Ledgerium is going through some very exciting updates.
In this article I will show you all how to swap your current LGUM tokens to the new audited and reduced supply XLG tokens. You can explore the reasons and updates in a separate article here on why this was done. This article will only provide instructions on how to swap.
Swap is active — Please complete the swap as early as you can.
The swap will be done on a 1:1 basis. Which means for every LGUM you send you will receive 1 XLG. Minimum LGUM needed for swap is 88. Anything else will be rejected and you will lose your token.
While we will entertain LGUM swaps until March 15th 2019, anything sent to us after Feb 15th 2019 will be delayed in the swap and go through a manual process. After March 15th no more swaps will be done.
The easiest way to swap your tokens is to send your LGUM to the following address. This will automatically put your address in queue to receive the new XLG tokens.
Some things to note:
1. You must use an actual ethereum wallet like metamask, myetherwallet or local wallets. Exchange wallets like coinbase, or anything with the exception of ACX will not be entertained and you will lose your tokens.
2. You must send 88 or higher LGUM to receive the swap. We recommend you consolidate and do one tx since it will save you and us on Eth fees for network transfers. Bigger balances also go through the swap much faster.
3. LGUM must be sent to the address below. If it is sent anywhere else, we will not be able to help you.
Before sending LGUM you can also verify the correct address to send tokens to. We have signed a message from the contract owner for the new XLG tokens. It should match what is listed below. This can be verified here:
Steps for Swap:
a.) Login to your wallet and send your LGUM to following address using the same address you want to receive the swapped coins on:
b.) Wait for the swap. Depending on the amounts in question, the swap can take between 15 minutes to 1 business day.
c.) Verify swapped coins on the same account you sent the LGUM from.
Difficulty: Very Easy
The easiest way to swap is to put your tokens on ACX.io where LGUM is being currently traded. We will honor and work with ACX to easily convert all LGUM to XLG. Follow them on twitter for updates or join our telegram for deadlines around when to do this.
If you have any questions or problems please contact us on our telegram group or email.