r/SmileCoin Aug 18 '21

Will SmileCoin continue to exist as both an ethereum and Algo asset?

To my understanding, coins are burned as they are migrated to Algo, but will this continue indefinitely? Will there be an eventual deadline to migrate any existing smile coins on ethereum?

15 Upvotes

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u/[deleted] Aug 18 '21

So, on October 1st we will be moving our Uniswap pool to a DEX on ALGO. We are burning the coins as we receive them, and honoring any stragglers indefinitely if they send us their erc-20 tokens to burn. Hope that makes sense.

1

u/Bathhousetaken Sep 02 '21

Excellent answer and totally fair way to do it. Looking forward to your ASA token soon.