Happy ERC20 Golem Holidays everyone!
As you know, on November 19th 2020 we launched the migration GNT -> GLM, and we’re very excited to see the response from our community in the past month. Since the previous update, there has been a few news, and as we are writing, 28.82% of the total supply has been migrated!
Exchanges migrated and Uniswap Liquidity
Since the new GLM can be traded on DEXes, a significant percentage of the trading now happens in Uniswap.
The most exciting part is that the liquidity has been community-sourced (Golem Factory only set up the first Uniswap GLM / ETH pair with a small seed amount).
DeFi (Decentralized Finance) refers to DEXes and protocols that do not rely on central financial intermediaries, but the communities decide about the listings, grow the liquidity and more. If you are curious about DeFi, and you want to learn how then we suggest you start here, a well-rounded learning resource. Trading on DEXes, gives you the opportunity to swap and acquire tokens in a permissionless manner - that means you are the sole responsible for your own safety.
However, exchanges remain integral to us, and almost all main exchanges have migrated and set up their respective pairs:
- Coinswitch Kuber
- Upbit Indonesia
The list of pairs itself is far too long to be listed here, so if you want to have a closer look, we suggest you look at the migration portal.
If you have your GNT in a wallet, here is the documentation to walk you through the migration process.
IMPORTANT - read this to prevent scams:
Only trust official links and official Github (.golem.network and https://github.com/golemfactory)
Golem representatives will not contact users on private message form, nor request actions directly. Do not trust personal/direct messages.
We are happy to answer all questions - reach out to us in the official channels or to firstname.lastname@example.org