Lean Management Tokens to Leancoin – swap update

Lean Management Tokens to Leancoin

Today, we have closed the exchange of Lean Management Tokens to Leancoin via the Lean Marketplace. We remind you that the exchange parity has been set at 1:500, meaning that for 1 Lean Management Token, the LEAN holder will receive 500 Leancoin. Lean Management Token is a token minted on the ETH network (erc20). Leancoin is a token from the Solana blockchain (spl). All Lean Management Tokens that will be exchanged for Leancoin will be sent to the burn wallet.

Today, we have launched an online form for exchanging Lean Management Tokens for Leancoin. The exchange instructions can be found at this link:

https://docs.leancoin.io/swap-lean/swap-of-lean-management-token-lean-to-leancoin-lean-through-online-form-april-2023+

The exchange form is located at:

https://leancoin.io/swap-lean/

In a few days, the swap of Lean Management Token for Leancoin will take place on Lean Marketplace. The tokens will be available for withdrawal from the beginning of June. During this period, we are working intensively to implement changes on Coin Market Cap, CoinGecko, and DigiFinex. We are also waiting for the final report from Hacken, which will detail all the functionalities of Leancoin. We remind you that the majority of Leancoin tokens are subject to vesting through a smart contract. The vesting rules were verified by Hacken, receiving a score of 10/10.

Here is the Leancoin documentation presented to Hacken:

https://docs.leancoin.io/swap-lean/

Once all changes are implemented, the token will be updated on Lean Marketplace. Also, Leancoin will be introduced as a form of payment on Leancoin Adopters.

Soon, we will provide instructions on how to open a wallet on the Solana blockchain using Phantom Wallet. The guide will be published in 4 languages here:

https://docs.leancoin.io/swap-lean/swap-of-lean-management-token-lean-to-leancoin-lean-through-lean-marketplace-march-april-2023/step-2-create-solana-wallet-for-leancoin-planned

In May, we will provide a guide on how to withdraw Leancoin from Lean Marketplace to receive a 50% reward. The guide will be presented here:

https://docs.leancoin.io/swap-lean/swap-of-lean-management-token-lean-to-leancoin-lean-through-lean-marketplace-march-april-2023/step-3-withdraw-leancoin-to-solana-wallet-planned

Stay tuned for more details about the swap process.

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