If there is no clear plans to burn the coins then be very weary. I happen to know of a project that swapped coins and resold the coins instead of burning it. Once bitten twice shy. I wonder why the dev here is not responding to the simple question:
1. Why is there no count down to show amount of coins to be swapped - so we know how many coins to be burnt
2. What is the logic for taking more and giving back less when the total supply is now greater. The swap should reflect this.