A much needed update for a coin who's been somehow silent in the past weeks. It is quite re-assuring that the devs of Mag are still doing their best to let this coin prosper even in this kind of bear market. Mag holders will definitely be happy about this news. Here are some of the key points from the article.
- 1. For MAG to survive in the coming months, Mag will transition from native currency into an asset on Stellar network.
- 2. One change that will be very beneficial to its users and community - staking is fully supported by the Anchor on Stellar so any amount will stake automatically. You do not need to run a wallet.
- 3. No date yet for the transition.
- 4. 2 OPTIONS TO SWAP MAG TOKENS TO STELLAR - a. With the LITEMINT WALLET and b. With the ANCHOR API