PUBLISH, a global media technology company, announced that it will conduct a "second token swap" that swaps EOS-based NEWS tokens based on Ethereum (ETH).
A total of 10 billion news tokens issued on the EOS blockchain were swapped on a Luniverse-based basis in February 2021 through the first token swap. In this second token swap, the remaining 9 billion will be swapped on an Ethereum basis.
The swap ratio is 1:1. The domestic cryptocurrency exchange Casherrest supports swaps. Those who are swapped can keep their EOS-based news tokens in Casherrest's wallet before the snapshot time at 11 a.m. on March 25.
The swap completion date is March 30, with deposits and withdrawals and transactions scheduled to resume at 8 a.m. More information on swaps can be found on the Casherrest website announcement or on the TokenPost event page.
Kwon Sung-min, CEO of Publishing, said, "Previous work to strengthen token marketing has been completed through the first and second news token swaps. Starting with the launch of PUBLISHwallet in March, the expansion of the PUBLISHprotocol ecosystem will be more solid."
Source: Token Post