Updated June 10, 2019
The official swapping process will take place when our Gravity Chain is ready & then we will migrate the staking & voting onto our blockchain in Q3 2019. For more details on Gravity Chain please see this blog ➡️The Grand Design of IoTeX
In the meantime, please refer to this information:
1️⃣If you have IOTX staked/voted - tokens will be automatically converted to native IOTX. You don’t need to worry about the swap.
2️⃣If you hold your IOTX on exchanges or wallets, we will have a formal token swap via exchanges like Binance in late Q3/early Q4.
- If you want, you may still swap from erc20 to native token now, but it is not required.
3️⃣For now, IOTX-E (erc20) is used to stake/vote. Native IOTX is used to run txns and smart contracts on IoTeX Mainnet. This will stay this way until we migrate staking/voting to IoTeX blockchain and do the official token swap in Q3/Q4.