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What will happen to swapped back old ERC20 tokens?

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What will the team to do with old ERc20 tokens swapped back by long time holders? I suppose swapped old tokens will be burned - lock it away in a wallet .. however I need to confirm this since there is no clear statement about it yet.

Since only new erc20 token will be used as utility token on belance platform, there is no economic model supporting old token . Therefore it will die off slowly unless there is a way to decrease supply of old tokens (such as burning swapped back tokens)

Answers 4

  • Rigoberto Villalba
    05.04.2018 в 01:14
    Nothing will happen with these exchanges, they will remain and they will become acquainted with the new token, it is the most logical thing.
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    • erc20holder pro 5 April 2018, 10:44
      what will happen those old tokens given back to the dev team? will they burn all ?or try to sell it again on exchanges (which kills the price)
  • Mike Coleman
    04.04.2018 в 17:56
    The new token will improve the image of the project and there will be more possibilities to make new exchanges.
    0
  • Mary
    04.04.2018 в 00:11
    I hope it stays for a long time, I like the original project
    0
  • nakoto vanilbok
    03.04.2018 в 22:52
    I think the new one is going to replace the old one, that's why it's important to pay attention to the announcements of the team.
    0
    • erc20holder pro 3 April 2018, 22:55
      Yes it will replace for sure; but what will happen those old tokens given back to the dev team? will they burn all ?or try to sell it again on exchanges (which kills the price)
    • Aaron 11 April 2018, 14:00
      I am already loosing money here. I just want the swap to be FAIR and believe so does everyone else.

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