We are getting closer by the minute! On Saturday 10th April, we started registering volunteers to the CSCL CSC to XRPL CSC swap to assist us in making sure that everything works and ensure that we iron out small issues when it comes to the swap process. You can see some of the testing ongoing on the observer. People involved are swapping real CSCL CSC for real XRPL CSC right now and it’s starting to get very exciting for us here at Eminence.
We are currently putting together easy-to-follow instructions for the swap that will be ready to follow on swap day. Meanwhile, just relax and make sure you have the following things ready:
As mentioned in our last update, we are now aiming for the 20th of April for the official start of the swap, but this date is very much dependent on the release of the XUMM 2.0 wallet. If we see another delay leading up to the 20th – which is possible given it’s an active development project – we will inform you straight away.
In addition, we can now also finally confirm that we will swap GFG and CR8 holding on a 1-to-1 ratio into XRPL CSC. If you swap your GFG with us, you will not be able to claim them back later on their own swap, if it happens.
Despite all of this ongoing work, we continue to monitor communications by the community in Discord and Twitter. We have noticed that some people are concerned about being locked out of trading during the swap. We can assure you, that won’t be the case. We have an agreement with exchanges signed, the DEX will be available from day one. The grace period for centralized exchanges will be rather short and is estimated to be around three to five days.
Moving forward, we will need everyone who is currently on our mailing list or a BRM user to grant Eminence Ltd permission to email them in order for us to remain compliant with GDPR regulations. You should have received an email from us today regarding this. If you haven’t received one, it is possible that you weren’t registered with us for updates, you can opt-in via this form https://eminence.im/newsletter/
We are getting a lot of questions about how to swap, when to swap and where to swap. For now, just sit back and wait till further notice, we will post all the details once everything is ready. Don’t worry, we’ll be actively communicating with the community on Discord, Twitter and Newsletter as the swap starts and progresses. If you follow us on Twitter and check casinocoin.org/swap once a day, you won’t miss anything.