Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
DenisZabar
on 01/02/2020, 22:57:35 UTC


So if you have 100 XEM in XEM wallet, you will receive 100 XYM in XYM wallet.  In total you will have 100 XEM and 100 XYM.  Two different blockchains and tokens.


Sure?


Quote
Snapshot is the term for when we take a "picture" and record everyone's XEM balance across the NEM blockchain. This is then used to populate the new SYMBOL tokens in the new SYMBOL blockchain. One SYMBOL token for every 1 XEM token at the time of snapshot will be put on the new SYMBOL platform blockchain.

https://support.nem.help/hc/en-us/articles/360034476171-BASIC

So after opt-in we will have same amount of SYM on a different chain and we can keep same amount of XEM on old chain?

Did i get it correctly?