An update on the upgrade/swap of the LYM token

Lympo
Lympo Business Blog
2 min readMar 1, 2019

Dear Lympo community,

Lympo has successfully performed the upgrade/swap of the old LYM token to a newer, more reliable and robust version that will feature cheaper transaction fees and a multi-signature wallet functionality. You can read more about the process and our reasons for it here.

The main takeaway is this: the LYM token upgrade/swap process went smoothly and as planned.

What you should know:

1. Due to national holidays in some of our partnered exchange countries, and because the transfers have to be doublechecked, there might be a minor delay with these exchanges confirming the balances.

2. Eidoo and Ethos wallets will update the new LYM token information in the upcoming time too.

3. Etherscan.io already provide updated information;
The old LYM Smart contract has migrated to the new LYM smart contract.

4. Those of you who haven’t gotten the new LYM tokens because your wallet was related to the IDEX decentralized exchange or you still hold in Cobinhood exchange, please fill this form.

Transactions are going to be made manually on Mondays, and Fridays. You can also contact us on our Telegram channel for more information.

As mentioned earlier, the new and upgraded LYM token will help strengthen Lympo’s crypto infrastructure, increasing the security and robustness of the platform and paving the way for much smoother transactions. If you haven’t seen our 2019 roadmap yet, take a look here — we have many more exciting things coming!

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Lympo
Lympo Business Blog

Lympo is building a sports NFTs ecosystem including NFTs with IP rights of world-famous athletes and clubs