LGCY/LGXY Swap Update: Everything You Need to Know
Exciting news! The market conditions are ideal, and we’re thrilled to announce the migration of the LGCY token to its new and improved version, LGXY, this Friday, May 31st, at 11 PM PST. With roadblocks cleared, we’re ready to move forward. Here’s everything you need to know about the swap.
Important Dates and Details
- Old Uniswap Closure: The old Uniswap pool will close tonight, so please refrain from trading on the old LP as it will no longer have liquidity.
- New LP Launch: The new liquidity pool will launch with the same amount that was removed, starting at $0.00035. An update on the new LP will be provided on Thursday before the launch.
How to Swap Your Tokens
If You Have ERC20 LGCY
1. Swap via OTC: You can swap via OTC with a minimum of 5 million LGCY (exceptions can be made for loyalists). To do this, send your current LGCY to the burn address (0x0000000000000000000000000000000000000001) from the wallet you want to receive your new LGXY in. Then, direct message @LGCYman on Telegram or @lgcynetwork on Twitter. The deadline for this is May 29th, 9 PM PST, to qualify for the OTC airdrop on Friday.
2. Wait for Swap Migration: Alternatively, you can wait until after May 31st for the release of the swap migration smart contract or the centralized exchange option.
If You Have LRC20 LGCY and Want ERC20 LGCY on Friday
- Send your LGCYscan information (email and address) to @LGCYman on Telegram, support@lgcynetwork.com, or direct message @lgcynetwork on Twitter. The deadline for this is also May 29th, 9 PM PST.
If You Want to Keep Your LRC20 LGCY/LGXY
- Simply hang tight and no further action is required.
Special Airdrops
As a token of our appreciation for your loyalty, we will be giving out special airdrops of USDL on Saturday to loyalists (whales, OGs, and active members) who have stood by us over the years.
Token Burn Update
As we’ve burned many tokens throughout the years, the dev fund staking reserves have become disproportionately large compared to the circulating supply. We will recalculate everything and reduce the reserve by at least 10 billion tokens this week.
Stay tuned for more updates, and thank you for your continued support!