Question

I understand LTX is an ethereum (erc20) token at the moment and there is a planned optional swap once the state channel is live. Can the swap be performed any time to the hypergraph token, or will it only be done at a specific time?

Answer 1

After the Lattice State Channel and the ETH cross-chain bridge is live we will have an optional swap from ERC20 $LTX to L0 $LTX.

All Lattice products will be moved to the Hypergraph because of the network fees (e.g. staking and swapping on cost up to 300$ on ETH vs 0 to 1$ on the Hypergraph.

This means Users who want to use Lattice products like governance voting, yield farming or launchpad staking will need to swap to L0 $LTX.

If they don't want to use any product they can just hodl their ERC20 $LTX.