation?) that has the right to create tokens.

As you said correctly, we have about 130 million Leocoins, so 130 million tokens were created, right?

In a next step, everyone with a Leocoin gives its Leocoins to the token creator and will get tokens back , right?

What happens to the Leocoins that were exchanged against a token? Are they destroyed? Or listed, so that they can not be exchanged once again (2nd question)?

Thank you!
Best wishes