EFX token swap is full steam ahead! Jesse and Laurens and the Tech Team from Effect have been building out the front- and back-end of the migration tool as well as the smart contracts needed for the EFX token and migration process. We are ahead of schedule but we will leave a buffer for testing. Time to get your calendar out… The official start date of the migration is Tuesday April 30th 2019 at 11am Amsterdam time (CET/GMT +1)
The migration tool allows you to login with a NEO private key, encrypted key/passphrase or, the most secure option, with your Ledger. The private key will be used to sign your EFX swap transaction on the NEO blockchain, but will never leave your browser. If you are using the Ledger, your private key will never leave the Ledger and you can sign the transactions on your ledger.
After you are logged in with your NEO address, you will be able to swap your EFX to your EOS account. This will be done through a smart contract on the EOS blockchain. More details about how this technically works and more instructions on how to do the migration will be available later in April.
A sneak peak at the 2 April Effect.AI Newsletter:
April 16th
Details on a special incentive for those who are first to swap their EFX
Exchange listing information on both sides of the swap
Effect.AI explains how Liquidapps is making it easy to run dApps on EOSIO
And more…
April 28th
EFX Token Swap tutorials
Technical explanation of the migration process
A deeper look into Staking
Effect Force update!
Check out all our new friends over at EOS!
And more…